US brokers absolutely DO NOT guarantee client funds.

Broker Discussion

Exactly. If you know how to trade, you should trade GBPJPY, GBPAUD, EURAUD, EURCAD, GBPCAD. All have tremendous ranges. Fuck those USD pairs, they aren't worth a shit.

Dragon Riders GBP/JPY

I have 1.1 spread. If you have higher you probably are trading with a market maker who is trading against you by holding the other side. In my opinion, nobody should trade with these brokers. Switch to an ECN/DMA broker where you pay a small ...

Dragon Riders GBP/JPY

Why would an Aussie use this broker? You have every top of the line regulated DMA/ECN broker in the world at your disposal. Why would you choose a shady, market maker who holds the other side of your trades? Wish I had your options!!!

OANDA Discussion

This is great. It's funny though how the things they make money on (Vegas, state lottery) nobody gives two shits where your money comes from. I can walk into a casino and put my life savings on black, nobody at the door asking where I got the money ...

Advice on Good Broker Based in US and Accepting US Clients

Absolutely correct, at least as bad, if not worse than FXCM. This is what irritates me about US regulation. They claim they are protecting the trader, but yet they allow firms like this to operate. Meanwhile, the truly solid regulated brokers of the ...

Advice on Good Broker Based in US and Accepting US Clients

Sorry for the confusion. When I refer to using 500:1 leverage, I thought I made it clearl only 10% of my capital is on deposit with the broker, so, in effect, I am only using 50:1 leverage. Difference is the remainder of my capital sits safely in my ...

Advice on Good Broker Based in US and Accepting US Clients

Great poker analogy. That is how I used to earn my income prior to the US taking that away. Now, unfortunately, they are attempting to do the same with forex.

5 years and still no strategy

Leverage has nothing to do with risk. I trade with a 500:1 offshore broker, so I keep 90% of my trading capital in my own bank not with broker. To use easy numbers, if I have $50,000 in trading capital, I only need to have $5,000 in my account to ...

5 years and still no strategy

No, only option is unregulated offshore brokers. Which, in my opinion are actually less risky. Reason is I can have a $5,000 account offshore with the trading power of a $50,000 US account due to the 500:1 leverage. The remaining $45,000 stays in my ...

Advice on Good Broker Based in US and Accepting US Clients

This is not available in the US. Your only options are market makers with inflated spreads. Regulations in the US also prohibit capital protection. There are many great brokers in the world providing these criteria, but as icing on the cake, US ...

Advice on Good Broker Based in US and Accepting US Clients

But they are not higher-yielding. Higher yielding are currencies whose interest rates are higher. The JPY and CHF are the two LOWEST yielding currencies. The dollar needed a correction and this is not a Trump fail. This is simply more media ...

USD/JPY Discussion

Sure, hedging is not allowed with US brokers.

USD/JPY Discussion

True, but they already require 20 times the margin just for one account, so now I would need 40 times the amount. I'll stick with my 500:1 broker with hedging allowed. I keep 90% of my actual trading capital safely in my FDIC insured bank and only ...

USD/JPY Discussion

Unless you're in the US and NOT using an offshore broker. Then, of course, in the land of the free, you do not have that option.

USD/JPY Discussion

Exactly, if you want to be transparent, put up an explorer. Otherwise, so true, brag when correct, silence when not.

USD/JPY Discussion

lol, yeah, the other one he said was "high-yielding"

USD/JPY Discussion