Forex accounts for us citizens
Why are they fleeing to offshore forex brokers and offshore forex managed account s? About three or four of these restrictions have been made law already in spite of the outpouring of pleas coming from the forex traders who are going to lose valuable income as a result of them.
Sounds like the same thing that happened with forex accounts for us citizens care doesn't it? It's big brother in the U. As this writer read the comments on the Internet coming from those that opposed it, not one person really recognized the true source of this financial tyranny.
Just like all the money borrowed by the U. This writer was talking to a bank manager in Austria one time on the phone, and this man said that the government of the U. In the case of forex trading the little guy losses his freedom to invest and an effort is made to protect the profits of Wall Street. But this is driving the little guy to excellent offshore forex brokers in places forex accounts for us citizens Switzerland, Panama, Bahamas, Cyprus, Hong Kong, and the Forex accounts for us citizens.
The term "offshore" here is not used in its strict technical sense forex accounts for us citizens instead to describe the movement of money to another country where there is more investment freedom. You may argue that the government is trying to protect the little guy from losses and that is why these regulations are applied. But there is one regulation of those that were created that proves this was not the intention of the U. It is the hedging rule that says you cannot enter long and short trades on the same currency pair at the same time.
After the rule was applied he was able to move his trading account to a brokerage in the U. Can you see clearly who or what these rules are meant to protect? This email info from them describes their method of reducing risks using the banned hedging strategy:. We closed our short position, and we were able to ride a nice long position up, which we closed out early in the European session for a good overall net profit. You can see that the hedging is used for safety of profits.
So the result of these fascist forex rules is an ESCAPE to offshore forex brokers and offshore managed accounts which are not governed by these rules.
The only problem is that many offshore forex brokers will soon be pressured by the U. In fact, since so many countries copy the laws of the U. So it is best to be ahead of the game and learn why people are asking the question: Get one of our offshore limited liability company packages or our belize ibc package for offshore asset protection and for forex freedom offshore financial growth.
Forex is a leveraged product. It may not be suitable for you as it carries a high degree of risk to your capital and you can lose more than your initial investment. You should forex accounts for us citizens you understand all of the forex accounts for us citizens.