IB No Longer Offers FX for U.S Retail Accounts?

Discussion in 'Forex' started by IAS_LLC, Jan 6, 2020.

  1. IAS_LLC

    IAS_LLC

    Never been a forex trader, but was looking to start dabbling....and I noticed that neither my IBKR IRA or Individual accounts seem to have forex trading permissions. Looking around a bit... I cant find any listing of the forex leverage offered, but did find an old thread here on ET that says levereged forex is no longer offered to U.S clients..... is this true?
     
  2. This drama is old news...
     
  3. IAS_LLC

    IAS_LLC

    Understand that, it's just new news to me because I wanted to start auto trading forex.... guess I probably won't.

    Is leveraged forex for U.S persons banned in general or just at IB?


     
  4. In general I believe but somehow IG is now involved in the US market, not sure what they're doing there.
     
  5. RedDuke

    RedDuke

    Just trade currency futures.
     
  6. IAS_LLC

    IAS_LLC

    I already do...just expanding my markets.
     
  7. brucepk

    brucepk

    any benefits to doing so?
     
  8. IAS_LLC

    IAS_LLC

    Leverage. CME . Full orderbook and no dealing desk...
    But the liquidity isn't quite the same.
     
  9. RedDuke

    RedDuke

    Well futures liquidity is adequate if you
    Trade 10s or even 100s of Millions on your account. If you are multi billion hedge fund, then yes, it might be a bit difficult. I doubt many on this forum operate billions.
     
  10. IAlwaysWin

    IAlwaysWin

    No, I'm from the USA and i trade Forex through ATC.
     
    #10     Jan 7, 2020