If you search google you wills ee a lot of info about Forexyard being a scam. Stay away. Plus there are reputable firms or atleast firms with a lot of capital that are registered here in the US that also are registered with the FSA in the UK that will take US clients. FXCM is one of them. I do not trade with FXCM but they do take us clients. I would stay away from anything that says they are European but regulated in CYPRUS. You want the overseas firm to be atleast regualted by the NFA. Its like a firm advertising we are a North American broker regulated in Mexico, it just does not have the same big regulations.