I’m waiting for Black Market Underground Forex Trading to get started. Might already be started, and I just don’t know it yet. I’ll join in a second and go live on a pirate ship in the middle of the ocean to trade, as long as they have decent WiFi
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absurd, I love how at the bottom it says if you feel you’ve been a victim of pax forex…no sir, I believe I have been a victim of the CFTC. Such bullshit, just let us make money, what is the issue? Once again, I can take my life savings and walk into a casino in Vegas and put it all on black, no regulator at the door to the casino or wht about all the poor saps spending their entire paycheck on lottery tickets, that’s OK as well, but I can’t do something where I actually have a chance.
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It seems apparent to me that the brokers who have an issue must do something different than the ones who are on the “red” list and don’t seem to be able to be touched by the CFTC. I’m just hoping our trusted brokers aren’t doing anything to get them in the same boat, i.e. using servers based in the US, etc. I guess I just don’t understand why some brokers are completely untouchable and others aren’t even when in the same jurisdiction.
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Im a bit confused. There’s https://paxforex.org/ that seems to be the same company being hunted by the FBI???
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from .com to .org they are the same company and not worth putting money with them at the moment
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Yeah TBH im not trading any of these offshore brokers at all at the moment. FTMO and Optimus/AMP futures are the only ones now.
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It’s all about the almighty dollar. Our government doesn’t care about us. If they can get more out of us by us throwing our life savings away in Vegas or wasting our money on lottery tickets then that’s good for the government–more money they can spend on Area 51 and other Rabbit Holes. Whatever gives our government the most money from its citizens is best for the government. Welcome to the land of the free and highly regulated. Look at Walmart’s business model; who’s their market? Mostly people that live paycheck to paycheck right? How do you grow that business model? Create more people that live paycheck to paycheck. JOB is not a word but an acronym for Just-over-broke. Keep the people poor and unaware. Vegas provides a place to keep people addicted and poor. Why would the government shut that down when it’s helping accomplish their goal? An avenue for the retail trader to make a good living trading the markets with ideal trading conditions (our offshore brokers) now that’s a problem for our government and any corporate execs they are in cahoots with. If I become independently wealthy by trading ideal conditions with offshore brokers, well that’s a problem for Walmart; they just lost a customer–can’t have a way for people to break out of living paycheck to paycheck. There’s a lot of companies and corrupted officials/execs that will lose out if more and more people stop living paycheck to paycheck.
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it’s funny how vegas can take all your money but when you start winning they ask you to leave or take a break also the machines are rig to rip people off but you can’t count cards and beat the casinos, where is the u.s. government to protect us from these scamming casinos, it’s always been about big business and never about the american people
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Yes, I have stopped trading my own accounts at the moment as well. Going to attempt 2 more challenges at FTMO to bring funding to 300K.
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I just received an email for Pax a little bit ago about them going from .com to . org …not sure how long this site will be up before it also gets shut down. I don’t use them but signed up for an account with them many years ago.
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lol. So our other website was seized by the FBI, but feel free to keep trading at our new site. Yes, I feel 100% confident.
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lmao 
EDIT: next we will hear the U.S. goverment have requested our bank to freeze our funds so we can’t process withdrawals at the moment
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My favorite part are the words saying “Secure Forex Trading” at the top right corner of email post.
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It really is sad. I can trade with 50:1, I don’t hedge, FIFO is a pointless pain in the ass as I very often enter multiple positions. But I could actually live with all of that. My issue is the cost, the spreads at the US options are horrible, they now charge “financing” fees for holding overnight,and they are pure market makers. Spreads are good on Forex dot com DMA account but they charge $6 EACH WAY in commission. My only issue with CFTC regulated brokers is they don’t regulate the brokers, these brokers use all the dirty little tricks like freezing the platform for 15 min, random price spikes etc. The CFTC is so busy chasing the brokers out of their jurisdiction, they don’t have time (or care to) regulate the brokers they are supposed to be regulating. And for God’s sake, if you are so worried about me losing my money, why on earth do you PROHIBIT these brokers from securing our funds as every other regulator in the world does. I would be happy to trade with US broker if we got the same conditions (tight spread, low commission) as our offshore offerings, they use a DMA/ECN model and protect my funds. Butas it stands, there is no way I would use these brokers.
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Well, you can mock PaxForex, if it amuses you to do so. But, I think it’s actually good news that this broker is pushing back against the Brown Shirts.
I was very concerned to see a full-on assault by CFTC/FBI on one of our SVG brokers. In case you haven’t noticed, we have more offshore brokers in SVG, than in any other jurisdiction. And I, for one, have been hoping that SVG would prove to be a bastion against heavy-handed U.S. regulators.
Good for you, PaxForex. We support your fight against the bully Brown Shirts, and wish you complete success. For now, I will leave PaxForex on our List.
And I will update the PaxForex listing to reflect the .org changes.
RE: SageFX (SVG) and HankoTrade (Seychelles), no one has voiced any objection to adding these brokers to our List. So, before the weekend, I will gladly add our 13th and 14th brokers!
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CFTC Charges BitMEX Owners with Illegally Operating a Cryptocurrency Derivatives Trading Platform and Anti-Money Laundering Violations
https://www.cftc.gov/PressRoom/PressReleases/8270-20?utm_source=govdelivery
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I know I have mentioned NordFX broker before but I think they should be added to our list. I have used them on and off for over a year now. They are decent…not as good as Hankotrade and some of our other brokers on list but decent. https://nordfx.com/
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NordFX works perfectly for me they let me sign up and use the service for almost a year now with no issues.
FP shows it as the following, also, not sure why their support says no to US clients then.
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