hedging

[beranka]

Are there no reliable non NFA brokers that will accept hedging for US accounts? Its a tragedy that you have to move outside the US borders to compete on an equal level with the rest of the world!

 

[Matt Miller]

finfx.fi and smarttradefx are the only two I know of, per recommendations of others on this forum. I use smarttradefx now and everything seems to be going well.

 

[Pharaoh]

While improving their protection of us, the CFTC and NFA are also adding rules that tie traders hands.

I've heard that some US brokers allow intra-day hedging. At rollover, the positions change to a net position on the pair. To bad. The main reason I would hedge is to place short term trades in one direction while allowing my long term trades to run. This would wreck my long term trades if I left any short term ones open overnight.