If you’ve had a chance to read about the new NFA regulations concerning Forex trading through US based brokers, then you know that traders have a serious adapting process to go through. It’s basically a FIFO rule where the first trade you make in a given pair has to be closed before any other trade in that same pair.
Due to that, US based brokers are no longer allowed to accept the following orders:
- Stop Loss orders
- Limit Orders
- OCO orders (one cancels the other)
Some brokers reacted rather badly to this, either removing all these types of orders from their system or shifting their clients to overseas brokers, both of which aren’t good options for us.
However, it seems that there is a solution to this problem which will allow you to continue trading Forex as you’re used to. Watch this short video to see how: NFA Regulations Solution Video
I’m pretty sure that no one will be trading without this new method in the post NFA regulations world.
I recommend watching the video ASAP to make sure you’re not left behind on this: