Not sure how leverage makes a broker unfair. I trade with a high leverage broker simply for the fact I am able to keep most of my forex capital in my own FDIC insured bank account. Risk has nothing to do with leverage, if I am precise with my entry ...

Reality of FOREX: my experience with brokers + share yours

I'm just not clear on what everyone's issue is with this guy. US traders (who do not trade offshore) are stuck with FXCM, Oanda, and Forex.com. We are fooled to believe because they are "regulated" by the NFA, they are good brokers. This guy is ...

Breaking News: CFTC charges FXCM with undercapitalization

This is exactly what DS is trying to show. All brokers do this and traders have grown to accept it. Look at all the poor souls trading at FXCM, Oanda and Forex.com. All the shit they do and get away with and people keep trading there. By the way, ...

FXCM Discussion

It makes me laugh my ass off how FXCM claims they are a good broker playing by the rules. They have been fined so many times for numerous things. They come on here acting like they have the trader's best interest like we are a bunch of idiots.

FXCM Discussion

And trading with a US NFA/CFTC regulated broker benefits me how exactly? Is it the fact that I need to deposit 10 times more money for margin to execute the same size trades? or maybe not being allowed to hedge or having to close positions in a ...

Choose your broker wisely

Easy. They are regulated by the NFA/CFTC.

FXCM Discussion

Been offshore for 3 years. In addition to higher leverage, no FIFO and the ability to hedge, I actually trust my broker is DMA/ECN as I have watched my trades come within .001 of stops numerous times and not hit, I have no freezing platforms, no ...

Reality of FOREX: my experience with brokers + share yours

I just do not understand why someone from Germany would trade with Oanda. There are so many DMA/ECN options available to you. You can chose any UK regulated broker, in my opinion, the best in the world. I feel the US broker options are so ...

OANDA Discussion

What risk? 80% of my capital is in my own bank as opposed to 100% being with a US "regulated" broker. The risk is being with a US broker. The"minimum standards of financial responsibility and transparency set by a government regulator" does nothing ...

FXCM Discussion

It's actually quite simple. Let's use round numbers for simplicity. I have $25,000 to trade forex with. In the US, I need to deposit the entire $25,000 for margin to execute the size trades I want. By trading offshore, I keep $20K in my FDIC insured ...

FXCM Discussion

Well, if you trade anything but USD crosses, there is absolutely no volume. You cannot scalp, not even sure what the shortest time you may be in a trade is. I prefer the flexibility of many instruments and moving in and out however I wish, whether ...

Reality of FOREX: my experience with brokers + share yours

Insured funds??? roflmaoIronically, these wonderful regulations which require us to deposit 10 times more than the rest of the world because they feel leverage hurts us, do nothing to protect our funds. If a US broker goes ...

FXCM Discussion

Being a resident of the US, I trade offshore with Trader's Way. I know there will be several in disagreement due to them not being regulated. However, I've been there 3 years and have never had a frozen platform or random price spike not found ...

Reality of FOREX: my experience with brokers + share yours

FXCM

Reality of FOREX: my experience with brokers + share yours

Wow, you haven't bothered me in over 10 days and there I am popping up in your post. Now, may I ask, what have I done to be labeled a fraud?

Dragon Riders GBP/JPY

Wow, had not thought of that, but it actually makes the most sense.

Breaking News: CFTC charges FXCM with undercapitalization

Yes, very true. However, I do not have an issue with the banks doing it. I have an issue with the broker having the conflict of interest with me while they are the ones controlling the software. We already know it's a manipulated game, but it can ...

Breaking News: CFTC charges FXCM with undercapitalization

Well there are only two others left, they drove every one else away. Oanda and Forex.com were not under capitalized because they made a killing that day. They made all the money their customers lost. Then tried to look like the "good guys" by ...

Breaking News: CFTC charges FXCM with undercapitalization

Now I am far from an FXCM fan, however this only further demonstrates what morons are regulating this industry in the US. FXCM was temporarily undercapitalized due to their NDD model, while the thieves at Oanda and Forex.com profited on that very ...

Breaking News: CFTC charges FXCM with undercapitalization

Describes every broker in the USA under CFTC "regulation"

Dragon Riders GBP/JPY