AxiTrader USA?

Any current AxiTrader clients hear anything about Axi opening up a brokerage in the US? I'm a US resident and think it would be great if there were a broker or two more over here. I just live chatted with them but didn't get too far.

Just read it here:
http://www.forexindustryinsider.com/...en-usa-branch/

Non-RFED...

Probably just going to be an ILQ white-label like most IBs these days. Still worthwhile, since they get to have a US presence and derive revenue from US clients now. Plus, with the egregious cost of running an RFED these days, the IB model likely makes more sense for their scenario, much cheaper to operate. Props to them!

ahh, okay that makes sense. No need to put up that $20 million or whatever it is for US brokers if an IB.