Which US based forex broker to go with?
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Thread: Which US based forex broker to go with?

  1. #1
    Closed my FXCM and now looking for new broker any hints.

  2. #2
    Quote Originally Posted by ;
    Thanks and I am afraid you are correct they seem to be the only game in town due to the idiotic regulations. I am also checking out Tradersway.con out of Dominic. They accept USA accounts My spider sense is a bit uncertain. I am still looking closed my account with FXCM and having my funds transfer to my business account. Stay in contact
    Hi,

    I'd like to set up a business account with all the FX brokers in US. On the other hand, the banks here refuse to open a business account for me because of the nature of my business has interest conflicts with them. I just read your post, it seems you've got a business account with the broke. Can you please let me where I could open a business bank account in US? Thank you.

  3. #3

  4. #4
    Quote Originally Posted by ;
    None.
    The RIGHT Response!


    Get MT5 at No Cost from AMP for futures trading and then connect that Exact Same MT5 platform to FX Choice in Belize. . .DONE!

  5. #5
    Why not go offshore? Much better trading requirements

  6. #6
    Offshore is Your best
    But.... What about the taxation man?

    Is a question in my head for Quite a While back

  7. #7
    Quote Originally Posted by ;
    Offshore is the best But.... What about the tax man? Is a question in my head for quite a while ago
    File an FBAR

  8. #8

    Thank you.

    Quote Originally Posted by ;
    Report of Foreign Bank and Financial Accounts (FBAR)
    when You Have a financial interest in or signature authority over a foreign exchange account, including a bank account, brokerage account, mutual fund, trust, or other Kind of foreign financial account, exceeding certain thresholds, the Bank Secrecy Act may require you to report the account annual to the Department of Treasury by electronically submitting a Financial Crimes Enforcement Network (FinCEN) 114, Report of Foreign Bank and Financial Accounts (FBAR)

  9. #9
    Quote Originally Posted by ;
    None.
    Yep.
    US fx brokers are the worst.

  10. #10

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