Tuesday, December 6, 2022

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offshore forex brokers for us citizens

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People also ask:

Can US citizens use offshore forex brokers?
Despite the regulations, US Clients CAN STILL open a Forex trading account with offshore and foreign brokers who do accept US clients. The US regulation (CFTC) has a signed Memorandum of Understanding (MoU) with many foreign governments.
What forex broker can I use in the USA?
Best Forex Brokers US Comparison
Are offshore forex brokers legal?
An offshore forex broker isn't registered or licensed in the USA. In terms of compliance, they sit outside Uncle Sam's regulatory remit, and as long as they don't engage in criminal activity, they're largely free to offer US citizens the forex trading services that other countries take for granted.
How do I get an offshore forex account?
Open the offshore Forex trading account You'll have to provide a notarized passport copy and various forms of identification, such as bank statements, credit cards, utility bills, etc. If you want to take full advantage of the offshore account, have a debit card attached to it.