Seriously considering to start trading Forex. What brokers does Jow Forums recommend?

After the financial crisis the dems wanted to put in regulations and they sold it to us as "this will help prevent another financial crisis" but in the regulations have exemptions if you have more than $10 million in assets, so in reality the regulations on restrict us, you'd think they think of us as serfs. The most onerous parts of the regulations are:
Force us to close in a retarded order (first in first out) so its impossible to hedge and/or build into your position.
The only two brokers available dont give you access to the "real" forex market, you're just trading their video game that simulates whats going on in the real forex market. We have very very limited liquidity options versus citizens of other countries, they can trade directly in the "real" forex interbank venues like Currenex, or Integral etc.
In Obama's last months they shut down two brokers, leaving only two remain and they have been caught and fined many times fucking their customers.
Brokers in other countries insure their deposits, we used to have brokers like that here until they got shut down so now our deposits are at risk. But they made the regulations to protect us somehow.
I've tried looking at forming a offshore shell company but the lawyers I looked at said you cant use that to bypass the regulations.

en.wikipedia.org/wiki/Gary_Gensler
served as the 11th chairman of the CFTC under President Barack Obama from May 26, 2009 to January 3, 2014.
He was the chief financial officer for Hillary Clinton's presidential campaign.
While serving as chairman of the CFTC, Gensler led the effort to pass and implement comprehensive oversight of the swaps market, which was at the center of the 2008 financial crisis.

Chairperson of the Commodity Futures Trading Commission
In office
May 26, 2009 – January 3, 2014
President Barack Obama

Under Secretary of the Treasury for Domestic Finance
In office
April 1999 – January 20, 2001
President Bill Clinton

Assistant Secretary of the Treasury for Financial Markets
In office
September 1997 – April 1999
President Bill Clinton

Political party Democratic

Why not use an unregulated broker that is still solid like lmfx or finprotrading? They accept US and are ecn

Gensler left Goldman after 18 years to enter public service,[15] when he was nominated by President Bill Clinton and confirmed by the U.S. Senate to be the Assistant Secretary of the Treasury

Obama nominated Gensler to serve as the 11th Chairman of the CFTC on December 18, 2008

Gensler was sworn in on May 26, 2009, pledging to work to “urgently close the gaps in our laws to bring much-needed transparency and regulation to the over-the-counter derivatives market to lower risks, strengthen market integrity and protect investors.”
According to Gensler, “[o]nly through strong, intelligent regulation – coupled with aggressive enforcement mechanisms – can we fully protect the American people and keep our economy strong.”
Gensler has been credited with taking the CFTC - a once-sleepy and hands-off regulator[20] - and thrusting it into the front lines of reform.[3] Gensler was described as a “force of nature,” who was “one of the leading reformers after the financial crisis.”

As chairman of the CFTC, Gensler became one of the most feared regulators in Washington.

During Gensler’s tenure at the CFTC, he worked closely with the Obama Administration, United States Congress and other regulators to transform the $400 trillion financial derivatives markets, markets that were at the center of the 2008 financial crisis.[21] Upon becoming chairman, Gensler immediately began leading the Obama Administration’s effort “to start policing the Wild West of finance: the murky market for over-the-counter derivatives.”[10] When the Treasury Department released draft legislation to bring regulatory oversight to the swaps market, Gensler sent a letter to Congress arguing that the proposal did not go far enough

Binance

By the spring of 2010, the momentum in Congress was toward Gensler’s vision for derivatives oversight,[9] and Congress passed comprehensive reform as part of the Dodd-Frank Wall Street Reform and Consumer Protection Act in July 2010.

After the passage of the Dodd-Frank Act, Gensler led the CFTC’s effort to write the rules required to regulate

Gensler has been active in Democratic politics, having served as treasurer of the Maryland Democratic Party for two years,[5] and holding several senior roles on the Maryland campaigns of U.S. Senator Barbara Mikulski D, former Lt. Gov. Kathleen Kennedy Townsend D, and Gov. Martin O’Malley D.
During the 2008 presidential campaign cycle, Gensler served as a senior advisor to Hillary Clinton’s presidential campaign and later advised the Obama campaign.
In May 2015, Gensler was named chief financial officer of her campaign for the Democratic nomination.

He became a regular presence on Capitol Hill that year, lobbying lawmakers to bolster what ultimately became the Dodd-Frank Act, the regulatory overhaul passed in response to the crisis. The day in 2010 that Dodd-Frank became final he stayed past 4 a.m. to put the finishing touches on the law

Gary Gensler, Barack Obama’s choice to chair the Commodity Futures Trading Commission, is a longtime player on Wall Street and in Democratic circles in Maryland and Washington, DC, who has donated substantially to his party.
Long active in national and Maryland Democratic politics, Gensler became treasurer of the Maryland Democratic Party in 2003. He subsequently sought the chairmanship
A major Democratic donor, Gensler has contributed more than $220,000 to Democratic party candidates
During the 2008 presidential primary battle, Gensler served as senior economic advisor to the Hillary Clinton campaign. Soon after Clinton’s campaign folded, he became an Obama fundraiser and adviser, and was in charge of the Obama transition team reviewing the Securities and Exchange Commission (SEC).

>they think of us as serfs.
they do they have deliberately regressed the US into a 3rd world developing country and have implemented measures to prevent anyone from escaping. US does have a stealth iron curtain in place. its really USSR 3.0.

they even restricted burgers to hold foreign accts- to stop an avalanche of people fleeing the sinking ship. thousands have renounced citizenship in recent years and the numbers keep growing.

the best you can do is move to a foreign cunt that values freedom and renounce your gulag citizenship.

Like I said, they don't offer access to tier1 venues I want to be allowed access to venues like say fore example Currenex that are closer to the interbank market. Venues like that are where the actual interbank market is at, even the central banks execute trades on those venues.
And it's illegal so whenever people have been doing this whenever the broker they chose comes under the crosshairs targeted by the government they end up seizing the money kinda like how they did when they shut down the poker sites they confiscated the customers money too.
And the IRS will really fuck you up the ass with having a foreign account you have to pay extra to remain tax complaint having a offshore account it really sucks.

There are some excerpts from other articles, I know y'all dont like to read but the main takeaways are some life long member and donor to the democrat party donated to obama and then got appointed by him and then went to work aggressively introducing and enforcing new regulations that only apply to us serfs.

well, yeah. yiddish have always looked down on the goyim. we were always stupid goyim serfs to (((them))), and now that they are in power, we are just beginning to feel what serfdom is like.

protip: obonobo was a soros puppet

The other guy they brought in was also a long time servant to the democrats
cftc.gov/About/Commissioners/MarkWetjen/index.htm
Mark P. Wetjen was nominated by President Barack Obama to serve a five-year term as a CFTC Commissioner in March 2011
Mr. Wetjen was unanimously elected to serve as the CFTC’s acting chairman upon the departure of the previous chairman, Gary Gensler
As a commissioner, Mr. Wetjen has worked tirelessly to implement the Dodd-Frank Act, one of the signature accomplishments of President Obama
and crafting over fifty proposed and final CFTC rules and orders to govern, and in many ways reshape, the swaps and futures markets.
Prior to joining the CFTC, Mr. Wetjen worked for seven years in the U.S. Senate as a senior leadership staffer advising on all financial-services-related matters, including the Dodd-Frank Wall Street Reform and Consumer Protection Act of 2010. Mr. Wetjen also advised Senator Harry Reid(D) and members of the democratic caucus on a number of banking, housing, communications, technology, and gaming policy issues and legislative initiatives.

Garbage man, bartender, lawyer… CFTC commissioner? Meet Mark Wetjen
He’s worked as a garbage man, lawyer and bartender, but despite being called one of the most popular aides in the US Senate, little is known away from Capitol Hill about the man who will likely become the newest commissioner.
Anyone that had hopes for revealing insight on Mark Wetjen, Obama’s pick to be the next CFTC commissioner, during this week’s Senate confirmation hearing was probably left somewhat disappointed this week.
During Thursday’s Senate Agriculture Committee hearing, Wetjen made the same promises a lot of potential job candidates make.
In essence, it was like any other job interview.
Well, it was like any interview that includes the leader of the US Senate popping in to give a glowing reference.
“He is just a fine young man,” Senate Majority Leader Harry Reid, a Nevada Democrat and Wetjen’s boss for the past seven years, told the committee as he briefly sat next to Wetjen at the start of the hearing.
Reid called Wetjen one of the most popular staffers on Capitol Hill and Senator Mary Landrieu, a Lousiana Democrat, and the US Chamber of Commerce both submitted letters of recommendation for Wetjen.

Wetjen, one of the four current CFTC commissioners, played a key role in implementing the 2010 Dodd-Frank law overhauling financial regulation.
Wetjen has helped push through controversial regulations aimed at protecting consumers under the Dodd-Frank law, which allowed the CFTC to take a tougher stance on a number of issues, including regulating derivatives

In a statement, CFTC Chairman and fellow Democrat Tim Massad noted Wetjen’s efforts to regulate the financial markets.

“When Mark arrived, the commission was just beginning the task of implementing the congressional mandate to regulate the swaps market,” Massad said. “Today, thanks to Mark’s help, the commission has a framework in place
Aside from the chairman, only Democrat Sharon Bowen remain as commissioners.

notice, all democrats

en.wikipedia.org/wiki/Timothy_Massad

Chairman of the CFTC
In office June 5, 2014 – January 20, 2017
Political party Democratic

In November 2013, President Barack Obama nominated him to be CFTC chairman.
President Barack Obama announced he would nominate Massad to be chairman of the CFTC. That post became vacant on Jan. 3, 2014, when Gary Gensler stepped down.

Massad is a longtime donor to the Democratic National Committee and to Democratic candidates, including Obama

You know they implemented a so called exit tax? The IRS follows you around collecting taxes decade after you renounce citizenship.

sounds like the Stasi or Gestapo. when did US become Soviet?

coincidentally around the time power transferred from WASP to Trotsky Neocohens from Eastern Europe (Yiddish)

Why not FXPIG?

I've never heard of it before. It's a multi bank platform and aggregator? At first glance it looks really interesting, especially SPA.

They are trying to build a brand around the idea of prime broker made available to retail?
So SPA is like a multi bank platform and MPA is like a ECN and aggregator?

btw for the curious, the fine print:
>FXPIG does not open or maintain accounts for...U.S. based entities or residents whom are classified as retail...clients as per the most recent definition of such by the CFTC.
IIRC their definition of "retail" is anything less than $5m. But it is interesting that FXPIG is going based on the "retail" regulation and not the "eligible contract participant" (ECP) regulations which would require $10 million. Most foreign brokers I've seen that will open accounts for americans will only allow it if they meet the ECP requirements.

OANDA is a good start. Very low spreads and minimal fuckery going around.

www.investpro-online.com

This one legit. fixed spread

>fxpig

if you participated in the coinmetro ico you would have a lifetime discount on fxpig fees

How do I explain what a spot price is to normies without confusing them?

The price at which you can buy foreign currency to go on vacation there to post pictures on insta to get likes.