I didnāt have to hear it, I experience it, FXCM, Forex com, Oanda, FXDD, Tradersway
Youāre talking 15+ years in this game, Iāve seen pretty much everything
There was a time when MB Trading, Hotspot, FxSolutions, CMC Markets, ODL securities, Interbankfx, FXDD, and many more existed, any one remember these brokers?
Lol Iām a new trader, but I could not imagine having to settle for 50:1 leverage with US brokersā¦ that just seems so evil to me like the government doesnāt want you to make money.
I can only see a future for me in trading if I am able to take advantage of off shore brokers so I pray they stay available for at least a few more years!!! My fear is that this government will do all it can to enforce their regulationsā¦ I really wish traders could band together to petition for 500 leverageā¦
Iām hoping for a strong 5 more years and Iām done with trading, off into the sunset
ā¢ ForexChief (now called xChief) ā has been removed from our List.
ā¢ PlexyTrade ā if you are a U.S. person, and have opened a new live account with PlexyTrade after May 4, please let us know. When it is confirmed that they are onboarding new U.S. clients, I will add PlexyTrade to our List.
Opened an account and they were all too willing. Plexytrade is LQDfx rebranded, they canāt lie. They did this to escape the mt4 fiasco. Same process, even the deposit confirmo and crypto.
Thereās a reason why an unregulated off-shore requires a KYC.
Not going to be funding the account. Done with forex going to futures.
Itās a matter of time till the MT4 issue catches up with them and theyāll be using ACT. Not sure if Dxtrade will touch them.
Definitely wise!! 
Even wiser.
I would love to hear if there is something like Signal Start available for copy trading of successful futures traders. So far, no one has posted about it, so it may not exist.
Sorry, no idea - not something Iād ever try, myself, mostly because of the āselection-bias problemā.
These sites are fraught with dangers, arenāt they?
(Collective2 might have futures traders you can follow, but thatās only a complete guess, sorry).
Things continue to get worse for prop firms
Since the chaos in the industry related to the suspension of licenses by MetaQuotes, the creator of MetaTrader 4 and 5, many companies have been migrating to the rival platform Match-Trader to maintain their operations and keep their clients.
Now, weāre seeing the first case of a license revocation on the platform that was supposed to be a safe haven for prop firms.
Exclusive: Match-Trader Terminates Prop Firm SurgeTraderās License
Look like Americans are being left out in the cold, are there any retail forex prop firms for U.S. Citizens?
Proprietary trading has become a hot topic in recent months, drawing attention from retail investors and sparking regulation controversies. After unlicensed companies failed to maintain tradersā trust, FX/CFD brokers started offering prop trading services, recognizing a new niche in the industry. As experts interviewed by Finance Magnates claim, the niche can be really rewarding in the near future. Prop trading is set to become the next revolution and the future for the CFD sector.
Four companies, including OANDA, Axi, IC Markets, and Hantec Markets, have decided to pursue this market so far. In this article, we compare their āchallengesā and trading conditions.
I remember MB very well. They were my first broker. Paid me with paper checks 
At least you started out trading with ECN / STP Broker, I started with FXCM And Forex com. 
I havenāt seen one of them in like 10yrs.
Assuming high leverage, I start with 2k. If spread, carry, fills, slippage and withdrawals are ok, Iāll let it grow. Itās not long until itās all house money. Itās important to deploy it across several brokers. I do this for the obvious reason but also, when conditions change, my money goes where itās treated best.
For months, a broker I use had 1.0 spread on CL/XTI and it suddenly jumped to 2.4! At $1 per tick my crude trading moved to my backup broker at 1.6 spread/no commission. This morning, after a few weeks, broker A is suddenly back to 1.0. Free markets and competition in action.
Things Iām reading today got me thinking- The last broker that ripped me off was US regulated, PFG Best. After the CFTC came in, most of us received pennies on the dollar because of all manner of āregulationsā, excuses, etc. but the attorneys did very well. FXCM was fined by the CFTC for some other scam I canāt recall. The list of US brokers taking money from clients is lengthy. Your money is never truly safe anywhere. The SEC did a great job with Madoff, remember? Then there was MF Global. The list goes on. Spread things around, hide your stops and trust nobody.
They were solid until Dodd/Frank. They were bought or merged and thatās when I started with offshore brokers and never went back. Iāve had some near misses over the years but none of them have directly stolen my money. Indirectly is a different story 
They just passed the FIT21. As long as crypto achieves a significant amount of decentralization (Itās already massively centralized in a handful of exchanges) which would in turn be exempt from regulation (then what is forex and why is it so āregulatedā)ā¦Everything is ass backwards in this time we live in.
This is a true phenomenon. Itās as if youāre taking away the validity of the market and they donāt want to realize itās a controlled environment.
This is it. Add this sentence to a book of wisdom for the gereations. Post it on your refrigerators. It would even make a great tattoo!
I think I am going to get this phrase air brushed on my truck tomorrow.
-Change has to start somewhere. I am hopeful, but also realistic.
-I donāt knowā¦ a phrase like that could have other meanings to non-traders. 
Thatās what she said! OK airbrushing cancelled! Glad I didnāt opt for the tattoo