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Originally Posted by maddox01a  Just took a look at Alpari UK's live account creation page and they clearly say the US private citizens can't oen accoutn with them.
The CFTC B.S. is a clear attempt at shutting down US citizens from retail Forex trading and I believe the investment banks are clearly behind this. So not only did we bail them out but they asked that the Gov shut door on ppl going to Forex trading.
Guess I better brush up on 'God Save the Queen' because if this thing becomes law... my family and I will strongly consider leaving the US. |
I checked a few of the offshore Forex brokers and none of them seemed to be taking US accounts anymore, AlpariUK, FxPro, FXCBS.
FXCM has there entire MT4 platform operating off their UK branch, and its still available, probably because the main accounts are being held in the US and only serviced through the UK. If the proposal goes through as mentioned and these accounts get blocked as well it will become really difficult, at least for the small accounts and the highly leveraged day trading.
? To gain access to an offshore broker would we need to establish an offshore company as mentioned, or just an offshore bank account? From what I read an offshore bank account is pretty easy to get, you just have to be there in person to open it.
As far as the politics (jsp), it seems this entire situation is politics. Your "truths" are no closer to the truth than any other opinion. I certainly didnt state my ideas as the "truth", only suspicions and questions, of which I'm sure we all have plenty.
After all, whats a forum for?