I really appreciate this thread. I’m in Canada and surprised to see a bit of talk about moving here because the situation is even worse here, at least for smaller retail investors. In the province of Alberta and maybe some other provinces (I think BC is bad too), unless you have income of $200,000 and financial assets of $1 mil or net worth of $5mil, you cannot trade Forex at all with local brokers. Thanks, nanny state. So I signed up for FxPro for a while, but they just dumped Canadian residents Mar 21, and are giving us until Apr 21 to close our positions. They gave some vague handwaving reasoning about focusing on their core markets but I suspect it might be government regulation garbage. So I plan to try the trusted brokers here. I value this thread but wish there was a larger pool of traders vetting brokers. Maybe this should be turned into a full website “offshore broker review” or something.
Q: How the heck in our western “free” world do we let our nanny and/or corrupt governments control us like this when doing legitimate activity, forcing us to scurry like criminal tax evaders to companies in postage stamp sized countries with shady maildrop addresses? A: We do not value freedom enough. A2: We need to have a Braveheart moment and petition and find some way to help our governments see the light CTFC and all of its similar tentacles in other countries. I am a polite Canadian so I suggest petition. I will leave it to the Americans to suggest more literal interpretations of Braveheart.