OFFSHORE FOREX BROKERS ACCEPTING
US CLIENTS IN 2019

Are you looking for Leverage > 1:200, No Hedging restrictions, No FIFO Rule, No EA trading restrictions, less hassle and greater trading results? Then, you are at right place! Find here the best offshore Forex Brokers Accepting US Clients in 2019!

Forex Brokers for US Clients in 2019

NO. 1  BROKER

94

Conditions

Support

Reputation

V. Good

V. Good

V. Good

94

AAA

Why choose PaxForex?

1. Daily Market Analysis by email.

2. Excellent Trading Conditions – Spread from 0 Pips, Leverage up to 1:500, No Requotes.

3. No FIFO Rule, Hedging Allowed, Scalping Allowed, EA Trading Allowed.

4. Accept Bitcoins, Ethereum.

5. Only $10 min. deposit requirement to start Live Trading.

6. FX –  58 and CFD – 09 Instruments.

7. Promotions – No Deposit Fee, 100% Bonus, $7 Free Welcome Bonus; Free VPS.

8. 24*5  Multilingual Live Chat Support.

25 more Reasons to choose PaxForex

LQDFX is the Best Offshore Forex Broker for US Citizens in 2019

NO. 2  BROKER

90

Conditions

Support

Reputation

V. Good

V. Good

V. Good

94

AAA

Why choose LQDFX?

1. Excellent Trading Conditions – Spread from 0 Pips, Leverage up to 1:500, Lightning Fast order execution, No Requotes.

2. No FIFO Rule, Hedging Allowed, Scalping Allowed, EA Trading Allowed.

3. Accept Bitcoins. 

4. Only $20 min. deposit requirement to start Live Trading.

5. FX –  47 and CFD – 30 Instruments.

6. No Deposit Fee, 100% Bonus.

7. 24*5 Multilingual Live Chat Support.

25 more Reasons to choose LQDFX

LMFX is the Best Offshore Forex Broker for US Citizens in 2019

NO. 3  BROKER

85

Conditions

Support

Reputation

Good

Good

V. Good

85

AA

Why choose LMFX?

1. Learn from Chief Market Analyst about Daily Market predictions.

2. Excellent Trading Conditions – Spread from 0 Pips, Leverage up to 1:1000, No Requotes.

3. No FIFO Rule, Hedging Allowed, Scalping Allowed, EA Trading Allowed.

4. Stay up-to-date with LMFX’s Economic Calendar.

5. Only $50 min. deposit requirement. 

6. FX –  48 and CFD – 32 Instruments.

7. No Deposit Fee, 100% Credit Bonus and 15% Recovery bonus.

8. 24*5 Multilingual Live Chat Support.

25 more Reasons to choose LMFX

Offshore Forex Broker for US Citizens in 2019

NO. 2  BROKER

90

Conditions

Support

Reputation

V. Good

Good

V. Good

90

AA

Why choose LQDFX?

1. Excellent Trading Conditions – Spread from 0 Pips, Leverage up to 1:500, Lightning Fast order execution, No Requotes.

2. No FIFO Rule, Hedging Allowed, Scalping Allowed, EA Trading Allowed.

3. Accept Bitcoins. 

4. Only $20 min. deposit requirement to start Live Trading.

5. FX –  47 and CFD – 30 Instruments.

6. No Deposit Fee, 100% Bonus.

7. 24*5 Multilingual Live Chat Support.

25 more Reasons to choose LQDFX

Forex Broker Accepting US Clients in 2019

NO. 1  BROKER

94

Conditions

Support

Reputation

V. Good

V. Good

V. Good

94

AAA

Why choose PAXFOREX?

1. Daily Market Analysis sent by email.

2. Excellent Trading Conditions – Spread from 0 Pips, Leverage up to 1:500, No Requotes.

3. No FIFO Rule, Hedging Allowed, Scalping Allowed, EA Trading Allowed.

4. Accept Bitcoins, Ethereum.

5. Only $10 min. deposit requirement to start Live Trading.

6. FX –  58 and CFD – 09 Instruments.

7. Promotions – No Deposit Fee, 100% Bonus, $7 Free Welcome Bonus; Free VPS.

8. 24*5  Multilingual Live Chat Support.

25 more Reasons to choose PAXFOREX

Forex Broker Accepting US Clients in 2019

NO. 3  BROKER

85

Conditions

Support

Reputation

Good

Good

V. Good

85

AA

Why choose LMFX?

1. Learn from Chief Market Analyst about Daily Market predictions.

2. Excellent Trading Conditions – Spread from 0 Pips, Leverage up to 1:1000, No Requotes.

3. No FIFO Rule, Hedging Allowed, Scalping Allowed, EA Trading Allowed.

4. Only $50 min. deposit requirement. 

5. FX –  48 and CFD – 32 Instruments.

6. No Deposit Fee, 100% Credit Bonus and 15% Recovery bonus.

7. 24*5 Multilingual Live Chat Support.

25 more Reasons to choose LMFX

Why do US Clients need an offshore Forex Broker? Explore here some interesting facts!

Why do US citizens need offshore Forex Brokers?

Do you remember the Great Financial crisis of 2008?

After the big US banks went bankrupt at the height of the financial crisis, watchdogs like CFTC and NFA decided to make amendment in Regulation to fill loopholes of Financial sector.

Forex Brokers in the US are regulated by the National Futures Association (NFA) and the Commodities and Futures Trading Commission (CFTC). The regulatory framework set out by these 2 bodies are often found too strict for FREE TRADING compared to other regulatory bodies around the globe.

Restrictions/Limitations imposed by CFTC and NFA on US based Forex Brokers:

1. Low Leverage : Maximum Leverage allowed by US Forex Brokers is just 1:50. This means that US Citizens have no leverage advantage in comparison to other global traders who enjoys leverage from 1:100 to 1:2000 with offshore Forex Brokers.

2. No Hedging & FIFO : US based Forex Brokers DON’T allow Hedging and they must implement FIFO (First In First Out), which means if you open more than one position on a currency pair, you must close the first before closing the second one, which is not-so-straightforward way of preventing hedging. There is no such FIFO rule while trading with best offshore Forex Brokers.

3. OFAC Restriction : The Office of Foreign Assets and Control (OFAC) has placed limitations on who US Forex brokers can accept as a client. US Citizens need to go through hassle of long checklists before opening account with US Forex Brokers.

4. Credit Card Restriction : US Citizens are not allowed to use their Credit card to fund their Forex Trading account.

5. No Value Added Services : US based Forex Brokers are bound by stringent laws and regulations which prevent them from offering much flexible & value added trading services to US Citizens. But, offshore Forex Brokers accepting US Clients can offer these helpful trading services without much restriction.

Why many Forex Brokers are saying NO to US Citizens?

Mostly because Dodd-Frank Act requires that Forex Brokerage company who wants to do business with US Clients must first be registered with both CFTC and NFA. Many offshore Forex Brokers find this very difficult and costly operation with tedious reporting requirements.

Just license fee of NFA and CFTC is 20 million USD compared to max. 1 Million USD licence fee of other reputed juridictions like FCA (UK), ASIC (Australia), FSP (New Zealand) and CySec (Cyprus).

To avoid such high fee, high operational expense and paper mess, offshore Forex Brokers just stopped accepting US Citizens. It is easier for them to decline the US Citizens than incur the unforeseen expenses.

So, Dodd-Frank Act is the primary reason that has forced offshore Forex Brokers to decline US Citizens.

Why some offshore Forex Brokers are still Accepting US Clients?

Good News!!!!

Despite the regulation, US Clients CAN STILL open a Forex trading account with Offshore Forex Brokers who are NOT registered with NFA and CFTC.

Yes, it’s possible.

1. US regulation (CFTC) has signed Memorandum of Understanding (MoU) with many foreign governments. These agreements (MoU) have effectively allowed US regulation to pressurize other country’s regulation (who signed the MoU agreement) to decline US Citizens from opening a Forex trading account with Forex Brokers licensed in their jurisdictions.

But, still there are many countries who HASN’T signed this MoU agreements with US regulations. And US regulation has no tentacles deep inside these country’s government to pressurize offshore Forex Brokers from accepting US Clients.

So, Forex Brokers who are licensed by regulatory bodies of such governments or who are registered in countries where such licensing is not required, such Forex Brokers are STILL accepting US Clients.

2. Under the current law, the CFTC has no authority over Individual Traders who trade through offshore Forex Brokers that are beyond the reach of US regulation. The US government claims the authority, through the IRS, to require US Citizens to report offshore accounts which people hold, bank accounts, brokerage accounts, etc, which has been automatically reported under FATCA (Foreign Account Tax Compliance Act) started in July ’14. But, they cannot yet prevent US Citizens from having those accounts. Remember the Act affects the brokerage but not you as an individual, as long as you report what is required to IRS.

Why US citizen should trade with offshore Forex Broker?

1. Freedom : Offshore Forex Brokers accepting US Clients conduct all their major operations overseas and set up headquarters in a place that does not have a large number of regulations and constraints, which means offshore Forex Brokers can offer leverage from 1:100 to 1:500, No FIFO Rule, No Hedging Restrictions, No Scalping Restrictions, No EA Trading Restrictions.

2. Greater Results : Because of better Trading conditions & Execution quality chances of making greater results for US Citizens increases with best offshore Forex Brokers.  

3. Less Hassle : US Citizens do not have to meet a lot of requirements with offshore Forex Brokers accepting US Clients as opposed to the list of boxes that they have to tick if they opt for US Brokers.

4. Excellent Trading Conditions : Because of High competition offshore Forex Brokers offers tight spreads, lightning fast execution, better leverages that enhances US Citizens trading experience and give them more opportunity to fulfill their financial goals.

5. Valuable Promotions : Offshore Forex Brokers offer valuable promotions (Bonuses, Free Deposits, Free VPS, Free Analysis tools) that US Citizens might not otherwise get with US Brokers. This is because they are registered in Tax Heaven and can transfer some portion of Tax savings to US traders.

6. No Limitations : With best offshore Forex Brokers there are No limitations whatsoever which means that US Citizens can take up any trade that appeals to them and use any technique or strategy that they think fit.

List of Best offshore Forex Brokers Accepting US Clients in 2019

Having explained below, fortunately, US strict regulations DO NOT COMPLETELY STOP offshore Forex Brokers from accepting US Citizens. Find below list of TOP 3 best offshore Forex Brokers in 2019 that accept US Citizens as their clients –

1. PaxForex

Accept US Citizens, Min. Deposit – $10 ; Max. Leverage – 1:500; 100% Bonus; Free VPS; 24*5 Live Chat Support; FX – 58 Instruments & CFD – 09.

For more information Click here

2. LQDFX

Accept US Citizens, Min. Deposit – $20, Max. Leverage – 1:500, 100% Bonus, Fast Withdrawals, 24*5 Live Chat Support, FX – 47 Instruments & CFD – 30.

For more information Click here

3. LMFX

Accept US Citizens, Min. Deposit – $50 ; Max. Leverage – 1:1000; 100% Bonus; 16% Rescue Bonus; 24*5 Live Chat Support; FX – 48 Instruments & CFD – 32.

For more information Click here 

If you enjoyed this post and it helped you in finding the best Offshore Forex Brokers accepting US Clients, I’d be very grateful if you’d help to spread it by emailing this link – https://www.dojiforex.com/forex-brokers-accepting-us-clients/ to your friends or fellow US Forex traders, or sharing it on Twitter or Facebook to create awareness about freedom, flexibility and earning opportunities with these best offshore Forex Brokers for US Clients. Thank you!

Happy Trading Tradesties. 

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