Seriously?Don't you think everyone would do that if possible?

FXCM Discussion

Thanks for the laugh. "Graduate" to other instruments? Why on earth would I want to trade other instruments which aren't nearly as profitable as forex? This is the exact problem with those that have bought into the if you can't do it with 20:1, ...

OANDA Discussion

Yes, that would be best. You clearly don't get it. If a broker offers 50:1, you need 2% for margin, if they offer 100:1, you need 1%, if they offer 200:1, you need 0.5 %. Get it? Of course, I do not use the full 500:1, otherwise I would be trading ...

OANDA Discussion

What ever leverage the broker offers determines the amount of margin required. You are kidding right? Leverage has nothing to do with risk, but absolutely the leverage offered by the broker determines the margin required. My TE clearly lists who I ...

OANDA Discussion

Every non Us broker offers 400:1 and 500:1 leverage. It's common knowledge, look at the ASIC regulated brokers, Dukascopy EU, Trader's Way, etc. There is a ton of them. Only the unregulated ones will accept US clients. Since US regulations offer ...

OANDA Discussion

Yep, only the US. They are "protecting" us.

OANDA Discussion

This is the most dead on statement I have read in a long time. If you research my previous posts, I was debating with a guy who claims to hold $300K in margin with FXCM to trade 3 million USDJPY. I told him I use an unregulated, offshore broker and ...

OANDA Discussion

This is exactly what I mean. The NFA does nothing to stop this abusive behavior. Just reduce leverage, that will fix it.

OANDA Discussion

OK, so I'll keep it under my mattress and then have a 2 step process of putting it in my bank and then transferring to broker. You're bringing up something completely irrelevant to the point. The rest of the world can trade forex with much less ...

FXCM Discussion

Actually, I am going to break this down so even simple minds get it. We have trader A and trader B, each has 500K in trading capital and each earns 20% per year, therefore each turns a profit of 100K. Trader A uses a US base, NFA regulated broker ...

FXCM Discussion

LOL. Actually make quite a substantial side income, bu that is not even relevant to the point. I still risk the same amount of my actual trading capital as I would using a low leverage US broker, the difference is the majority of my capital spends ...

FXCM Discussion

I pay taxes on forex every year, actually hold an accounting degree. As far as the BS about regulated brokers, that is exactly my point. The NFA claims they are "protecting" us but restrict us from trading with anything but US bucketshops. Theym ...

FXCM Discussion

Or trade with ANY OTHER BROKER in the world other than US and get a WAY BETTER DEAL

FXCM Discussion

Absolutely correct. The folks regulating us do not even comprehend the fact that leverage has nothing to do with risk.

FXCM Discussion

Come to the dark side. My leverage is still 500:1.

FXCM Discussion

Well you can start with a google search of FXCM fines or forex.com fines. Yeah, yeah ,they cleaned it up. If they weren't caught, they would be continuing the same practices. The main issue I have is with the regulations, the rest of the civilized ...

FXCM Discussion

My broker charges 1% + a $5 fee.

Need US broker for a large account

I withdrawal every week, no issues. Actually receive my money quicker than with a US broker. Go figure.

Need US broker for a large account

And the biggest one, in AU your funds are insured and you are provided 400:1 leverage. In the US they require us to deposit 8 times the money for the same exact trade and then on top of it don't protect the funds.

FXCM Discussion

I doubt any US trader will offer cTrader. Dealer manipulation is impossible on that platform, which doesn't fit US brokers model.

FXCM Discussion