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Supreme Being
      
Group: Forum Members
Last Login: 1/23/2012 9:34:43 AM
Posts: 237,
Visits: 482
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It seems there are quite a few ActFx brokers that have stopped taking on US Clients... Does anyone know what brokers that are using ActFx, are taking on US Clients still?
Much appreciated!
Happy Pipping!
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Forum Newbie
      
Group: Forum Members
Last Login: 4/28/2010 11:44:50 PM
Posts: 4,
Visits: 4
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Hey man. I contacted Act Forex, and they put me in touch with an "upstart" broker out of the British Virgin Islands that accepts US clients. There is a pretty low spread...EUR/USD is usually around 1.4 – 1.8 pips. I opened a practice account with them, but I'm unsure about the setup. Seems like every time I open a trade I start down about 7-10 USD...wondering if there's a cost per trade like with stocks? Or if the pip value is just different? I dont know. They do have some cool things like the whole "points system", etc. Anyway...
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Forum Newbie
      
Group: Forum Members
Last Login: 4/28/2010 11:44:50 PM
Posts: 4,
Visits: 4
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| By the way...when I contacted my affiliate manager with [broker's name] (I think her name is Debbie), she told me that they are pursuing some regulation where they can accept US, UK, and Cyprus clients again, and that I shouldnt remove the [broker's name] banners from my site, as it should be resolved in the next few months. Do you think that is truth? Or just a con to keep me sending traffic their way?
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Supreme Being
      
Group: Forum Members
Last Login: 1/23/2012 9:34:43 AM
Posts: 237,
Visits: 482
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I have had nothing but problems with [broker's name] ... their support is absolutely horrible and I just dont trust them as far as I can throw a stick.
Happy Pipping!
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Junior Member
      
Group: Forum Members
Last Login: 12/21/2010 9:56:11 PM
Posts: 16,
Visits: 57
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I use [broker's name] and havn't had a problem with them. All my withdrawls have been on time everytime for the last year.
I am one of the Few, The Proud, That earned the Title, "Doc."
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Supreme Being
      
Group: Forum Members
Last Login: 1/23/2012 9:34:43 AM
Posts: 237,
Visits: 482
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Check out this link, they're experiencing some difficulties.
WARNING
The Cyprus Securities and Exchange Commission (‘the Commission’) wishes to inform the investors that the company [broker's name]:
1. Is not permitted to provide investment and ancillary services in the Republic, pursuant to Investment Services and Activities and Regulated Markets Law, as:
i. It has never been authorized by the Commission.
ii. Ιt is not a bank or a cooperative firm, established in the Republic and authorised to provide such services.
iii. No notification has been received by a competent authority of another Member State, pursuant to sections 77 and 80 of the above mentioned Law.
2. Is not regulated by the Commission.
The Commission urges investors, before conducting business with Investment Firms, to consult its Web Site (http://www.cysec.gov.cy/default_en.aspx) to
Happy Pipping!
Edited: 5/5/2010 1:54:51 PM by GregorAnton
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Junior Member
      
Group: Forum Members
Last Login: 12/21/2010 9:56:11 PM
Posts: 16,
Visits: 57
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welp time to say goodbye...
I am one of the Few, The Proud, That earned the Title, "Doc."
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Supreme Being
      
Group: Forum Members
Last Login: 1/23/2012 9:34:43 AM
Posts: 237,
Visits: 482
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Yeah it's unfortunate. I used [broker's name] when I got started and was shocked by how poorly they handle support issues. I'm with another broker, and I'm blown away by how great their support is.
Happy Pipping!
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