This is the typical behavior of all US brokers. All types of intervention techniques to make you lose. I've traded offshore for 3 years now and still can't, for the life of me, understand why anyone uses these brokers. The "tough" regulation does ...

OANDA Discussion

I don't use or need any bonuses. Yes, the bonus is a trick, it is simply tradeable as extra leverage. It will blow your account much quicker as well.

ProfiForex Broker Experience

If you are a US resident or citizen, you have two choices: 1. Enjoy the trading freedom as the rest of the world by trading with an offshore, unregulated broker. This is due to the US government not allowing us to trade with any other regulated ...

ProfiForex Broker Experience

I withdrawal weekly from TW. You cannot initiate a withdrawal on the weekend.

Card withdrawals down at Trader's Way?

I agree 100%. I have been trading with unregulated offshore brokers for 3 years. I actually used Profiforex for awhile until I found what better suited my needs. I can name atleast 5 of these brokers who I trust 100%, which I cannot say of any US ...

ProfiForex Broker Experience

May I add, I would love to trade with a regulated broker in the UK or Australia, where my funds are protected. But the good ole US(while claiming to protect me) doesn't allow it.

Need US broker for a large account

So true. I do have an edge, been profitable since 2010. The point I am trying to get across is simply when you are trading with a DD broker, even with an edge, you are at a major disadvantage. Their business model is for you to lose money and they ...

Need US broker for a large account

Another market maker, dealing desk that trades against you Jason Rogers openly admits in an earlier post, that they resort to dealing desk intervention to control risk. Any broker who is counter party to your trade loses money when you win. The ...

Need US broker for a large account

The funny thing is FXCM is probably the best of the US brokers. As I keep stating, you are much better off trading offshore, since these regulations do absolutely nothing to benefit you. By taking advantage of the lower margin requirements, you are ...

Need US broker for a large account

Yes, but for those on the DD model, that would mean you DO RESORT to the dealer intervention techniques. The bottom line is, if they really want to regulate forex in the best interest of the traders, as they pretend to do 1. Every broker would be ...

Need US broker for a large account

On the DD model used for Mini accounts, we will face market risk as a result of entering into trades with clients. Because of this risk, FXCM needs to implement certain restrictions during news events.^ Exactly my point. FXCM (DD), Forex.com, and ...

Need US broker for a large account

Couldn't agree more as far as traders blaming everything but themselves. However, the reality is, the choice of brokers in the US is nothing short of comical. I wouldn't trade with a US broker even if they reversed all of the recent "regulations". ...

Need US broker for a large account

The options are forex.com, FXCM and OANDA. All are counter party to your trades. Therefore, they will slip you, spike prices, freeze platforms , whatever they can to make you lose. If you can navigate through all this and become profitable, I have ...

Need US broker for a large account

As I explained in an earlier post, simply trade offshore. I have done so for over 3 years, tested several brokers and been exclusively with one for 18 months. Sure, they are not regulated, but the US regulations do absolutely nothing to protect the ...

SEC bans Broker-Dealers from retail forex transactions

According to the report, it will not change anything, except bring them new business from the likes of Interactive Brokers, TD Ameritrade, etc. The speculation is it's just the first step and the NFA and CFTC will follow suit and completely ...

SEC bans Broker-Dealers from retail forex transactions

So glad I've been trading offshore for 3 years. Did all the broker research, I have better spreads, execution and commission than anywhere in the US anyway. All 3 big brokers trade against you, hunt stops, freeze platforms, don't want to pay when ...

SEC bans Broker-Dealers from retail forex transactions

Who are you trading with that has a 7 pip spread? Mine is 1.8 + 0.8 commission. Total 2.6. This pair and GBPAUD are my money makers.

EUR/AUD

I agree, UK is the way to go. Which brings me to the point if US regulators were really concerned about US traders, they would allow us to trade with UK brokers. They don't. Why? Back to my original point...they do not want spot forex to exist in ...

Best Broker?

That hits it right on point. Leverage has nothing to do with risk. I can risk 2%, 3%, 10%, whatever with a 10 pip stop or a 1000 pip stop. The tighter the stop, the greater the leverage I can afford. Use a tight stop, Run the trade into profit, move ...

Best Broker?

The funny thing is, even if brokers in the US wanted to provide segregated accounts, the CFTC will not allow them to. The regulation in the US has one purpose.....to completely eliminated spot forex so that everyone will move back to futures. That's ...

Best Broker?