Going offshore to escape the CFTC

Broker Discussion Forex Brokers
4289

Sounds like the options are…

  1. Wait for CTFC to drop the hammer on the remaining reputable brokers on their RED hit list
  2. Painstakingly hunt down your own business banking solutions globally (accepts US citizen beneficial owner, USD/EUR correspondent banking + FX broker money transfers) with backup accounts opened just in case
  3. bitcoin denoted FX accounts
  4. non US citizen/resident nominee director & signatory on broker & bank accounts (correspondent banking + FX broker money transfers)
  5. renounce US citizenship, pay your exit fee, back taxes and move out the country
  6. eventually give in and trade with Gain (bucket shop operator with multiple fines), Oanda (news release spread manipulator) or CME (<30:1 leverage & expensive real time data fees).