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Forex brokers and living in the US

cunod
Apr 19 2011 at 02:14
97 posts
With all the regulation right now I am finding it difficult to find a broker, outside of the big guys such as FXDD, FXCM, and FXDD that take US residents.
What other ones are out there that take US residents?
zzzero
Apr 19 2011 at 21:30
1367 posts
Shaun Kennedy (shaunieok)
Apr 22 2011 at 16:51
11 posts
I am currently using Alpari US and Forex.com...Not thrilled but...
I'm demoing IBFX...they found a way around the FIFO for US..
bwizard (bwizard)
Apr 22 2011 at 19:21
54 posts
oanda
You will never go broke by taking profits
speki
Apr 22 2011 at 19:25
735 posts
Yeah, Oanda. Good broker /and I'm not saying this coz I'm on their payroll/
Surround yourself with people whose eyes light up when they see you and who have no agenda for your reform.
cunod
Apr 22 2011 at 21:10
97 posts

shaunieok posted:
    I am currently using Alpari US and Forex.com...Not thrilled but...
I'm demoing IBFX...they found a way around the FIFO for US..

Did ibfx say how they managed that? I was looking at them. They seem ok at first glance. But for some reason there are things that make me twitch with them. Don't know why? Seems more like they put just enough information on there site without actually giving all the information.
Splexin
Apr 22 2011 at 22:33
202 posts
bwizard posted:
    oanda
I've used Oanda since I started trading. Great spreads for the most part. I made a buku on their price options, which is only on the FXTrade platform. But no hedging allowed and leverage is restricted to 50:1 🙃
Jonny (jonnyrich007)
Apr 23 2011 at 02:25
72 posts
They all do backoffice accounting of FIFO rather than do it on MT4 platform. I recommend FinFX.
Nothing beats Integral liquidity solution and their ECN model.
Never ever ever give up!!!
James_Bond
Apr 24 2011 at 15:13
556 posts

shaunieok posted:
I'm demoing IBFX...they found a way around the FIFO for US..


And how that works exactly?
Shaun Kennedy (shaunieok)
Apr 24 2011 at 20:33
11 posts
something to do with their backoffice..I don't know...get a demo and check it for yourself is my recommendation...
Oanda seems to have some larger spreads than others I use
cunod
Apr 25 2011 at 18:21
97 posts
I joined finfx. I'm liking it so far. Got quick approval on the account with no issues what so ever. Back office area is rather basic. Only thing I seem to be missing is any type of list for a requotes, if they do requotes that is. Everything is instant minus a second in if something gags during the closeout of the order. Don't think I have seen a spread yet higher then 5.1. No FIFO restrictions and Hedging is allowed.
Technical Trader (jgnorton)
Aug 06 2011 at 03:50
9 posts
Oanda...Everything about them is simple.

You ain't so bad, you ain't so bad, you ain't nothing. C'mon Champ, hit me in the face! My mom hits harder than you!
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