Brokers for US Clients Brokers for US Clients Below is a list of Forex Brokers us friendly forex brokers currently accept Clients that reside in the U. As of recent this list has been getting smaller and smaller, further to recent legislation imposed by U. CFTC, however there still remain some Brokers who have stood tall and continue, for now, to accept U.
Risk Disclaimer: Trading foreign exchange on margin carries a high level of risk, and may not be suitable for all investors. The high degree of leverage can work against you as well as for you. Before deciding to trade foreign exchange you should carefully consider your investment objectives, level of experience, and risk appetite. IFC Markets: CySEC RegulatedEXNESS: low spreads – just excellent!
Here you will find Forex brokers that are allowed to deal with the currency traders from the United States of America. You are US resident, so only this category of companies will offer live trading to you. You are planning a move to US and would not want to change brokers when it happens. United States at home and abroad. This includes investments and proceeds of trading activities in brokerage accounts held outside the shores of the United States. In order to avoid having complications with the IRS as regards the business concerns of their branches in the US, many forex brokers have stopped accepting business from United States citizens.
The situation has been further compounded by the implementation of the new margin requirements for all US trading accounts. United States to implement a maximum leverage of 1:20 for forex accounts and 1:5 for options trading accounts. One that is opened with a broker domiciled in the United States. A forex account that is configured to trade with a maximum leverage of 1:20. A forex account that is subject to the relevant taxation under the provisions of the extant tax laws. In order to make your account a US-friendly forex account, you would need to open a forex account with a broker who has offices in the US and who can accept your forex application.
The Tax ID number will ensure your profits are taxed by the IRS. Once your account is opened, you need to decide if you have the financial muscle to withstand the leverage and margin requirements as directed by the CFTC. Micro account, where the minimum trade contract is 0. Mini account where the minimum trade contract is 0.
10,000 and restrict his trading to 0. 1 lots to a maximum of 1 lot. Many retail traders will not have access to such large sums of money, so the mini and micro lot accounts will be the way to go for this category of traders in order to make their accounts US-friendly forex accounts. Have you Tried Binary Options Trading Yet? Binary Options trading is one of the newest forms of trading to hit the markets. Binary options allows you to trade currencies, stocks or indices with fixed odds.
Trade only with money you can afford to lose and talk to an expert before starting trading. We cannot be held responsible for your losses. Brokers for US Clients Brokers for US Clients Below is a list of Forex Brokers which currently accept Clients that reside in the U. As of recent this list has been getting smaller and smaller, further to recent legislation imposed by U. CFTC, however there still remain some Brokers who have stood tall and continue, for now, to accept U. Risk Disclaimer: Trading foreign exchange on margin carries a high level of risk, and may not be suitable for all investors.