I have compared Oanda spreads, it is better than that of Forex.com. Not by a large margin though. I feel sorry for U.S. traders, they such limited options. No wonder many of them go offshore to escape the forceful rules.
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Can’t you get lower spreads if you do their commission-based payment option?
Why there is no forex brokers from USA?
Finprotrading is good, solid trading conditions.
I have had different suggestions to open account in so many different brokerages, the point is that most of them are not regulated. I have talked with some of them or the people who suggest them, they say that a regulation is not a big deal as long as they have a good history with their traders, what do you think? is regulation a very important factor? can lack of regulation cause cause a problem?
yes - it’s the single most important factor there is
with proper (e.g. FCA or ASIC) regulation, everything else is correctable; without it, nothing is
yes, and it’s likely to
this explains why:-
I had experience with unregulated broker I liked them, but I know my opinion is not enough. There are many brokers out there with good reputation and long history but before you work with any broker, you must research them well
who’s is supporting and allowing algo trading among your named brokers? thanks
I have heard this term a lot, does it. does it mean trading with EAs?
I do not suggest a broker, I suggest what you can look in a good broker, first make sure its trust worthy, check trustworthy listing websites and also pay extra attention to the broker’s back ground record and history, do not trust very young brokers, and then make sure that its simple to contact a human in that broker easily.
Totally wrong information, totally wrong man, I know , I would say more than 20 brokers that work with US clients.
I believe he’s talking about U.S. Brokers that are base in the U.S.
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not necessarily - EAs are just one example
an EA is a kind of algo-trading program which is specific to MetaTrader - other platforms have other names for equivalent software, but collectively they’re “algorithmic trading” or “algo trading”
apart from the ones @ForexGump wisely named, above, they’re neither US brokers nor US-regulated brokers, though, and for Americans who want a properly regulated brokerage, that excludes them
Hi mate. Thanks a lot for the information, so if you right, robot trading, is actually the same as algorithmic trading and EA is the name for only MT robot traders?
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those are certainly the original meanings and how everyone i know uses the terms
but these days, especially in forums and on Youtube people use trading terms to mean whatever they like
this is why you see people talking about “scalping 4-hour charts” (lol) and other things like this
so … a quick look around the web to check that i’m not misinforming you, according to current parlance (and what better way to spend a few minutes on a Friday afternoon when all’s quiet on the western front?) easily found websites saying that the difference between “robot trading” and “algorithmic trading” is that “robot trading” actually enters the trades for you and “algorithmic trading” doesn’t, and websites saying that the difference between “algorithmic trading” and “EAs” is that algorithmic trading actually enters the trades for you and “EAs” don’t
so different people are using these terms with hugely conflicting meanings, clearly
but to the best of my knowledge the term “EA” is specific to MetaTrader
(but dobutless if you look hard enough, you’ll find a forum thread somewhere with a title like “i need an EA for TradingView” or whatever, lol!)
if you’re none the wiser, i can only say “neither am i”! 
Wwwhhaaat LOL 4h scalping 
I prefer day trading on 1m candles
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i’m in-between the two, myself, lol - the phrase “scalping 4-hour charts” still amuses me, every time i see it, though (professional scalpers usually don’t use timed charts at all: they’re on volume charts and/or tick charts; i can understand people in forums referring loosely to “scalping 1-minute charts”, though: they don’t mean literally “scalping”, of course, just “what has come to be known in some forums as scalping”!)
Here is a good article about why brokers are so hesitant to take on US clients: Why dont more forex brokers accept us clients? | Forex Academy
" One of the primary reasons why many forex brokers do not accept US clients is due to the strict regulatory requirements set forth by the US government."
I have been using OANDA since I started trading 5 years ago, they’ve been nothing but professional, and even reach out as a courtesy, on occasion. Their customer service has been second to none.
I have recently signed up with Interactive brokers as I’ve moved to currency futures and stocks (they don’t accept US clients for forex either) but I have left a small amount in my OANDA account so that I don’t lose that account and can still play around with spot forex.
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that completely matches all my (much longer) history with Oanda
it’s the one brokerage i would really never hesitate to recommend to anyone here - and none of my colleagues/former colleagues would disagree with this (i still have an account there, myself, even though i now trade almost entirely futures)
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While offshore brokers may accept US clients, this doesn’t mean they should be. Take a look at the Dodd-Frank Act to see more details on how retail FX is regulated in the U.S.
U.S.-based traders open themselves to a lot of risks using a forex broker not registered in the U.S.
The simple question of how to transfer funds in and out of your account comes to mind. (Although withdrawals might not be an issue if one plans on blowing their account.)
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