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Spot FX Guide for US Residents


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  #1 (permalink)
rxtrade
Detroit MI/USA
 
Posts: 6 since Oct 2012
Thanks Given: 7
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Finding a decent FX broker that accepts US residents is a royal pain. Would it be possible to have a sticky that targets spot FX for US residents? Include the broker, exchange model (ECN, STP, etc), platforms available, etc. With contributions, I will keep this post updated as long as this thread stays alive.

Looking for an ECN/DMA broker that will accept a deposit of ~$20k and integrates with MultiCharts. What is everyone using nowadays? I'm also interested in brokers that support MODERN-looking tools that look nice and are intuitive.

FXCM
STP or ECN
MetaTrader 4

Alpari-US
STP or ECN
MetaTrader 4

MB Trading
EXN
MetaTrader 4

Thanks!


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  #3 (permalink)
 
treydog999's Avatar
 treydog999 
seoul, Korea
 
Experience: Intermediate
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Interested in the same thing. Sorry I have no information. But I was wondering if you found out anything since then?

I see dukascopy on the multicharts list, but i didnt find alpari-us where did you see that?


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  #4 (permalink)
rxtrade
Detroit MI/USA
 
Posts: 6 since Oct 2012
Thanks Given: 7
Thanks Received: 0


treydog999 View Post
Interested in the same thing. Sorry I have no information. But I was wondering if you found out anything since then?

I see dukascopy on the multicharts list, but i didnt find alpari-us where did you see that?

There doesn't appear to be any great FX brokers out there for US traders. For some crazy reason, the US government believed they were protecting us by limiting us to 2 or 3 US brokers with history of f*king over their customers. True ECN/DMA FX brokers are reserved only for institutions. Time to denounce residency and relocate to another country.


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Last Updated on December 16, 2012


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