Can US residents use offshore brokers?

Can US citizens use foreign brokerages?

Under Regulation S of the Securities Act 1933, the SEC prohibits – among other things – foreign financial institutions that are not registered and regulated in the US abroad from soliciting US residents as clients. This does not mean they cannot accept US residents.

Can I use a broker from another country?

To sum up, you can open a trading account at an international broker by law, but it is up to the broker whether they provide the service in your country. Let's go further. One advantage of having an international broker account is the foreign market access.

Can I use Videforex in USA?

Videforex in the USA Videforex nor its agents or partners are not registered and do not provide any services on the USA territory. As per the U.S law, brokers regulated by CFTC are the only brokers allowed for the USA traders. So, except for Videforex, you are only permitted to trade with the U.S regulated platforms.25 jun 2020

What is the minimum deposit for Videforex?

The minimum deposit amount is 250$ (or €), and the maximum - 50000$ (or €). Do I have to download any software for trading? There is no need to download something before you can start trading with Videforex. All you need to do is sign up and add funds into your account and you'll be ready to start trading.

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