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Which Broker to choose for US resident?

HalleyFX
Jan 04 2016 at 08:45
83帖子
For US residents, I would definitely recommend the broker Tallinex.

I recently started a PAMM especially for US clients, due huge demand of people wanting their account to be managed by me.

BoneTrader
Jan 05 2016 at 07:30
35帖子
rahiths posted:
Welcome BoneTrader again looking forward to see new booster man😄


Hey, not sure it would be new Booster, due to specific requirements to US residents all brokers ask for the minimum of 2000$ deposit, I can not afford this amount to risk. :)

Regarding Tallinex - this broker is in offshore zone, meaning it is not regulated by any 'good' authority, so why should I open account with them when I can open one at regulated broker? For example FXCM, recommended couple of posts above is much better regulated broker with the same requirements and commissions.

I just want to know why Tallinex is that popular?

¡ŋ ђθς ş¡ģŋθ ұ¡ŋςəş /
wjwhite14
Jan 09 2016 at 18:36
1帖子
Oanda is the best in my opinion.

price_action
Jan 10 2016 at 10:59
11帖子

I have had accounts with FXCM,Forex.com and Oanda.

I like Oanda the best.


BoneTrader
Jan 12 2016 at 07:18
35帖子
@wjwhite14
@price_action

Thanks, I just gave a quick glance at OANDA and it looks pretty good and interesting for their free APIs. But I couldn't find their account descriptions, could you please link it for me? Thanks.

¡ŋ ђθς ş¡ģŋθ ұ¡ŋςəş /
price_action
Jan 13 2016 at 08:10
11帖子

BoneTrader,

I believe they just have one account type.

Trading on the FXTrade platform is performed in units, not lots. Thus, OANDA does not differentiate between standard, mini or micro accounts.

One unit is equal to one of the base currency in a currency pair. For example, one unit of USD/CHF is equal to one dollar and one unit of EUR/USD is equal to one Euro.

However, the MT4 platform does limit trade sizes in terms of lots:

1 lot = One standard lot = 100,000 units
0.1 = A mini lot = 10,000 units
0.01 = A micro lot = 1000 units

There are no minimum deposit required to trade with OANDA.

Spreads are variable and will widen during periods of volatility (such as news announcements) and during periods of low liquidity (such as off market hours).

You can review there spreads history at: https://fxtrade.oanda.com/why/spreads/recent

Hope this helps

BoneTrader
Jan 16 2016 at 17:33
35帖子
@price_action
Thanks! That definitely helps a lot.

¡ŋ ђθς ş¡ģŋθ ұ¡ŋςəş /
rob559
Jan 27 2016 at 18:57
1916帖子
HalleyFX posted:
For US residents, I would definitely recommend the broker Tallinex.

I recently started a PAMM especially for US clients, due huge demand of people wanting their account to be managed by me.


certainly a very good for us traders, this is my first choice

Garbriel21
Jan 28 2016 at 07:54
25帖子
I cannot reccommend LIVE account yet, but I have tried out some latency arbitrage trading on Vipro Markets (www.vipromarkets.com) and on LMAX feed it works very well. I am personally a Greek so you would have to check with them if they accept also Americans.

When I win I win small, when I loose I loose it all!
BoneTrader
Feb 02 2016 at 12:16
35帖子
@Garbriel21
What's the size of orders your dealing with? Is it always more then 1 full lot or less?

LMAX does not trade orders less then 1 lot, so if your are trading with less, it means your facing DD on the other side. Just FYI.

¡ŋ ђθς ş¡ģŋθ ұ¡ŋςəş /
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