A certain Broker | Forex Factory

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A certain Broker

  • #1
  • First Post: Feb 6, 2010 1:06pm Feb 6, 2010 1:06pm
A certain broker that I would like to use dosent take u.s. clients for whatever reason. How does a broker verify that you actually "live" in the country you indicate when you fill out an application.
Annoying Precision
  • #2
  • Feb 6, 2010 1:22pm Feb 6, 2010 1:22pm
Every international broker I have used required notarized copies of my passport, utility bills proving address along with numerous other documents signed. I doubt you will get around it and if you did it would probably be fraud. Just my .02
  • #3
  • Feb 6, 2010 1:25pm Feb 6, 2010 1:25pm
That sucks. Whatsup with ODL securites actin cooterish and not taking u.s. clients

Quoting fxRichard
Every international broker I have used required notarized copies of my passport, utility bills proving address along with numerous other documents signed. I doubt you will get around it and if you did it would probably be fraud. Just my .02
Annoying Precision
  • #4
  • Feb 6, 2010 4:24pm Feb 6, 2010 4:24pm
Go ahead and try . Maybe you can get away with it. As long as your aware that you can never make a withdrawal.
  • #5
  • Feb 6, 2010 4:25pm Feb 6, 2010 4:25pm
I will, As long as you make the initial deposit......
Annoying Precision
  • #6
  • Feb 6, 2010 7:13pm Feb 6, 2010 7:13pm
Could it be that the reason is that some brokerages like ODL and FXPro offer CFD's which are illegal in the U.S?
  • #7
  • Last Post: Feb 7, 2010 5:52pm Feb 7, 2010 5:52pm
Quoting PipStar
Could it be that the reason is that some brokerages like ODL and FXPro offer CFD's which are illegal in the U.S?
Yes.
FxPro offers only cfd, so maybe they don't want to risk offering them to us clients.
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