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Broker needed for USA clients. Must allow hedging and participate in rebates.

statman
Jun 06 2012 at 19:33
23 ieraksti
How about those deposit and withdrawl fees that FinFx charges? Anyone find that annoying?

Sean (Seanblaque)
Jun 07 2012 at 02:41
34 ieraksti
how much are they charging for deposit and withdrawal fees?

#BaseHits Lead to Runs!!!
Noamtrader
Jun 07 2012 at 10:16
2 ieraksti
A few of my US mates and I trade with FX Choice and are very pleased with the service and to top it off we get a rebate through FX Rebate Central- worth checking out.

dlathrop
Jun 16 2012 at 09:46
33 ieraksti
I hedge and exit my trades in whichever order I like...

The CFTC does not allow hedging and U.S. brokers must abide by FIFO. However, a U.S. broker can technically take care of hedging and FIFO in their back office. This allows you to both hedge and exit trades in whatever order you'd like to on the actual MT4 platform. It's fully compliant with the NFA and CFTC.

There are risk-lovers and there are risk-haters, but the best traders will take the risk as long as they get paid for it.
PaxForexTrader
Jun 19 2012 at 06:21
8 ieraksti
My broker accept all client without additional questions. www.paxforex.com

TacticalFX (mkeysor)
Jun 20 2012 at 02:34
12 ieraksti

   dlathrop posted:
   I hedge and exit my trades in whichever order I like...

The CFTC does not allow hedging and U.S. brokers must abide by FIFO. However, a U.S. broker can technically take care of hedging and FIFO in their back office. This allows you to both hedge and exit trades in whatever order you'd like to on the actual MT4 platform. It's fully compliant with the NFA and CFTC.



dlathrop, which US broker do you trade with? That would be good information for all the US traders that are looking at this. I know FXDD does it in the backoffice, but that's the only one I know.

PayPip (PayPip)
Jun 20 2012 at 03:24
28 ieraksti
This is beyond hilarious, what exactly can't you hedge. If I buy a car I hedge that purchase with insurance. If I'm long AUD I can hedge it by going short NZD or by going Long USD or Short any commodity futures, hell Short S&P there are a thousand different scenarios you can do for practicably any trade. Quit being hung up on hedge the same pair lol 😕

dlathrop
Jun 20 2012 at 14:21
33 ieraksti

   mkeysor posted:
   

   dlathrop posted:
   I hedge and exit my trades in whichever order I like...

The CFTC does not allow hedging and U.S. brokers must abide by FIFO. However, a U.S. broker can technically take care of hedging and FIFO in their back office. This allows you to both hedge and exit trades in whatever order you'd like to on the actual MT4 platform. It's fully compliant with the NFA and CFTC.



dlathrop, which US broker do you trade with? That would be good information for all the US traders that are looking at this. I know FXDD does it in the backoffice, but that's the only one I know.


I trade through BeamFX. As you've said though, FXDD apparently does it now as well. I don't think it will be too long before more brokers jump on the bandwagon. I'm surprised most U.S. traders still don't know they can hedge and exit trades in whichever order they like. This has been around for months...

There are risk-lovers and there are risk-haters, but the best traders will take the risk as long as they get paid for it.
Forex430 (gelsi)
Jun 20 2012 at 14:46
26 ieraksti
ILQ is one that i know that does back office too.

MetaCoder
Jun 20 2012 at 19:10
126 ieraksti

   PaxForexTrader posted:
   My broker accept all client without additional questions. www.paxforex.com



You and your Broker are SCAM! PaxSCAM....

My recommended Broker
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