Broker for Non US Citizens living in USA

do they have to obey this 1:50 leverage? or they can open an account from non us companies? which will atleat give 1:100 leverage?

if so which one do you recommend?

thanks in advance

If you have a government ID and address in another country, you can use that to open any account you wish.

so its ok if i dont live there for the whole year? how about paying taxes? for which country i will pay taxes?

Some brokers would ask for a recent (within 6 months) utility bill, credit card statement, bank statement, or similar as a verification of your address. Other brokers just check the address on your ID. It doesn't really matter if you're still living there or not. If you have the credentials, use 'em.

I can't help you with taxes.

It has nothing to do with citizenship only residency. If you have a home outside US you could just use that address for your trading activity. Some brokers are throwing Citizenship in there because the rule book would tire most astute lawyer teams out and so they just throw that in there for good measure.

All brokerages require is normal ID paper work, address of residence and a Utility bill in your name with the address on it.

Why this is all it takes is beyond me... we live in a global world but yet the CFTC thinks they can impose certain restrictions from inside a fish bowl.

The powers that be tried to do this with on line gambling and it's turned into a multiple billion dollar a year industry.

The powers that be tried this with Alcohol (Prohibition) many moons ago... look how that turned out.

The powers that be are trying in vain to not legalize mary-jane and all her friends... Just look at the mess south of the Mex-US border.

Sounds to me they have their hands full eh? Well we're not gonna take it either!

Prohibition didn't work due to massive mafia/syndicated crime support.
Probably same for the gambling industry?

FX is a completely different animal. It is the worldwide banking cartel that is driving or allowing this regardless of who the public face is. Don't bother pulling your underwear up, they are nowhere even close to being finished.

99% require for POR(poof of residence) to be <6mnth.

are you a diplomat?
If you live in the us full time year around, technically you pay us taxes and live under us law as a us resident. resident and citizen isn't 100% the same thing.

Well FX has had it's fair share of criminal activity and a good part of the reason for the oversight and regulatory bodies stepping in.

Not really. It's prohibiting someone from doing something they want to do. If it was the entire banking cartel {world wide} then we would likely be in a cave somewhere looking for gold for them. lol.

It's very true the videos you show, but forex is just merely the exchange rate of money. It has existed in some fashion since the monetary system was developed and free trade established. I don't think the banks are the ones behind this push to leverage reduction.

They may be partly responsible because of the Liquidity crunch and the financial asteroid headed this way in 2012 with some $5 Tril worth of debt due to be rolled over. Could make 2008 look like a picnic if credit markets freeze up. So, certainly more than one scenario and maybe a combination of all of them wrapped together. Money makes otherwise nice people do crazy and foolish things.

Nowhere close to being finished... yes I know that as well. It's a fight between the middle class and the rich elite. We vote out the special interest "oil" group and get the special interest "financial" group. Oh the humanity!

We can put a further spin on where this is headed... a days wage for a loaf of bread? If you have only even a slight belief in God the signs are all around. Everything is perfectly set up... all we got is Tick~Tock.

Plenty to think about.....

ON YOUR MARK, GET SET, PRINT $$$ MONEY $$$!!!!

http://www.marketwatch.com/story/qua...5?pagenumber=2


Once the hangover wears off, inflation will poke out his ugly head.

By then this party will be banging.