U.S. Broker Choices (FXCM Orphan)

BJNN

Newbie
4 1
Typical conspiracy theory:devilish:... other large brokers like IB have not gone out of business!

the lowering of leverage to 1:50 for retail traders was implemented for a good reason! to reduce the "Gambling" nature of this game!
Without such regulations crazy leverage like 1:500 (n) would work to the benefit of brokers...
One can consider Exchange Traded Currency Futures , still get some leverage and all the advantage of being trading on an Exchange:smart:

IB is not accepting US forex traders, with some exception.

But basically, it is not a broker for normal US forex retails traders.
 
  • Like
Reactions: wackypete2

idht

Newbie
5 0
any hours of research, trying to figure out which broker I will go with. I find that there are 2 choices - Gain Capital/Forex.com or Oanda.
I have been with Oanda in the past, it was ok
Now forex.com is a path to trouble. I am their unhappy customer. God knows, I was patient. Developed scripts to work around their issues. But no, impossible to be successful with them. I posted some of my experiences here:
 
 
AdBlock Detected

We get it, advertisements are annoying!

But it's thanks to our sponsors that access to Trade2Win remains free for all. By viewing our ads you help us pay our bills, so please support the site and disable your AdBlocker.

I've Disabled AdBlock