Best Broker for U.S. Retail Traders?

Discussion in 'Forex Brokers' started by lentus, Jul 16, 2019.

  1. lentus

    lentus

    Please include reasons.
     
    murray t turtle likes this.
  2. Robert Morse

    Robert Morse Sponsor

    You put this in the FOREX forum. Are you only interested in the "Best Broker for U.S. Retail Traders" for FOREX?
    SEC brokers dealers can't offer retail FOREX.
     
    murray t turtle likes this.
  3. lentus

    lentus

    Yes. So forex.com and oanda are operating illegally in USA? What are you saying exactly? ;) And they have little to do with SEC, they're regulated by NFA and CFTC.
     
  4. Robert Morse

    Robert Morse Sponsor

    They are not SEC broker-dealers.
     
  5. How about IB? IB offers Forex trading.
     
    lentus likes this.
  6. MattZ

    MattZ Sponsor

  7. bbpp

    bbpp

    IB requires 10M to trade forex.
    Get a offshare broker like Coinexx, FXbrew,with 500:1 leverage and 0.02pip spread(on euro).
    They are not regulated but many traders traded them for years with no problem.
    If you are limited to regulated US forex brokers,you are going to tolerate low leverage and higher trading cost.
     
  8. MattZ

    MattZ Sponsor

    Did You personally trade them to see how they handle quotes, requotes, SWAP rates, slippage and price spike and above all Withdrawl policies? When you say "Many Traders" do you know their personal experience?

    In both the USA and many countries in Europe (Under ESMA) the regulators have lowered leverage to avoid situations that we had with the Swiss Franc where many had negative balances that many experienced.
     
    murray t turtle and GregorySG9 like this.
  9. %%
    Click ;
    ''brokers'' @ the top of this page:cool::cool:
     
    lentus likes this.
  10. lentus

    lentus

    Did I ask for SEC broker-dealers?
     
    #10     Jul 17, 2019