In contrast to mutual funds, which are professionally managed on behalf of many mutual-fund holders, managed accounts are personalized investment portfolios tailored to the specific needs of the account holder. Why are they fleeing to offshoreforex brokers and offshore forex managed accounts. Because two alphabet soup agencies(NFA and CFTC) in the U.S.A.
have applied freedom and wealth robbing restrictionsto forex trading in the U.S. About three or four of these restrictions have been made lawalready in spite of the outpouring of pleas coming from the forex traders who are goingto lose valuable income as a result of them. Photo - by the Barclay Currency Trading Index as the second best performing forex trader in the world, Jarratt Davis has built an excellent reputation amongst retail traders due to his break-through educational forex resources.
A good number of international Forex brokers operating offshore do not accept US residents to open account with them. A good number of these brokers are the regulated ones. The reason for this will become very clear as we tackle every reason. There are strict regulations that limits doing business with US citizens. Most of these regulations originate from the US government. Fortunately, these regulations do not completely forex managed accounts for us citizens health international brokers from accepting us citizens.
There are a good number of offshore international Forex brokers that accept US citizens. Below is the primary reason why some offshore international Forex brokers do not accept US citizens.Dodd-Frank ActThe Dodd-Frank Act is the most recent federal statute which president Obama signed into law. It was established in 1971 with the abolishment of fixed currency exchanges.
Any person, firm, or country may participate in this market. If you compare its trading volume to that of the New York Stock Exchange, it is about 80 times bigger.What is traded on the Foreign Exchange. The simple answer is money. Forex trading is the simultaneous buying of one currency and the selling of another. Currencies are traded through a broker or dealer. Think of buying a currency as buying a share in a particular country. EasyRotator is supported by the XML Flash Slideshow v4 Software.OKRotator powered by EasyRotator, a free and easy jQuery slider builder from DWUser.com.
This means the firm trade stocks, bonds, currencies, commodities, derivatives and forex managed accounts for us citizens health financial pro.
Us health managed citizens forex for accounts