I opened an account at Pepperstone, which does not accept US citizens. I’m not a permanent resident of the United States but I’m living in the US long enough to be classified as a permanent resident for tax purposes. I want to keep my account with them due to high leverage (and yes I’m aware of risk involved in trading with a very high leveage). Other than I won’t be protected by US governing bodies, I just want to know if there are other consequences of my actions.
I’d give the folks over at this thread a shout.
Also, have a read here.
They can terminate your account and remove profits if they determine somehow that you trade from US. They don’t need a headache. So I would recommend to hide your real ip or take some measures to conceal that.
Thanks @forexforexforex and @ontario