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- MarkMcCoskey replied Dec 10, 2012
GFT’s ‘exit’ from retail forex US market – the real story
- MarkMcCoskey replied Dec 6, 2012
I withdrew my funds from GFT Tuesday evening, that was 2 days after the initial announcement. I did this after speaking with customer support, and he was in the dark as much as I, so... I joined FXCM this afternoon. I've noticed that their community ...
- MarkMcCoskey replied Dec 5, 2012
Yes! I learned about FinFX and FXchoice over at BabyPips - Going offshore to escape the CFTC. I also learned that I can move offshore, something I've been contemplating for awhile. The thought of living in a slow paced beach or island community ...
- MarkMcCoskey replied Dec 3, 2012
I see Clint's updated list is down to 30 brokers. I assume it is just a matter of time before there are even fewer. So I guess that leaves opening an offshore LLC as the best option. It sounds like the creation of such an entity is fairly easy and ...
- MarkMcCoskey replied Dec 3, 2012
Looks like this thread has gone dormant. I've been trading with GFT here in the US, and they have just announced that they are leaving the retail forex US market. It was suggested to me by an acquaintance that I open an offshore LLC and trading ...
- MarkMcCoskey replied Dec 3, 2012
I've been trading with GFT here in the US. They announced yesterday that they will no longer continue retail forex for US clients. It was suggested to me by an acquaintance that I look into establishing an offshore LLC (BVI) and opening up a foreign ...
- MarkMcCoskey replied Dec 3, 2012
I find this interesting. When I originally entered trading, it was in 2008 with Thinkorswim. When it came to tax time, my printed statement had GFT's url on it. I exited the market in 2009, and Think or swim was bought by TD Ameritrade. I reentered ...
- MarkMcCoskey replied Dec 3, 2012
I discovered that when I tried to open 2 positions last night. Neither took, so I called in. I was told that GFT was pulling out of the US market and my account would be transferred to another broker, but he did not know who the broker was. Suppose ...
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