Hello Quickly and Karl, Just curious. Why do Forex unregulated brokers require deposit in Crytpo and bitcoin? Just curious.

Hello Quickly; Still thinking about how "some" unregulated brokers perform. Is this an example of "possible" scenario? They have a few $million on the side, betting the Forex trader lose, then just keep taking their loss money So if trader A deposit ...

Good Evening Quickly; Thank you so much for your time and energy and making me understand. Yes, you are correct. I am not sure an unregulated broker will let me accumulate nearly $100K to $1million on an account and give me the payout. You are ...

Good Evening Karl, Thank you for the responding. I really appreciate your time, effort and energy and helping me understand and potentially avoid a mistake with unrealistic expectations. You offered some good comments. Thank you

Hello Quickly; Thank you for the response. No, I have never traded live forex before at all. The plan was to use 500:1 leverage and go for it on 1 highly recommended unregulated broker who allow US clients. Yes, that is a good idea. Deposit $1K in 3 ...

Hello Quickly, Just to make sure I understand you. When you state the hold the other side of my trade, what do you mean? For example, if I enter a 20 LOT EURUSD trade, with say cost of $5000, they will not execute the trade to the market?

Good Morning Quickly, Thank you. I really appreciate your help. Sorry let me explain a bit more. Yes, I trade ES and NQ futures market, intraday, where all trades have to be closed at 3pm central. Overnight margin is really high. I run algos on this ...

Hello Quickly; When you say trade futures, are you referring to CME Futures like ES and NQ, or are you referring to Forex currencies futures? I would like the ability to hold the trade over night with very cheap margins.

Hello Quickly, Can you please explain what you mean by " make their livings by letting people bet against them understand"? What do you mean by betting against them? If I trade with unregulated broker, I am betting against them? I do not understand. ...

Hello Quickly, Thank you for explaining to me. This is an educational discussion. I am very use to Futures market trading. I only come to Forex to run a no stop loss forex algo I created, 100% win rate. Futures intraday requires closing trades a ...

Hello KarlKraus; Maybe I am not understanding something. Why wouldn't the broker not pay me my profits I made from trading? The trades was from buyers and sellers in the Forex market correct? The profit is not coming from the broker pockets, correct? ...

Hello Quickly; Very interesting what you are saying Quickly. I am not understanding why they would not pay me the $100K or $1M of profits if those profits was made in the market where I traded between buyers and sellers on the EURUSD for profit or ...

Hello KarlKraus; I appreciate your comments. Question: 1. So what is the goal or purpose of these unregulated brokers in your opinion? The allow forex traders all over the world to trade on the broker, and any forex trader who is actually ...

Hello KarlKraus; Are you saying if I scale my account from $1K to $1M, the broker will not pay me the $1M?

[quote=KarlKraus;14917353]Rather than making millions that way, over a few years, you'd be better off developing a proper edge on futures, having your broker on your side and all the rest of it, /quote] Hello KarlKraus, To build an edge (with ...

Hello KarlKraus; Let me tell you my plans for better thoughtful conversation between you and I. I build algos in Futures market and I recently built one in the Forex market. The advantage of not using stops in Forex is really good. Just to be sure I ...

Hello Quickly, How are you doing today Quickly? I love this discussion. I wish we can sit in person for a chat over a meal. Thank you for trying to help. I trade CME NQ/ES futures. The intraday margins are $1000 per contract for NQ and $500 per ...

Thank you for the response KarlKraus, So what is your recommendation. USA brokers only offer 50:1 leverage. What other options do you recommend? Thank you,

Hello Quickly, Thank you so much for the help. Thank you for the response. AAFX, MidasFX, and N1CM seems to be the top referred. I am curious why you said trade futures instead. I think forex offer more leverage and another advantage of market being ...

Hello KarlKraus, Thank you so much for the help. I really appreciate your help and response.