Don't rule out a U.S. broker with a wholly-owned subsidiary in another country. Consider FXCM (UK), for example.
FXCM (UK) is a wholly-owned subsidiary of FXCM (US), but they operate under FSA regulation in Britain, totally free of all the over-regulation of the NFA and CFTC here in the U.S.
FXCM (UK) allows scalping and hedging; they are not affected by the ridiculous new FIFO rules adopted by the CFTC; and they offer various account-types, including Micro and Standard Accounts.
For U.S. customers, account deposits and withdrawals are handled by FXCM (UK), and FXCM (US), in exactly the same way.
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