lol, I was just thinking the same thing! At first I thought they were just joking around but I think they're actually serious! I imagine the authorities are satisfied they're making the right decisions, justification by the truck load looking at ...

US citizens won't be able to have forex accounts overseas

Ok, so now I understand the reasons behind your protests against this proposed reduction......you simply don't understand leverage, margin, and risk. It's not about how much money one has or doesn't have, I tried to point you in the right direction ...

US citizens won't be able to have forex accounts overseas

That's probably very true, I'm not sure why they even bother trying to convince the American public that it still is, it's not like they haven't noticed! I think they also want to channel it in the right direction. Introduce micro futures, narrow ...

US citizens won't be able to have forex accounts overseas

Ok, you're starting not to make sense now. If you're underfunded you can't use protecting funds as the reason for wanting 100:1! By definition underfunded means you don't have sufficient funds for your endeavour, how can you protect something which ...

US citizens won't be able to have forex accounts overseas

lol, yeah what was all that about, he seems to think UK is in Nigeria, kept calling me Nigerian! He was a strange one that's for sure!

Seeking Immediate Investor

Nope, not one example. The only excuse for 100:1 that I've seen so far (apart from fund protection) has been to enable underfunded 'traders' to try and make a fast buck, that's how brökers market this stuff to the gullible and supposedly one of the ...

US citizens won't be able to have forex accounts overseas

I forgot to mention it again as I mentioned it in a previous post on the other thread, sorry about that, I meant excluding protection of funds reasons. Going by the posts it doesn't seem safety of funds is the motive for wanting 100:1 though.

US citizens won't be able to have forex accounts overseas

Me, stay away? Nah, I love you guys! Oh I wasn't asking anyone to 'open up their private trading system or trade journals', I just wondered how you use 100:1, especially when it comes to risk management, all I was interested in was a simple ...

US citizens won't be able to have forex accounts overseas

I'm intrigued to know how you protesters use your 100:1 leverage, could you give a practical example of why you need 100:1 as opposed to say 10:1 or 5:1 and how you use such high leverage? I think you'll find that what you actually use in practical ...

US citizens won't be able to have forex accounts overseas

Where would they wire money to if foreign brokers weren't registered, a broker in some dodgy unregulated tax haven somewhere? No thank you! And if they are registered what would be the point of using a foreign broker anyway, it looks like the ...

US citizens won't be able to have forex accounts overseas

lol, I give up, seriously I do! Forexia, good trading to you!

US citizens won't be able to have forex accounts overseas

Probably no legal recourse, they can in effect quote and fill whatever they like, it will be in their customer agreement somewhere. If it was me I'd gather all the relevant information needed ie which brokers you're comparing against and respective ...

Broker Prints price - Advice

us citizens will no longer be able to have forex accounts overseas — No offence but your naivity and ignorance appears to know no bounds! What I said in the other thread (which I'm unable to post in for some reason??) was that some traders ...

US citizens won't be able to have forex accounts overseas

The wild-west retail forex industry is mostly responsible for it's own bad reputation, now it looks like their fun's over, the sheriff's in town! Mention trading retail forex to some traders and they'll laugh at you! Just look at some of the ...

US citizens won't be able to have forex accounts overseas

Good point, and apparently their first target is likely to be 50:1, perhaps they'll leave it there. Not forgetting that spot is OTC, maybe they think that needs compensating for with leverage reduced below exchange-traded instruments? But even at ...

US citizens won't be able to have forex accounts overseas

Ditto!

US citizens won't be able to have forex accounts overseas

lol No it's good, you present a coherent argument it's just I don't happen to agree with it (some of it is a bit 'out there' though ) Our lives are already controlled and restricted by legislation, agreed some of it is bureaucratic nonsense but ...

US citizens won't be able to have forex accounts overseas

Gosh there's just so much to reply to and to be honest I don't have the time, energy, interest, or inclination, sorry. But here's a bit to be getting on with..... It will be if you expect brokers to go out of their way to fight in the corner of the ...

US citizens won't be able to have forex accounts overseas

And I'm sure they want to keep it! My post needs to be taken in context, it was in reply to a comment Cocoflanel made. Anyway, $170m wouldn't last five minutes if they left themselves open to traders taking advantage of a flaw in their platform or ...

oanda & scalping

I hope that's true, I'm sure Oanda clients want to see Oanda remain solvent! But seeing as they manage exposure that really shouldn't be an issue unless, like the OP mentioned, someone tries to exploit their platform/price feed (ie latency).

oanda & scalping