Good forex broker that accepts US residents
FXTrader1983
Member Since Jul 01, 2015
46 posts
Aug 21 2018 at 10:35
Good day all! I currently trade through Pepperstone that is located in Australia. I have traded with this company for 4 years now. They have recently sent me a message saying that my accounts will be shut down because one of my directors is based out of the US. However my company is found in Dominica. How can this be that after all this time they are now saying this? Great question considering all the information that I have provided for them since the get go is the same information that they have now.
I'm looking for a brokerage that is much like Pepperstone. They have been a great company but it seems that there are so many out there, and furthermore, much harder to find one that accepts US clients. The reason I want this is because I enjoy having much more leverage but also very tight spreads.
Please let me know of any brokerages that fit these categories. Please and thank you!
I'm looking for a brokerage that is much like Pepperstone. They have been a great company but it seems that there are so many out there, and furthermore, much harder to find one that accepts US clients. The reason I want this is because I enjoy having much more leverage but also very tight spreads.
Please let me know of any brokerages that fit these categories. Please and thank you!
EddyEdgardo
Member Since Aug 21, 2018
11 posts
Aug 22 2018 at 06:32
If you are in the US then your options are quite limited. I think FXCM is probably the best of a bad bunch
Broker is a big deal when it is time to make sure a successful trading life, because the broker can affects the result of our trading with certainly, we the traders can choose a broker which is more appropriate to the concept of trading that will be used, if you love doing scalping should choose the broker which allows trading concept such as this.
finpro ,i'm with and very satisfied ,was with ic market before ,the best trading conditions i've got thus far along with ic market
nick123427@
jamesgwyther
Member Since Aug 05, 2017
289 posts
Aug 25 2018 at 09:55
You can use Hugosway
Professional4X
Member Since Jan 05, 2016
1189 posts
Aug 25 2018 at 23:20
Adribaasmet
Member Since Aug 27, 2017
897 posts
Aug 26 2018 at 06:17
Mohammadi posted:
Broker is a big deal when it is time to make sure a successful trading life, because the broker can affects the result of our trading with certainly, we the traders can choose a broker which is more appropriate to the concept of trading that will be used, if you love doing scalping should choose the broker which allows trading concept such as this.
So true, we need to focus on our specific trading requirements; but regulation is the 1st priority.
Try TurnkeyFX. Low commissions, good execution, high volume, low spreads, excellent customer service, based in London but unregulated so they can accept US customers, you can speak to live people on the phone, they response quickly to emails, and are highly rated on forex peace army.
@nick3232 mentioned finpro. I was also considering finpro until I learned they use TurnkeyFX's trading servers, and you pay more in commissions to Finpro, so I decided to cut out the middle man and go with Turnkey.
@nick3232 mentioned finpro. I was also considering finpro until I learned they use TurnkeyFX's trading servers, and you pay more in commissions to Finpro, so I decided to cut out the middle man and go with Turnkey.
Professional4X
Member Since Jan 05, 2016
1189 posts
Aug 26 2018 at 09:24
jtmays posted:
Try TurnkeyFX. Low commissions, good execution, high volume, low spreads, excellent customer service, based in London but unregulated so they can accept US customers, you can speak to live people on the phone, they response quickly to emails, and are highly rated on forex peace army.
@nick3232 mentioned finpro. I was also considering finpro until I learned they use TurnkeyFX's trading servers, and you pay more in commissions to Finpro, so I decided to cut out the middle man and go with Turnkey.
MORE HORRIBLE ADVICE.
DO NOT USE UNREGULATED BROKERS.
YOU WILL HAVE NO PROTECTION IF YOU DO.
And then of course there is this review about them (TurnkeyFX).

Always do your homework before using ANY brokerage.
If it looks too good to be true, it's probably a scam! Let the buyer beware.