GFT for Canadians??

I was just informed that my account with GFT forex will be closed because i'm Canadian. Apparently new laws were passed. Can anyone shed some light on what i can do?. I have called a few Canadian 4X brokers and they're leverage is 50 - 1 and 33- 1 , which is no good..

I would really appreciate some insight from other Canadians, as to what you are doing or going to do.. what broker i can use, if any

Help Freaking out !!!

thanks

Thank the NFA. I can't move my US GFT account to GFT UK because my permanent residence is in the US. Your best bet is to look for a new US broker that will except Canadian residences. If that doesn't work, maybe look to open an account with a broker located in the UK or Australia.

Not sure your criteria for a broker..meaning do you want them to have CAD as deposit currency or not etc or your leverage requirements but ODL takes CAd as deposit and leverage is 100:1 for sure and maybe higher (not sure on that).

Also Activtrades will set you up with a USD based account but hedge you in the background at no spread cost.

BTW I am a Canadian and have gone through this as well. MBT would not accept me as a client.