Your link is to an old PDF on the website. Your PDF is dated 1-10-2017. The numbering has been corrected on the file dated 3-8-17 at “List of Licensees” on the VFSC website. The missing “fin” name is “Finnovative Technology Limited”. There are now 345 licensees. Interesting thing is the pdf License Anniversity Date for Capital City Markets on one pdf is 16-Jan, and in the other it is 30-Aug.
Capital City Markets’ website was registered on 21-Nov-2017. Do a google “whois” search on capitalcitymarkets dot com.
Also, do a google search on their phone number. you will find other websites sharing that same number like peterscasino dot com.
Finally a whois ip search shows a registrant in Germany: look at ipaddress dot com for capitalcitymarkets dot com. I am not making any judgements, Just reporting “the facts ma’am, just the facts”.
As a new respondent I am not allowed to include URL links in my post.
Wait wait wait hold up here did you just call clint a ma’am on your first post to babypips? Dude you got balls of steel. Not very bright but but guess you got to start somewhere
Usually in the English language, when a phrase is put in quotes “”, it is being taken from somewhere else. There is no direct reference to Clint. The phrase “the facts ma’am, just the facts” is a parody of Dragnet. Goggle that and you will educate yourself.
You guys are good! – I want both of you on my [B]Due Diligence Strike Force[/B].
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[B][I]Trial,[/I][/B] welcome to the forum, and welcome to this thread! Thanks for the info you provided. Please stay around and contribute to this little offshore project of ours – we need people like you.
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[I][B]Ace,[/B][/I] your info on the CCM back-office is correct. I had it confirmed by another source that Tallinex coordinated with CCM to make their back-office functions mesh perfectly.
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[I][B]Bob,[/B][/I] my man, you need to spend more time watching syndicated reruns.
• I’m learning some things about East Assets Plc (which Moe referred to, in his post #4011).
You conspiracy theorists are going to be disappointed. More on that later.
• I have it on good authority that there is no affiliation between CCM and Tallinex. One is not the parent of the other; they are not subsidiaries of the same parent company; and they are not involved in any sort of partnership or joint venture.
Tallinex was looking to sell their U.S./Canadian retail book, and CCM was looking to buy. They worked together to do the deal. Beyond that, they are not linked to each other.
• I still need more definitive information on CCM spreads.
I’m looking for [I][U]average spreads[/U] for EUR/USD and GBP/JPY in the CCM [U]micro account[/U].[/I]
• I need to update the links in post #7, and add CCM to that listing.
Alrighty! Haven’t seen that much reviews about TradeWiseFx, so I’m gonna write one.
So far so good, the spreads are around 3-8 for EUR/USD, GBP/USD, USD/JPY and AUD/USD any other pairs it will be around 10-30, the commission seems fair, and their swap is fair too. Gold spreads can be anywhere from 10-18.
The execution is fast.
Depositing takes a little while, I tried OKpay via BitCoin and it took a day for me to have my account funded, but I am currently testing Skrill for deposits; I’ll see how that goes.
Their main page once you sign in doesn’t show your MT4 ID or how much capital you have.
Customer support is fast.
If you guys have anymore questions just let me know.
Just off of chat with ACM or ACM-US (Advanced Currency Markets) they DO NOT accept US clients. I received the same Tallinex, screw you US clients, email so I’m looking for another broker too.
If you’re making good money trading and can afford the annual fees, is setting up an offshore IBC/LLC managed by a US entity/resident an option to access a wider range of offshore brokers?
Maybe it is time to either start a new thread or discuss it here about companies that help you set up offshore CORP or LLC. I have been looking at this company https://www.offshorecompany.com. Anybody knows any other ones. I heard it costs between $2000-$5000 to start it, and about $2000-$3000 annual fee to maintain it.
I am really getting sick of this, and it looks like its getting worse every year. For now, I am letting Tallinex to transfer my accounts to CCM.
I suggest we remove [B]Real Forex[/B] (Belize) from Group 1 of our List, for the following reasons:
B[/B] if you visit this broker’s current WEBSITE, you will not be able to find ANY of the information that we normally gather and list for each broker in Group 1 – and you will not be able to [I]confirm[/I] ANY of the information [I]currently[/I] listed for Real Forex (which we gathered and posted years ago).
B[/B] Finocorp, the company which originally was (and may still be) the parent of Real Forex, has been blacklisted by The International Financial Services Commission (the Belize regulator) – FINOCORP LTD. | International Financial Services Commission
B[/B] apparently no member of this thread has ever traded with Real Forex, or expressed any interest in Real Forex, in the 5 years that we have listed them in Group 1; in post #7, where we link to comments posted in this thread on the various brokers in Group 1, there are no links (no comments) to Real Forex.
If anyone can make a case for [I]keeping[/I] Real Forex in Group 1 of the Offshore Broker List, please post your comments here.
And comments in support of [I]removing[/I] Real Forex from the List can be posted here, as well.
Before taking any action, I will wait a week to hear from thread members regarding this suggestion.
I have zero hope that the Trump administration will be able to reverse the CFTC/IRS/Treasury agenda. Tallinex caved, so who knows if Fxchoice or Trader’s Way will remain available options this time next year.
I know someone who has used the company apintertrust.com for asset protection purposes. I’m considering going the offshore entity route if it would allow access to larger European/Canadian brokers as well as others (ex. Tallinex) that are currently off limits…
Setup…
$900 LLC/IBC
$150 Apostille Legalization
$650 Bank introduction
Annual…
$690 Renewal
$350 Vitual office
$170 bank annual fees
Well if any beneficiary is a U.S. person in theory you’re right back to where you started. And trying to conceal that could have consequences. And finally it goes without saying that one would definitely not be contemplating tax evasion, right? hyperscalper
TALLINEX didn’t cave to u.s. regulators they hook up with a regulated u.k. company call EAST ASSETS PLC so i think that had a lot to do with them letting there u.s. traders go.
Tallinex has been using East Assets as a “wallet” to facilitate money transfers from people (like you) that the CFTC would like to cut off from their offshore brokers.
In a rational world – with a free market, and without the meddling of the control-freaks in the Nanny State – it would be a simple matter for you to [I]send money[/I] to Tallinex (or any other offshore broker of your choosing), and [I]withdraw money[/I] from Tallinex, just as quickly and easily as you do from your local bank.
But, we don’t live in a rational world. We live in a world infested with the nanny mentality of the CFTC.
So, offshore brokers have to find ways to survive and to serve their U.S. customers, by discovering [I]work-arounds[/I] to keep two-way money transfers flowing.
That’s all the Tallinex/East Assets relationship is, or ever was.
Unfortunately, the added costs of servicing U.S. and Canadian customers, and the constant attacks on Tallinex by the U.S. government, have led Tallinex to make [I]the business decision[/I] to separate themselves completely from our market.
Thank you, CFTC. – Thank you, Nanny State.
East Assets, contrary to your conspiracy theory about a buy-out, has no parent relationship, no subsidiary relationship, and no partner relationship with Tallinex.
Thanks clint for the info, if the u,s, regulators are putting presure on offshore brokers / there money flow how can tradesrway still accept credit card deposits .
If I were inside the CFTC, I would know their tricks.
If I were inside Trader’s Way, I would know what type of CFTC attacks they have to defend against, and how they do it.
And if I were inside Tallinex, I would be able to make a pretty good [I]guess[/I] – based on the CFTC’s assault on Tallinex – about what the CFTC is [I]likely[/I] attempting in the case of Trader’s Way.
But, like you, I’m an outsider to all of it.
We’re just ordinary retail forex traders, taking whatever we can get in terms of pips, available brokers, and [I]industry information.[/I] Regarding industry information, the best we can do is read, listen, and try to perform basic due diligence on the things we read and hear.
It [I]doesn’t[/I] work to ask an offshore broker about the methods the CFTC is currently using against them. They are not going to reveal that information. They are in a war with overreaching regulators, and their defensive measures are proprietary information.
Anyway, it’s lunchtime on Saturday, and I’m rambling.
Thanks for your participation in this thread. Keep it coming.
I have no interest in tax evasion, any US citizen traveling down that road after FATCA is completely crazy… this is strictly about broker access!
I would be signatory on accounts. Foreign LLC election would be made with IRS to be treated as a disregarded foreign pass through entity (form 8832) and foreign bank & broker accounts would be annually reported (forms 8938 & TD F 90-22.1), so everything would be 100% legal and fully reported to the man lol.
The only issue is how the non US brokers would react to US management of foreign LLC, however that is a typical hedge fund setup so who knows. A non US nominee director on the broker account is a consideration to get around that possible issue, now if you would feel comfortable with that is another issue all together.
