Brokers for non us citizens

#1

Darrell,

As i live outside US (BRazil) i am not able to trade in nadex yet.

So is there any other broker that allows me to trade binaries and exit the position before the expiration time? Does IG MArkets allows this?

p.s. i am looking forward to join p3 service but i cant while nadex is not available.

Thanks Rodrigo.

#2

IG markets allows this on their daily price ladder binaries. You can do news strangles and you can do premium collection trades, but the core trades would be very difficult without nadex.

#3

Ok Darrell Thanks. Do you know if there is any update on how nadex will be available to foreigners? Also, to equalize risk for the p3 i would like to know in advance if the day is going to have 1 or 5 signals. Is this possible, i.e., do i know beforehand how much signals there will be in a day?

Thanks Rodrigo

#4

Thanks ffpm03 for the help! Much appreciated .

I am looking forward to join this boat, but i have to wait until nadex is available for people outside the US.

Thanks Rodrigo

#5

Make sure they are an ECN broker with NFA regulation - ie FXCM through NTB futures or interactivebrokers.com

#6

Hi, Is Nadex avaliable to those of us outside the US yet? If not could you please recomend the best broker for me as an Australian resident? Thanks Marty

#7

Unfortunately not yet.

IG markets allows has daily price ladder binaries. But they don’t allow limit orders for entry exit its all at market.

#8

IG MArkets is really a spread trading firm, they have binaries but its not the same as nadex

Hopefully Nadex opens up to the world down the road

#9

Very true… not as many strikes markers expirations on price ladders on I G.

Hopefully fcms will be on soon and then they can open up internationally.

#10

Very true… not as many strikes markets or expirations on price ladders on I G.

Hopefully fcms will be on soon and then they can open up internationally.

#11

Any updates about FCMs for international customers, I can’t find any details online, I’m desperate to join Nedax ?

#12

We will announce it to all members via email twitter etc… when there is an update. As of now the only update is that it is in process and moving forward but no definitive ETA.

In the meantime, we do train how to trade futures, forex, CFD’s etc… and you could use IG Index price ladder binaries for many of our strategies.

#13

I have read that Nadex have had approval to allow FCM s since April 2010, but if they are still no closer 4 years later then I guess I have to give up my hopes. Shame there was another $200 a month for your membership here if I could have joined the exchange.

#14

Note sure why you think they are no closer. Things are just more complex than one things they are with regulations, new dodd frank stuff, CFTC classifications, back end easy risk management software and more.

If you feel you must trade nadex and nadex only you can setup an entity if you want to trade nadex here in the US with a US entity, us bank account US ID number. Contact nadex for more information on this.

Or you can trade on IG or you can trade CFD’s futures, forex, stocks, options etc…

There are many choices no reason to think you can’t trade just because one thing is not available to you.