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Why is FIFO used by some brokers? 12 replies

what happens with stoplosses at FIFO brokers? 1 reply

Need a 5 decimal 500:1 MICRO mt4 broker who is happy with scalping/hedging/ea clients 21 replies

Help me to make a list of brokers that allow hedging in the same account! 11 replies

Attachments: List of Brokers taking U.S. Clients with hedging, scalping and no FIFO
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List of Brokers taking U.S. Clients with hedging, scalping and no FIFO

Quoting Rustlers
I currently use: Tradersway, ForexBrokerInc, and Finfx...all are offshore and good for BJF arbitrage software.
ForexBrokerInc, has moved to FX Choice
Quoting Phantom5000
{quote} ForexBrokerInc, has moved to FX Choice
How do you know this. I too have FBInc and they tell me it is not so. Also FXChoice says it is not so.
They were trying to do it quietly, and this thread just announced it to the CFTC...
this is why Tallinex is no longer an option, because you guys keep offering up new targets...
As I am an amateur Forex trader, I was searching for differences between Forex accounts in Forex brokerage. Some brokers has not Islamic account or swap free but some others has got these type of accounts. What are the benefits of a swap free account in compare with a no swap free account?
It is official this morning. ForexBroker has merged with FX Choice.
Quoting keysharp
It is official this morning. ForexBroker has merged with FX Choice.
Lets hope that everything goes well .. do they accept traders from US too?
Quoting jollypk
{quote} Lets hope that everything goes well .. do they accept traders from US too?
Yes they do.
Quoting carolscott
As I am an amateur Forex trader, I was searching for differences between Forex accounts in Forex brokerage. Some brokers has not Islamic account or swap free but some others has got these type of accounts. What are the benefits of a swap free account in compare with a no swap free account?
Swap is the interest you pay when you hold a position more than a day,every day you pay interest or you get paid some interest if one of the pairs had big interest rate,like AUD/USD.
On the other pairs,most likely you will pay instead of being paid.

Islamic accounts are for Muslim people.In their religion is not allowed to pay interest.

Hope it helps.
Quoting RickJames300
They were trying to do it quietly, and this thread just announced it to the CFTC... this is why Tallinex is no longer an option, because you guys keep offering up new targets...
im a current client they said it don't effect me but they have now stop taking new u.s. clients
Quoting xtrader101
{quote} Regulated by whom? Did you u even bother to ask their license number, so you can verify it in the regulatory body if indeed they are? Asking is the first step, verification second.
That is what I found about FX Choice:
FX Choice Limited is authorized and regulated by the IFSC (Licence number: IFSC/60/191/TS/12)
FX Choice Limited registration number: 105,968

Regulation Authority link: IFSC.com

I can't vouch for them though, since I didn't trade with them yet.
What Brokers do the traders from the USA have theses days?
" Liver alone,,,Cheese my Seester "
Quoting max value
What Brokers do the traders from the USA have theses days?
You can go with FXCM lol Just kidding. You are limited so much my fellow american..
Quoting thepiphunter
{quote} You can go with FXCM lol Just kidding. You are limited so much my fellow american..
We may not be limited much longer. Donald Trump says he will get rid of the Dodd-Frank law. I guess it really depends if Trump can fight through the democrats and liberal nutjob activists judges. If he can get past them, then Trump will eliminate Dodd-Frank.
"Dream big and dare to fail." - Norman Vaughan
Quoting Ace_1
{quote} We may not be limited much longer. Donald Trump says he will get rid of the Dodd-Frank law. I guess it really depends if Trump can fight through the democrats and liberal nutjob activists judges. If he can get past them, then Trump will eliminate Dodd-Frank.
Dodd-Frank isn't the problem. The CFTC wants to abolish retail forex in the USA. They are the ones that need to be controlled.
Quoting pipmaster77
{quote} Dodd-Frank isn't the problem. The CFTC wants to abolish retail forex in the USA. They are the ones that need to be controlled.
No.. Dodd-Frank IS THE REASON why the US retail FX industry has been destroyed.

Dodd-Frank has to be scuttled...and fast!
Not syong Dodd-Frank is not an isue. However, even if completely abolished, there still remains 50:1, no hedging, FIFO and only 2 options as far as US brokers. Eliminating Dodd-Frank will not change any of that.
Quoting pipmaster77
Not syong Dodd-Frank is not an isue. However, even if completely abolished, there still remains 50:1, no hedging, FIFO and only 2 options as far as US brokers. Eliminating Dodd-Frank will not change any of that.
FATCA is the reason foreign brokers won't accept US citizens, though
Quoting COGnizant
{quote} No.. Dodd-Frank IS THE REASON why the US retail FX industry has been destroyed. Dodd-Frank has to be scuttled...and fast!
So our FX trading environment improves but then we have to bail out the banks AGAIN because of greedy Wall St. con artists? That doesn't sound like a viable trade off.
Quoting styles20001
{quote} So our FX trading environment improves but then we have to bail out the banks AGAIN because of greedy Wall St. con artists? That doesn't sound like a viable trade off.
styles2001,

The Dodd-Frank law has been a total JOKE! It hasn't done anything of significance since being implemented. It has left Americans with less freedom, less prosperity and a less stable future. It now has been about 7 years since the Dodd-Frank law was created, and since then the fact is that the big banks are bigger, the small banks are fewer and the economy remains moribund.

As I said, Dodd-Frank is a joke and we need to get rid of it (just as with the majority of the ridiculous laws created - as well as any laws twisted to fit the liberal's sick agenda - during Obama's regime during the past 8 years).
"Dream big and dare to fail." - Norman Vaughan
Quoting Ace_1
{quote} We may not be limited much longer. Donald Trump says he will get rid of the Dodd-Frank law. I guess it really depends if Trump can fight through the democrats and liberal nutjob activists judges. If he can get past them, then Trump will eliminate Dodd-Frank.
I like Trump and I hope he will provide you with more options and don't restrict you like now. Best wishes!
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