US Legal?

Bluefeather
Bluefeather Posts: 2
Hello, My name is Jimm. Is it legal for US traders to trade with an offshore broker? Thank You.:)

Comments

  • Okane
    Okane Posts: 1,282 admin

    Hello, My name is Jimm. Is it legal for US traders to trade with an offshore broker? Thank You.:)

    Offshore brokers are not allowed to accept US citizens.
    Some offshore brokers will ignore this law and still accept US citizens, if you do make business
    with them then there is no help if they take your money.
  • The_Geek_MH
    The_Geek_MH Posts: 860 mod
    all the offshore brokers who will take your money are scams, don't go there. go to nadex. Its the only choice, or else trade real options. or forex.
  • Kerius
    Kerius Posts: 40
    If you will still decide to make a risk then you should consider how you will withdraw your money, I mean in which goal of payment to you they should be cleared. It's also very important thing if you have decided to go that route. Let me know what do you plan ?;)
  • Chillwood
    Chillwood Posts: 63
    I think you can register under something else if you really want to go there. But as many many people already said it will be close to impossible to get something back instead. So I am totally dissapointed of course while such law exists but what to do.
  • Yozshujind
    Yozshujind Posts: 87
    I assume it's realy not allowed for them like many other people already responded to you for that matter anyway. And start to forget about the binary options - they are all scams in one way or another really. Thanks for all that matter here, I hope it all solved already.