Interactive Brokers to cut off US forex clients Sept 1
The war on US retail forex trading continues
It’s about to get even tougher to find a forex broker for Americans.
Interactive Brokers is leaving the US retail forex market on September 1. Various clients report receiving a message saying that only US-based clients with $10 million or more will be eligible to make leverage forex trades. All others will be restricted to unleveraged forex trading.
To be clear, the message only affects Americans trading with Interactive Brokers, not Interactive Brokers clients from other countries.