It https://top10best.io/ is no secret that a good number of international Forex brokers have regulations that restrict US traders. A good number of international Forex brokers operating offshore do not accept US residents to open account with them. A good number of these brokers are the regulated ones. The reason for this will become very clear as we tackle every reason. There are strict regulations that limits doing business with US citizens. Most of these regulations originate from the US government. Fortunately, these regulations do not completely stop international brokers from accepting us citizens. There are a good number of offshore international Forex brokers that accept US citizens. Below is the primary reason why some offshore international Forex brokers do not accept US citizens.Dodd-Frank Act requires that every Forex brokerage company who wants to do business with US citizens must first be registered with both Commodity Futures Trading Commission CFTC and National Futures Association NFA. Many international Forex brokers find this very difficult for them. The recent statistics shows that a good number of such international brokers are still not registered with these two us regulatory bodies. These are mostly legal and regulated offshore brokers. To avoid the paper mess, they stop accepting us citizen to open account with them. It is easier for them to decline the US citizens than incur the unforeseen expenses.

Are you looking for a safe broker to invest in forex at South Africa?Ubanker offers you this page with everything you need to know to choose a reliable broker. If you want to know which is the best rated forex broker in our test, we opt forUbanker Nigeria. Want more options to choose from?Below these lines we publish a table with thebest forex brokers in Nigeria.Before choosing a Forex broker, it is important to weigh all of the factors involved in the process. There is no perfect broker in the Forex market, but you can find some very good ones. You need to decide which factors are non-negotiable and which ones you might be willing to bend on. Once you look at all the factors, you can open an account and get started making money.In this section, we will feature reviews on some of the different Forex trade signals services that you can sign up for. We will only recommend a signal service if it has a proven track record and looks to be promising moving forward. Just like you, we do not want to pay someone for signals that they are generating with a psychic squid or some similar method. We would appreciate some actual technical and fundamental analysis behind the signals.

The best way to trade Forex online without risk is by hedging a trade with a put option. A put option is a form of insurance where it protects you in the case where the price falls unexpectedly. This is why it's important to get a Forex broker that allows options on Forex trades. The process is simple and requires basic three steps. Firstly, find a currency pair that has been either oversold or overbought. Next, go into the trade and then purchase a put option. The put option should be the same amount value as the actual Forex trade and the strike price should be exactly the same as the open price. This essentially eliminates any potential risk to your trade as it covers you whether the price goes up or down. The only risk is the cost of the insurance. I recommend buying a put option that lasts at least 6 months. Keep in mind, this is method only works for you're doing mid-to-long term trading and not day trading.

The amount of money that is transacted every month can tell a lot about the brokers reputation and credibility. The greater trading volume means they are trustful and more traders have worked with them. They have more fund and will save clients from the risky situations. There are some reliable ECN brokers that have a huge trading volume in month-basic.The Forex market has a good number of bucket shop brokers. They truly exist even if you know a little about them. They are illegal Forex brokers who mainly deal in fraudulent activities and false deception for monetary gain. Take precaution against these Forex brokers and you will save yourself from losing money. The first thing to do is to ensure that your broker is regulated by the right regulatory authority.

Forex is a complicated market and I have realized that many traders try to find the best brokers. But it is hard to decide because it is about where you live actually. Traders from US/UK will be served well with these brokers but to whoever from Asian or Africa, Cyprus is a better choice. The reason is that it provides traders with low cost of spread or commission but high leverage and good payment system or trading platform.Like I said before, US and UK brokers can not supply the low fees for commission or spread because they have more licenses and require more charges for this. For instance, Forex.com and FXCM ask traders for almost 7-2 pip with spread and even 6-7 commission charge. Comparing with other ECN brokers like Exness, they charge the traders only 0xx pip for the spread and with each lot traded, clients just need to pay 5 for the commission fee. Exness ECN account even offers zero spread rates when there are no changes or sudden accidents.