Are all U.S. brokers Scams?

Raphael Y

Private
Messages
12
I have not yet started a live account with any broker because I've been researching first. From my research for the past two weeks, there is only one broker that seems transparent and upstanding and it does not serve U.S. clients. I wont name it here because I dont want to be called a 'spammer'. Every U.S serving broker has reviews on this website saying that they're scamming people by disallowing withdrawals, manipulating executions, etc. They're all 'B- booking' most of their clients and have an incentive for their clients to lose. Maybe retail forex trading in general is a scam? I have ascertained that it is not wise to leave too much money with any broker, theres many horror stories on this website of people leaving 100 + thousand dollars with their broker and the broker doesn't allow them to withdraw it. I wouldnt leave more than 1 k profit(above my deposit) with any broker. I plan to withdraw regularly up until the scam starts(telling me I'm news trading, arbitrage, etc to keep my profits and kick me out). Despite all its faults I was going to just use Oanda but their leverage is too low for me to make any decent money(remember I'm not putting too much money into any broker).
 

Keithstyles1

Private
Messages
108
I have not yet started a live account with any broker because I've been researching first. From my research for the past two weeks, there is only one broker that seems transparent and upstanding and it does not serve U.S. clients. I wont name it here because I dont want to be called a 'spammer'. Every U.S serving broker has reviews on this website saying that they're scamming people by disallowing withdrawals, manipulating executions, etc. They're all 'B- booking' most of their clients and have an incentive for their clients to lose. Maybe retail forex trading in general is a scam? I have ascertained that it is not wise to leave too much money with any broker, theres many horror stories on this website of people leaving 100 + thousand dollars with their broker and the broker doesn't allow them to withdraw it. I wouldnt leave more than 1 k profit(above my deposit) with any broker. I plan to withdraw regularly up until the scam starts(telling me I'm news trading, arbitrage, etc to keep my profits and kick me out). Despite all its faults I was going to just use Oanda but their leverage is too low for me to make any decent money(remember I'm not putting too much money into any broker).
Do your research and make sure you double check before handing any money over
 

V_Minh_T

Private, 1st Class
Messages
49
I have not yet started a live account with any broker because I've been researching first. From my research for the past two weeks, there is only one broker that seems transparent and upstanding and it does not serve U.S. clients. I wont name it here because I dont want to be called a 'spammer'. Every U.S serving broker has reviews on this website saying that they're scamming people by disallowing withdrawals, manipulating executions, etc. They're all 'B- booking' most of their clients and have an incentive for their clients to lose. Maybe retail forex trading in general is a scam? I have ascertained that it is not wise to leave too much money with any broker, theres many horror stories on this website of people leaving 100 + thousand dollars with their broker and the broker doesn't allow them to withdraw it. I wouldnt leave more than 1 k profit(above my deposit) with any broker. I plan to withdraw regularly up until the scam starts(telling me I'm news trading, arbitrage, etc to keep my profits and kick me out). Despite all its faults I was going to just use Oanda but their leverage is too low for me to make any decent money(remember I'm not putting too much money into any broker).
As far as I know, you can expect a high leverage only from offshore brokers, because in EU and US the leverage is also regulated. But unfortunately offshore brokers can not serve US citizens
 

Raphael Y

Private
Messages
12
As far as I know, you can expect a high leverage only from offshore brokers, because in EU and US the leverage is also regulated. But unfortunately offshore brokers can not serve US citizens
Hello V_Minh_T- Brokers like LQDFX, Coinexx, Hugosway, etc do serve U.S citizens. So I'm a little confused at your comment?
 

sarah2701

Recruit
Messages
53
I do not think that every broker is a scam, do research about the broker before funding the account.
 

nahiyar

Private, 1st Class
Messages
875
No, every broker is not a scammer. However you can not believe on every broker who is doing business. In USA too you can be trapped by scammers because many brokers are not regulated and legal. A trader has to search before making any investment decision. o to famous and regulated brokerage companies and do trading with confident so that your funds will remain safe and you can withdraw easily any time.
 
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