There is a very good chance that your broker will lose its Metaquotes license if they currently accept U.S. citizens and use Metatrader as their platform
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Thanks for the feedback, sounds promising. Looking into IBC option and details myself. Would you be open to a chat around the same?
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They donāt even require you to disclose your country so who is to know where their clients are from?
So Iām assuming their forex product is a CFD. Maybe theyāre just marketing it as a future.
Do you have to wait for settlement to get your money from a position?
There are no CFDās with AMP. They are future contracts.
Futures Contract Specifications | AMP Futures
And no you donāt have to wait for settlement to cash out.
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Thatās oddā¦futures need to settle in the US for the profit to be taken.
At this point I wouldnāt be surprised anymore.
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Why is that odd? CME (Chicago Mercantile Exchange) is in the USA.
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Is AMP offshore?
My US broker settles equity and futures in T+3 so we canāt get access to any of the profit till then.
Also have been doing my research into an IBC but have yet to hear back from a credible enough source. If anyone has any contacts/tips I would greatly appreciate.
AMP Futures is not offshore.
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I was thinking in terms a something like Sype where we could all actually talk for an hour or so every now and then.
Thereās definitely some things I need to discuss. Yet I donāt want to spam this thread, but it is āon-topicāā¦
IBCās have been a topic here before. Everyone here is looking for solutions. With the recent prop trading and Metaquotes trouble, the pressure is building.
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Thatās what the Discord room is for. Ask whatever you want there. It also supports conference calling.
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-If on-topic, then share it here, if you like. Unless there is some reason that you believe that it will be regarded as spam?
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Curious if anyone else is having troubles filling an order with SwayMarkets?
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No, not spam. But I think itās better to discuss things behind closed doors with people that I know.
Are they using DX trade? How long have you been with them?
edit: just went to their website to ask a question and their chatt is jam-packed with over 40 customers waiting in que. The note says they had ātechnicalā difficulties their trying to resolve.
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Iāve been with them about a year now. Everything is in working order again though and orders are being filled
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