What are the choices for USA resident to get broker that's honest (some how controlled) without NFA.
Due
What are the choices for USA resident to get broker that's honest (some how controlled) without NFA.
Due
Could give me a break...
Let's return to the time (just a yeare back), if NFA was going to put higher captial requirement, these guys said it is a fantastic thing to seperate these qualifiled player from non-qualifiled, and warning clients be aware of those below that figure. This thread is your focus at the time https://www.cliqforex.com/general-fo...exit-ergy.html
Currently, with the 20 million cap, forcing several sc retreating from US, only left several decent brokers, these guys are campaigning for the minority. A lot of threads emerge recently promoting Non-US or even Non-NFA brokers.
Some guys are really joking here.
U dont get the point. .
NFA dictatorship,with their senseless new rules, kicks some brokers AND a lot of traders out of the USA. What u call some respectable brokers they are the founders of this mafia like organised brokerNFA community....
Regardless of traders looking for non NFA controlled alternatives.
Welcome into the free world of company! UK and AUS are waiting for us!
Thanks for all your information. From what I read about NFA it's nothing good for traders and brokers so what's your purpose?
Nobody trusts no one. Traders want brokers to be regulated, brokers visit NFA since the regulatory body for the US market, NFA sets stricter and more rigorous requirements, brokers invest money to comply with them, it becomes more costly for traders, who want brokers to be regulated.
What goes around comes around.
GoMarkets at Australia will take US residents.
I personally find them great. Hassle free with very competitive spreads and have nanolot accounts.
Try googling your request, there are a few out there. Depends on your requirements and what will be comfortable with.
Good luck