In this Forex trading vlog, I explain a little about Forex brokers for U.S. residents and then share my top 3 choices if you're looking for a broker as a U.S. trader. Vlog #557
Video Summary: The Best Brokers for U.S. Residents
1) IG / London, UK
2) Oanda / New York, USA
3) Forex.com / Bedminster, USA
Global Trader's Choice: Interactive Broker / Greenwich, USA
One of the questions I get a lot is:
“What brokers can I use as a U.S. resident?”
Mainly, the National Futures Association (NFA) requires a lot from brokers wanting to serve U.S. clients.
That's why most brokers won't allow you to open an account with them if you are a resident in the United States.
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Now, I know that you might be attracted by an offshore unregulated broker
…due to the low leverage of U.S. licensed brokers.
However, the risk associated with unregulated brokers isn't worth taking.
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You're better trading with a company you can trust for the long-run
…as opposed to changing broker every few months when things go bad with your shady broker.
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So to help you choose a broker, I prepared this video for you.
I hope this can help you get the “broker issue” sorted out once and for all!
If you have any questions, don't hesitate to reach out and let me know!
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Keep crushing it πͺπ
About Me
My name is Etienne Crete (from Montreal, Canada). I'm a swing Forex trader (who has the chance to travel the world anytime) and help aspiring Forex traders develop a trading method that works for them so they can produce income allowing them to live with more freedom.
You see, a lot of aspiring Forex traders lack the confidence to pursue their dreams. I'm there not only to help you develop your confidence but also to implement the tactics that are proven to give you results. You'll develop Forex trading discipline and the other skills you need in NO time!
Ultimately, you'll get to experience what aΒ day in the life of a Forex trader truly looks like, but you'll also have to be consistent with your Forex weekly review!
I produce a traveling Forex trader vlog and host the Desire To Trade Podcast. I was fed up with the βfakeβ millionaire traders and the βget-rich-quick-trading guysβ. That's why you can expect more free content from me than what other people charge for!
All Products Used In This Video
- Camera: Canon EOS M6
- Tripod: Sirui 3T-35K
- Editing software: Final Cut Pro (Mac)
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Thank you for trusting me with my truthful and reliable opinion on any future purchase you may make. I always disclose this information when it is the case. As part of the Desire To TRADE family, you allow me to be able to use affiliate/referral links when suggesting items for purchase. As a customer of the products I refer, you help me sustain the time and resources to create content on this channel by generating revenue from your sales. This doesn't affect you in any way in the checkout process (I'm sometimes even able to arrange a discount for you that is special from other customers).
If you got value from this video, you might want to consider checking out theΒ Desire To TRADE AcademyΒ where Iβll help you develop a solid trading strategy, implement the things successful traders do, and more! That's all going to be done while you build a lifestyle you love!
If you are wondering how to put together a solid trading plan for trading Forex for others, I recommend you grab my FREE One-Page Trading Plan Template. It will help you simplify your trading strategy on a single page!