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View Full Version : Whos left? A list of U.S. forex brokers



kmikc1
09-22-2014, 10:25 AM
As we understand the u.s Foreign Exchange broker market is becoming smaller last week, so I put togther a list of retail Foreign Exchange broker that abandoned in the u.s.

FXCM
FOREX.COM
OANDA
MB TRADING.

The brokers ABOVE er to small, medium and large investors also look like MB TRADING is prime to get an FXCM take more than there Foreign Exchange divison because it's very little compare to there future business
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The brokers BELOW er to medium to large investors and require a much bigger deposit

CITIFX PRO
INTERACTIVE BROKERS
TRADESTATION FOREX
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elenamtnz
11-23-2021, 01:50 PM
what's the rogues gallery
my mistake....

Does nt leave much choice does it, yet the US is filled with major Banks and institutions
some might believe those in charge in the US do not want their citizens having the ability to trade the markets
https://www.cliqforex.com/attachments/1527779597.jpg

Juanjomisa
11-23-2021, 03:11 PM
There's also unregulated brokers. Trader's way seems to have a fantastic reputation

kmikc1
11-23-2021, 04:32 PM
ATC Brokers. I dont think they are just a IB for FXCM anymore and they have a UK website. They are nevertheless a IB for fxcm here from the u.s.

mbr_mili
11-23-2021, 05:52 PM
quoteimage You ought to be laughing at the fact that you exchange using a US broker

Yes, FXCM is surely accountable to the rule of law. The money that they make breaking it far surpasses the penalties. I'm convinced FXCM is in some politician's pocket. That's why I keep my money in my bank and only transfer what is required to exchange, which is 10 percent of what is required in america. I'm still just risking 2% per transaction. The only means the leverage law changes risk is by INCREASING IT by requiring individuals to have more money held within an unprotected US broker account. How EXACTLY does FXCM protect my funds? I just executed a transaction on GBYJPY to get .25 lots with a 40 pip stop. I'm risking 2%. I just moved $100 of my $5,000 forex account, which I keep in MY BANK from the US to my offshore broker. To do this using a US broker, I'd need $1,000 moved over. However, it's OK since the US shields my cash https://www.cliqforex.com/attachments/1527779598.png Sure hope I do not need to hedge the place or put in to it and want to close the latter commerce original https://www.cliqforex.com/attachments/1527779598.pngOh wait, I can do that.

Blankitave
11-23-2021, 07:13 PM
there's also unregulated overseas brokers. Trader's way seems to have a fantastic standing Traders way does have a great rep with some traders. But they have fees for withdrawals and deposits that I presume offset losses on their reduced spreads.

kmikc1
11-23-2021, 08:34 PM
The real question should be who is next in line for a takeover

chusa1965
11-23-2021, 09:55 PM
Citi and ATC, but who's the new player? I forget, one of those Japanese outfits.

Strikersipk
11-23-2021, 11:16 PM
Has anyone used Tradestation? I pleased except for the spread on GBPJPY and have been for 11 months using Oanda.

luisokbobt
11-24-2021, 12:36 AM
Phillip Futures is going to supply MT4 trading to USA customers soon. Reportedly...

http://www.phillipusa.com/

http://www.nfa.futures.org/basicnet/Details.aspx?entityid=pOOeW1yYlc8=rn=N

ammx171
11-24-2021, 01:57 AM
quote Traders way does have a fantastic rep with a few traders. But they have penalties for withdrawals and deposits that I assume offset losses on their low spreads. I believe they simply supply the quotes from their liquidity suppliers and charge commissions. I just looked and commissions charge based on what they are charged. It costs a lot of money to send money abroad.

FXCM charges quite substantial commissions on their transactions. Their spreads are also very low.

Blankitave
11-24-2021, 03:18 AM
If some U.S. traders have utilized Traders Way and filed income tax I would love to ask a few questions. Can be thru pvt message should you like. TIA

Miniiok25
11-24-2021, 04:39 AM
ATC Brokers. I dont believe they are just a IB for FXCM anymore and they have a UK site.