Well recently with all the damn laws/regulations going on, my FXCM account has become a foreign piece of software. It just doesn’t make sense to why the NFA would do such things.
Nevertheless, I am looking for a new broker. Anyone who just switched from US to NON-US have any recommendations. I am probably going to be looking for UK broker where I have easy access to my money and I can still hedge and make use of Stop-losses.
I know what you mean…lol.
I have a FXCM Canada account and they don’t have to conform to the new rules. So when I went to test out something on my US demo account, I didn’t know how to set a stoploss, takeprofit, or even close the darn trade!
So I asked FXCM how to do it, and they said since I don’t have to worry about it with my live account, I should try the FXCM UK demo account which works like I’m used to. Perhaps a live FXCM UK account is what you could transfer to. Just a thought