OceansideForex

Joined Apr 13, 2012

Connections: 0

Experience: No Experience

Profile

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Systems by OceansideForex

Name

Gain

Drawdown

Performance

The Athletic Trading System

Demo

1:100

MetaTrader 4

+1.34%

23.72%

Recent Posts

Offshore for US Citizens

I guess the debate here is whether or not you are going to use a broker who "doesn't care" if they can't verify the owner. The problem with that is you have brokers like MF Global.......White Swan Group.....and the myriad of other Scams who can and sometimes do close up and disappear with your fu...

4414

May 12, 2012 at 19:35

Offshore for US Citizens

Correct. Most legitimate brokers are now wanting to know "who the owner is" and if you don't give it to them....you don't get an account.Don't fall prey to 'scam' brokers.Instead, write a letter to your government asking why you have no freedom..

4414

May 12, 2012 at 15:39

Offshore for US Citizens

Thanks for the replies, no direspect has been taken.There are a few work arounds that I've found that have worked, but I was under the impression that the IBC routine had gone the way of the dinosaur.I'll look more into your sovereigngroup link.

4414

May 07, 2012 at 06:10

Offshore for US Citizens

IBC's will no longer work as of late last year. I confirmed this with the legal team at my broker of choice.Basically they find out who the owner is and where they are banking and you will not get into a Forex broker using an offshore corp. They will find out you are a US resident.Again note I sa...

4414

May 04, 2012 at 07:35

a decent broker with instant execution

500:1 leverage makes me cringe. ;(

1285

May 03, 2012 at 06:43

OceansideForex's Reviews

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HIGH RISK WARNING: Foreign exchange trading carries a high level of risk that may not be suitable for all investors. Leverage creates additional risk and loss exposure. Before you decide to trade foreign exchange, carefully consider your investment objectives, experience level, and risk tolerance. You could lose some or all of your initial investment. Do not invest money that you cannot afford to lose. Educate yourself on the risks associated with foreign exchange trading, and seek advice from an independent financial or tax advisor if you have any questions. Any data and information is provided 'as is' solely for informational purposes, and is not intended for trading purposes or advice. Past performance is not indicative of future results.

EURUSD	1.15865	GBPUSD	1.35405
USDJPY	159.777	USDCAD	1.38983