your correct, when i get the time i will go thru the application process, maybe tomorrow
ok could not find no information at forexpeacearmy but i see there parent company is register in the belize, the company name is quantix finacial service
https://www.ifsc.gov.bz/licensed-service-providers/list-f/
you can see there registration under Quantix Financial Services Ltd. they list yadix as there website address
UNSOLICITED MAY BE THE KEY
Websites would be considered “solicitation” so it is
not surprising that a broker would not advertise acceptance
of a U.S. person. However, an “unsolicited” contact and
application could be accepted by the broker quietly
as suggested above.
[EDIT added allegedly… :)]
I may have mentioned a client of mine [allegedly] has an account
with [undisclosed broker] in Australia, as a U.S. person, but
the account size was $200k or so… So “money
talks”, and a discussion with a broker could result
in acceptance “under the radar”…
[EDIT2] I AM SICK AND TIRED OF THE SUGGESTION
WE NEED TO “SNEAK AROUND” TO BROKERS WHEN
IT SHOULD BE PERFECTLY LEGAL !!! END OF RANT !!.
hyperscalper
IC MARKETS NOTICE ON WEBSITE THAT U.S. PERSONS NOT ACCEPTED
I began an application for a Live account on ICMarkets.com and
a brief notice flashed up (then disappeared) that they will not
accept U.S. clients, despite “United States” being in the list. Using
Windows Zoomit utility, I was able to capture the message which is this:
You are allowed to proceed further with the application form and will
presumably be contacted… This allows the broker to “qualify” the applicant
and come to a decision…
Actually a client of mine does have such an account. For purposes of this
forum, let’s say he is a “citizen of the world”. LOL. I’ll gather some more
info on the broker, and may get a chance to do a technical evaluation
of their major Forex offerings using my platform and MetaTrader 4.
[EDIT] A QEP is technically the status you would need to bypass the CFTC
restrictions, but I believe certain terms may be “negotiable”. The client
I refer to does have substantial assets, but I’m not sure s/he meets
QEP status.
[EDIT2] Note the language states “U.S. residents” … Certainly if I
resided in Canada and was a U.S. person, the issue would continue
to arise… But we shouldn’t have to leave our beloved country to trade !!!
[EDIT3] I note they use backend liquidity services in New York,
and having some component
of their firm inside the U.S. perhaps that is where the liability arises that
revenues may be impounded by the “Feds” should there be any issues…
[EDIT4] Last edit, I promise. So a QEP (Qualified Eligible Participant?)
is someone who can demonstrate “aggregate assets” of $5 million
and perhaps the client could do that, due to his business as a private
investor holding various startup companies… Again, I protest that such
a loophole should be the only way for us to do business with these
offshore brokers of high quality ! “He doth protest !!..” LOL SAD really…
hyperscalper
TURNKEYFOREX.COM VOTE FOR TRUSTED BROKER STATUS
I’d like to up-vote TurnkeyForex.com to “Trusted Broker” status,
inasmuch as it shares the same infrastructure as FinProTrading.com
and may even have more responsive customer support…
My votes are restricted to Forex trading only on the major 28 pairs…
I don’t use any other brokerage offerings…
hyperscalper
EVOLVE.MARKETS HAS UPGRADED TO MT5
I guess for new accounts, Evolve has updated to MT5. I have
an old MT4 account and a new MT5 account. I’ll just post what
they say the new features are. This includes not only native BTC
(BIT) accounts, but now LiteCoin native funded accounts:
It’s a bit confusing as there are separate “private office” areas
for management of the MT4 versus the MT5 accounts, but they are
certainly pushing the envelope…
In my case, these upgrades to MT5 pose potential complications, since
I use the NJ4X.com API framework, which does support the mixing
of both MT4 and MT5 server types… I guess we can’t stop Progress !! LOL
hyperscalper
1 Like
ADAMANTFINANCE.COM MT4 ACCOUNT
I decided to get an Adamant account to check their general
performance and specs. It would be their MarketPrime account type
with spreads from 0.1 PIPs…
However, their website is woefully unmanaged, and literally isn’t
working to open the account; it just times out. I’m accustomed to
that, since the trading servers are often completely different and
work fine, despite a website issue. Also, an attempt to chat with
support times out as well… Not an auspicious start, but I will keep trying…
So, this is in the interest of “diversification” of accounts, and I do
have a Master/multi-Slave relationship in the software, so that I can
exercise these various accounts simultaneously through the
NJ4X.com multi-brokerage MT4/MT5 pooling capabilities… Anyway…
I will report the performance/technical stats for the 28 major Forex
pairs, if I can ever get an account actually established !! embarrassing
hyperscalper
Hello, i´m not an american trader but i feel curiosity. who writes the list of forex brokers off shore authorized to acept traders from USA? NFA, CFTC?
Has anybody tried to demand these authorities at a court with a good lawyers team?
What´re the real reasons behind this nonsense regulatory body?
Is “get up, stand up fight for your rights” an option?
[quote=“jag1969, post:5145, topic:35612”]
get up, stand up fight for your rights" an option
[/quote]NO, get up, stand up fight for your rights is not an option, because it’s the law.of the land.
ADAMANT FOLLOW-UP
Tried the account creation again, and “Account opening failed”
continues to appear.
On what basis are we including AdamantFinance.com in our list?
Yes, this is a weekend, so I should wait until markets open, but
this would appear to be a “dead” organization !?! … Login to chat,
fails with a timeout… No emails appear as the result of these
multiple website failures…
Do we have AdamantFinance trader clients anywhere on this thread?
hyperscalper
I’m having the same issues with the Adamant website. Here’s a screen-shot –
(click the image to enlarge it)
On the basis that Adamant Finance has (previously) appeared to be —
(1) a legitimate broker that (2) welcomes U.S. clients.
If their legitimacy is in question, we will have to remove them from our List.
Until we find out what’s going on with this broker, I will add a WARNING to the Adamant Finance listing on post #1.
1 Like
I think they have proved to be stable and have stood with their commitments so far. I would vote them as a trusted broker.
BTW, any bitcoin based brokers you found outside of what we already have ?, It will be great to be able to add some crypto brokers to our list.
1 Like
I wish it was that easy 
USING CRYPTO THROUGH SHAPESHIFT TO FUND ACCOUNT
*** IMPORTANT SHAPESHIFT / COINBASE INFO *****
OK, I understand this is a bit off-topic but, since the CFTC’s attack methods
on U.S. persons’ offshore brokers, include restricting FUNDS TRANSFER
methods, I have advocated using Crypto for transfer of funds to and
from these brokers. These brokers include Evolve.Markets, FinProTrading,
TurnkeyForex and others which will accept Crypto transfers, usually
in BitCoin (BTC).units.
ShapeShift.io is a service which will transform one Crypto currency
to another one, and then forward the result to a destination. In my
case, I had Ethereum coin in Coinbase, which I wanted to “pipe” through
ShapeShift.io into BTC and deposit those BTC at Evolve.Markets in
the account.
I MADE THE MISTAKE OF CHOOSING “PRECISE” AS THE
TRANSFER METHOD AT SHAPESHIFT. Here’s the problem.
When choosing “precise” as the method, Coinbase as the sender
was NOT able to send the data to ShapeShift in the FIVE MINUTES
of time allowed. THUS SHAPESHIFT “times out”. You should have
provided a “REFUND ADDRESS” in the transaction and so ShapeShift
refunds the transaction which hits it, BACK to the sender which is
Coinbase, in my example. (Minus the small fee.) Well, at least I got
my money back on the failed transaction (minus the fee).
INSTEAD, HERE’S HOW YOU USE SHAPESHIFT.IO . DO NOT
CHOOSE THE “PRECISE” METHOD; CHOOSE “QUICK” INSTEAD.
This is described at ShapeShift.io here:
https://info.shapeshift.io/blog/2016/03/11/pro-tip-difference-between-quick-and-precise-transaction
BOTTOM LINE: Always use “Quick” to initiate the ShapeShift.io transaction,
and always provide a valid “refund address” back to your source wallet in case
of problems. Be very careful with the “destination” which is where you want
to sent the resulting coin, and choosing the input and output crypto types,
of course…
I was able to move $100 of Ethereum from Coinbase, through ShapeShift.io
into BTC and on to the MT5 Evolve.Markets account in less than 3 minutes !!!
So, when you want quick funds transfers (with a little practice) using ShapeShift.io
(or there may be other such services) you have the ability to hold your favorite
Crypto (I prefer LiteCoin or Ethereum, rather than BitCoin) but to fund your
Broker in the Crypto form that is accepted… very quickly !!
Practice makes perfect on these things, so do small transactions to make
sure you know how to do it safely. Here’s the ShapeShift.io confirmation screen:
hyperscalper
2 Likes
just signed up to FinPro account – anyone notice TurnKey Fx Demo server registers as a “Real” account for EA’s and third party services?
Here’s an email I sent to Adamant Finance ([email protected]) this morning –
(click the image to enlarge it)
There has been no reply to my email to Adamant Finance.
Their website remains essentially unusable. Their support staff remain unreachable.
Later tonight or tomorrow, I will remove Adamant Finance (SVG) from our List.
Any thoughts on the Dodd-Frank rollback, as far as US forex traders are concerned?
The rollback you’re referring to was extremely modest, easing the regulatory burden on a certain group of small banks, and nothing more. It falls far short of Trump’s campaign promise to repeal Dodd-Frank.
The Los Angeles Times reports –
Trump signs bipartisan bill rolling back some Dodd-Frank bank regulations
-
President Trump on Thursday signed bipartisan legislation rolling back some of the Dodd-Frank financial rules put in place after the 2008 financial crisis, touting another victory for his deregulatory agenda.
-
But the bill fell well short of his campaign call to dismantle the 2010 Dodd-Frank law, leaving key pillars unchanged, including the Consumer Financial Protection Bureau.
-
Instead, with the key support of some Senate Democrats, the legislation focuses relief on small and medium-sized banks that had complained they were unfairly burdened with regulations designed to prevent a future crisis.
Here’s the entire article –
Previously in this thread, I have written that the CFTC’s strangle-hold on retail forex would exist with or without Dodd-Frank. The legislation that gives the CFTC control over retail forex pre-dates Dodd-Frank. So, even if Trump manages – sometime in the future – to scrap the whole damn thing, U.S. residents trading through U.S. brokers will still be stuck with restricted leverage, the FIFO rule, and the prohibition against hedging.
Here’s a post that might be of interest to you –
1 Like