Sure, but Fxpro, Plus500 and Pepperstone do not accept US residents as clients. His broker is located in the UK. There are a few that do accept US residents but his max leverage should be 50:1.
I'm UK and I get 200:1 FX and Index's with ICMarkets, why I'm with them, no idea if new clients can still get that mind. UK FXCM only gives 30:1 or maybe 20:1 for Index's so 10x's the cash required to trade at the level I do quite fine currently. 30K account to trade at $10 per pt hell no, haven't got 30K.
As i have said, max leverage allowed for US residents should be 50:1. His broker is located in the UK but OP is located in the USA. He said he has 200:1 leverage by a FCA regulated broker, that shouldn't be allowed.
Okay, If that's the case then he's got a Scam Broker!! Can't rule out he isn't in the UK and trading via Auss like I do mind. OP help us out here, more info required ??
Who doesn't to make sure they give you an account. How do you rate your experience, well never traded before, errrrr Very Good!!
All brokers require some kind of address/id verification so it would be tricky with any broker. Tricky, not impossible.
Doubt we'll ever get the truth or trust the truth if told, it shall remain 1 of lifes many mystery's ( B5 Quote )