yeah I did I'm waiting for a response they don't have live chat. I got a response out of you much quicker I am curious what your thoughts are as to why they put the price close at 0.00000 in the journal? You have any idea? I can't think of any ...

Strange USD/CHF price movements

Banking is only part of it. I based my answers on forming an IBC in Belize, because there is no corporate tax, among many other good rules to start an IBC if you are a sole investor. The banking thing in Belize is more geared for the ultra rich and ...

no regulations stopping US residents from opening offshore accounts

There's more to it than that as I posted a few posts back. You have to maintain a foreign bank account in the name of the IBC, LLC or whatever. Which means you need two forms of risk capital. One to stick in a foreign bank to maintain and pay ...

no regulations stopping US residents from opening offshore accounts

LOL, I've been live... but I choose not to divulge live acct info.

Is high leverage really bad for traders?

Well what I offer here is a possible explanation why they think the way they do. (Chris and Barney). You have to realize where we have been in TBTF (too big to fail). First we have Enron, then Lehman, BearStearns, AIG and a slew of banks. Alot of ...

Tadawul FX (TDFX) Discussion

Now what?

Is high leverage really bad for traders?

Nope, CFTC and IRS are two entirely different entities. Fraud by making claims of vast wealth super easy and fast with no risk. EA's that perform well by backtest and sold without any forward testing. Fraud is fraud it doesn't matter how you achieve ...

Tadawul FX (TDFX) Discussion

Finding a USA partner (liquidity or otherwise) forces any broker to sign a "MOU" and thus wise they lose any US resident as a client due to CFTC influence. MOU = Memorandum of Understanding.

Tadawul Closing All USA Accounts

No, not closed doors... right out in the open as the CFTC had a comment period in which they received over 9000 comments from the general population, not to mention broker dealers themselves. ( The most recieved comments ever on any rule ...

Tadawul FX (TDFX) Discussion

I've heard of people doing it but my biggest problem with it is having to maintain a bank account in a foreign country with no deposit insurance. You have to maintain a bank account outside the US to be able to pull proceeds out of your forex ...

no regulations stopping US residents from opening offshore accounts

For the last time the rule is not based on CITIZENSHIP it is based on RESIDENCY. The USA believes if you lay your head at night within the borders of the box called the "STATES" you are a moron and need to be protected from yourself. The brokers who ...

no regulations stopping US residents from opening offshore accounts

Yeah and after that the CIA will be banging down doors via stealth drones to take you out by force. LOL

no regulations stopping US residents from opening offshore accounts

yeah ok, but don't trade big lots like that. You should start out with no more than dime lots or preferably penny lots if you can find a broker you like that has them. Yeah you should have a good sized degree of skill before you start trading live. ...

Is it good use high or low leverage as a beginner?

I really don't think Republican or Democrat or Independant will solve anything. Alot of this started via the FARM BILL under Bush and Frank/Dodd finnished it off more or less. Their ideas are mostly to get rid of fraud and reduce the amount of ...

Tadawul FX (TDFX) Discussion

I would almost bet it's tied to the access to liquidity... because when things get dicey such as the Greece situation firms often look to shore things up by getting additional liquidity. If the liquidity partner is associated or licensed through the ...

Tadawul FX (TDFX) Discussion

If the CFTC can get to TDFX they can get to anyone as TDFX is probably one of the largest or at least really fast growing. The others will just fall in line. The biggest reason is likely liquidity... they dangle that liquidity carrot over their head ...

no regulations stopping US residents from opening offshore accounts

I think leverage is a very pyschological thing. Some can use a high leverage to their advantage. They use restraint when it comes to opening various trades and merely use Leverage as a tool that it was originally meant to be. Others can't restrain ...

Is high leverage really bad for traders?

Yes, most likely so because for you to still have 36K left after a margin call clearly shows you are way, way over-leveraged. Usually a margin call only should happen when you have $0 left or close to it like $100 or something. While I know you said ...

Is it good use high or low leverage as a beginner?

I meant our currency hasn't ever been devalued to equal nothing... although some may argue it has already happened with printing press Ben on the job. LOL

Afraid of US government regulations