Any 100:1 Brokers Left for US Citizens?

I just got an email from FXOpen saying the following:

Dear Client

On January 26, 2011, the Commodity Futures Trading Commission (“CFTC”) filed a Complaint against FXOpen Investments Inc. (“FXOpen”) in the United States District Court for the Northern District of Illinois (“District Court”). The Complaint alleges that FXOpen failed to register with the CFTC as a retail foreign exchange dealer prior to engaging in certain forex transactions, as is required by certain provisions of the Commodity Exchange Act and its Regulations.

FXOpen has consented to an Order of the District Court not to conduct such business regulated by the Commodity Exchange Act and its regulations, without properly registering with the CFTC.. This requires, among other things, that FXOpen liquidate your open positions and close your account.

Therefore, in 10 days (“Liquidation Date”), FXOpen will liquidate all open positions in your account at closing prices on the Liquidation Date as determined by FX Open’s current pricing platform, and immediately thereafter close your account, unless you liquidate your open positions and close your account prior to the Liquidation Date.https://mail.google.com/mail/images/cleardot.gif





For this reason I'm wondering if anyone knows of any brokers, especially those that offer MT4, that offer 100:1 leverage.

Even if you found one there is a good chance the same thing will happen again.

There is no broker (honest) that will stand against the CFTC.

All that is needed for them to cave is liquidity deal with US broker or bank. Which they would need sooner or later because of the amount of US residents looking for these kinds of brokers.

You will eventually have to trade at 50:1... you might as well start making plans to do so. It's either that or open an offshore business. But doing this puts you at much greater risk and increases your costs IMHO.