Regulated broker for US residents with Hedging.
Nov 17, 2019 at 06:31
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6 Replies
Member Since Jan 05, 2016
1189 posts
Nov 17, 2019 at 08:55
JForex78 posted:
Hi guys,
Is there a regulated broker for US residents, that also allows Hedging?
And preferably ECN?
I am trading with FX Choice. But I have concerns because its not regulated in UK, or Australia.
Hedging is not permitted for US Residents.
If it looks too good to be true, it's probably a scam! Let the buyer beware.
Nov 17, 2019 at 17:00
Professional4X posted:
Hedging is not permitted for US Residents.
I know.
But FXChoice does allow US residents, and hedging also.
But my concern is its not regulated so my capital may be at risk with them.
So my question is what other brokers allow it, preferably Regulated.
Nov 18, 2019 at 00:07
MattKoola posted:
Forex.com, Oanda, Interactive brokers, TD Ameritrade. These are horrible choices, but unfortunately these are the only options you have :(
Thanks @MattKoola
I dont see your country in your profile. Assuming you are in the US, what do you use?
The problem is just not hedging - its FIFO restriction also.
If we use copy signals, many signals do hedging. So no go with US brokers.
And, if we have multiple signals, FIFO will not let them close out positions.
Horrible.
Member Since Jan 05, 2016
1189 posts
Nov 18, 2019 at 00:39
MattKoola posted:
Forex.com, Oanda, Interactive brokers, TD Ameritrade. These are horrible choices, but unfortunately these are the only options you have :(
Those brokerages you listed will not work for the original posters needs.
US Brokers do not allow Hedging due to regulatory restrictions.
If it looks too good to be true, it's probably a scam! Let the buyer beware.
Jan 25, 2020 at 16:14
I am highly doubt that such broker do exists anyway since you asking this question in the first place. Do you? How do you think it is possible to go against regulation or something like that totally and completely anyway. Where we need to fight with such?
Periwield
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