What's so difficult to understand... Companies inside U.S. law can not do it whereas companies outside of U.S. jurisdiction can do it. wrbtrader
I listed several brokers who are in the US, registered with US regulators and solicit US clients and allow withdrawals to PayPal. You are welcome to go to the broker websites to check for yourself. There is no US law that prohibits this. The exact wording by CFTC is as follows: "Money due to be paid out to customers by brokers must be kept in qualified US institutions or money centre countries". Hence the US entity of PayPal can accept withdrawals from any brokers that are licensed in the US. Clear and simple.
Did you list Forex companies ? They can just about do anything regardless to any laws anywhere...including in China. IB is a U.S. company...I believe. wrbtrader
Yes I listed fx firms.they are heavily regulated under US law and the CFTC. We talk about the US. Not China. For the purpose of withdrawals CFTC makes no difference whether the broker specializes in currencies or stocks or futures. Look it up. It's publicly available information. In fact leveraged fx trading is still allowed in the US, just leverage levels are much lower than previously and as a consequence many fx brokers exited the US. That IB does not permit leveraged fx trading for US clients with accounts less than 10mln is ALSO a company specific decision, not a law or regulation.
I'm a little confused... You saying that IB allows transfer to/from PayPal ??? Maybe you guys are debating about the reason why such is allowed or not allowed ??? wrbtrader
Keep in mind this is volpunter aka asiaprop aka Grulstmrnn aka who knows what else. He's a professional troll, as you can see from the chain here. The only thing to do with him really is get him fired up to the point he gets himself banned.....again. The guy's got some serious issues, to put it mildly.
Just to be clear that your post quoted me saying something that I think you intended to say. To answer you question, "Why knock a guy who is anti-Semitic, racist and homophobic? If that’s how he feels so be it." First, it's pretty incredible that anyone would require an answer to that stunningly obvious question but assuming you're not just trolling.... Those are utterly disgusting and reprehensible behaviors to all of us who aren't anti-Semitic, racist, and homophobic. No-one has the right to a platform to espouse those views, and we have no obligation to be subjected to it here. He wants to scream at his walls, feel free, so long as he doesn't disturb the neighbors. If he was an American (he's not) he'd be free to to Washington DC and scream it on the mall with all those who share his disgusting views. But none of us need to listen to it here, and more to the point its clearly pointless to engage in a good faith discussion with someone who lacks any and all good faith like this jackass.
When I saw that you replied thrice to your own post, I thought some screws were off in your head. Turns out you were replying to someone I ignored. Just 2 users on my ignore list. I must be good at spotting trolls. lol