Disliked{quote} Been with them since July. Best broker I've traded with in my five years trading. Commission a bit high, but spreads are tight, true STP, I've watched price go within .001 of my stop and not hit several times. Wire transfers over $500 are free, I've made three withdrawals, last one was processed same day and hit my bank next day. Those who worry about regulation make no sense to me, our funds are not protected whatsoever with a US based "regulated" broker,but yet they want me to put 10 times the money in for margin to execute the same size...Ignored
So now as long as you can get around the Dodd-Frank rule that forbids US citizens from investing abroad, then yeah it is absolutely advantageous for a US citizen to trade with a reputable, trustworthy un-regulated foreign broker.
Make your losses in demo. Earn your profits live.