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Tag Archives: non-US brokers
Algo Bot Brokers 101
The writer shares their experiences with international brokers, highlighting the need for high leverage for algo trading bots. OX Securities is recommended as a welcoming international broker for US citizens. Details on depositing and withdrawing money, limitations on FX accounts, and preference for separate withdrawal accounts are also provided, offering practical insights and tips for success. Continue reading
Posted in algorithmic trading, Broker Issues, Gold Digger, The Fed
Tagged algo-trading, forex-trading, non-US brokers
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Braking For Foreign Brokers
Many US algo traders use OX Securities as their first broker. However, finding a second broker that allows comfortable money transfers complicates this plan. US brokers don’t offer the necessary leverage, and international brokers may be hesitant to work with US residents. Account setup and money transfers also present challenges. Continue reading
Posted in algorithmic trading
Tagged algo-trading, forex-trading, high levered brokers, non-US brokers
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