One could try to get a custodial account. That helps.

FXCM and CEO Drew Niv banned from US market by CFTC

Thanks, I don't post too often, its true trading is best when bored. I'm sure Ronald is busy with his own devices, still one of the best imo. I know he and others had proposed setting up offshore entities, taking a paycheck from the entities, and ...

FXCM and CEO Drew Niv banned from US market by CFTC

It would be an exclusive fx spot broker and thus would not have to deal with the issues of IB.

FXCM and CEO Drew Niv banned from US market by CFTC

Certainly a market for a ECN spot broker in the US. With some start-up capital, time, decent lawyers, and the correct political backing, its a legit business model. Hhm, maybe I need to make a business plan...

FXCM and CEO Drew Niv banned from US market by CFTC

Are you referring to currency futures or fx spot? If spot, which brokers?

FXCM and CEO Drew Niv banned from US market by CFTC

Because of US regulatory capital requirements. Nobody has or wants to put up the required capital to start an honest ECN in the US. It's costly and a major headache.

FXCM Discussion

Oh, and I do smell some napalm depositions coming -- the subpoena power of most US courts is quite dramatic. For better or worse, that's the one thing about the US -- when evil rises, the lawyers feed blindly and without control.

FXCM and CEO Drew Niv banned from US market by CFTC

Pretty much...

FXCM and CEO Drew Niv banned from US market by CFTC

Agreed, it is all about the futures exchanges and their lobbying power. The larger, ahem, qualifying fx traders/entities stick with IB and then go outside US, legally. Another day, PT, another day.

FXCM and CEO Drew Niv banned from US market by CFTC

Gain is not necessarily that horrible of an option -- at least it discloses that it trades against you, which is not an issue I suspect for the vast majority of those here. I've been with MB, ATC, Tradestation (gain), Citi, fxcm, etc and under most ...

FXCM and CEO Drew Niv banned from US market by CFTC

One can always trade futures. My issue is that I have too much invested in mt4 code. I should have switched to something like ninja trader years ago.

FXCM and CEO Drew Niv banned from US market by CFTC

Yeah, but what do you think Leucadia is going to do.... Follow the money, its going to get ugly quickly, is my guess.

FXCM and CEO Drew Niv banned from US market by CFTC

That is not what fxcm represented to its clients.

FXCM and CEO Drew Niv banned from US market by CFTC

WOW. NDD routing orders to a secretly owned entity, e.g., self dealing.

FXCM and CEO Drew Niv banned from US market by CFTC

Hi Kahlil, Quick question: does the expert use the exact input range points to calculate factors, or is it using the actual detected range? And if it is the former, shouldn't it be the later (actual range). I'm just thing in terms of where one would ...

Trap Breaker

Was playing around with NU, which likes to break. Edit: deleted test as it was unrealistic.

Trap Breaker

Instead of trading the breaks, seems like the expert might have potential as a scalper within the range.

Trap Breaker

anyone looking to play audchf? Looks quite wound up and due for a runner

The Swamp

GU longs, have to pick bottoms and tops, endure losses, and then hold tight for high RR image

High Reward to Risk Trading

Short ECAD, looking for 1:5 image

High Reward to Risk Trading