The Forex Trading Group is for traders of the Forex Market. It includes forum discussions, image... View more
PublicCommunity Trading Group
Community Trading Group Administrator:
The Forex Trading Group is for traders of the Forex Market. It includes forum discussions, image galleries, Trading Signals and suggestions. Traders can follow other traders to copy their trades, they can discuss privately between traders.
Your friend is right and wrong, if you are based (a resident or citizen) in the US then yes they are illegal to trade. There are a few other countries that make it illegal to trade CFD’s and they include Hong Kong and India. You mention that you might be interested in taking a challenge with a Prop Firm, this is an interesting point here. If you pass the challenge you will be ‘working’ for a Prop Firm, so in essence you will not be risking your own money so this falls outside of the regulators domain. However I would check with the Prop Firm before you sign up.
There was a problem reporting this post.
Please confirm you want to block this member.
You will no longer be able to:
See blocked member's posts
Mention this member in posts
Invite this member to groups
Message this member
Add this member as a connection
This action will also remove this member from your connections and send a report to the site admin.
Please allow a few minutes for this process to complete.