Anyone from the USA found a broker that allows trading indices and commodities and/or crypto via MT 5 and Galileo FX? I just purchased the pro version yesterday, but I fear I may be limited to only trading forex, which would be a real bummer. I'm anxious to hear from other USA users. Thanks.
Anyone from the USA found a broker that allows trading indices and commodities and/or crypto via MT 5 and Galileo FX?
- Thread starter Naturist
- Start date
scrappyjedi
Member
OXSecurities is going to be your go to broker for Commodities, they are based in Australia though. Within the US we only have Tasty FX, Oanda and Forex who all do currency pairs.
If going with OX do we need to report it with FBAR form if deposit 40k for example?
Correct, they don't exist. This is further proof of the US strangling the investments of its people. I went to GAlileo specifically because it is not on us soil. Only the rich get rich here. You have to find a way to level the playing field. This is one step. Second, there are no assurances my FX account won't vaporize at any second. So if you wanna play, its dangerous. The one thing US markets try to provide is stability. Crypto, fake, value, fake, cares for your future, fake. Tulips don't trade any more either...
What about IC Markets? Anyone have any experience there? From a review of their site it appears to work with meta 5 and has the ability to trade forex, stocks, crypto, indices. I only gave it a cursory glance. Was hoping someone may have delved deeper.
*self edit* This one is in Seychelles - may not be any better than OX.
*self edit* This one is in Seychelles - may not be any better than OX.
Captainvideo
New member
Naturist, Your go to trading platform is OX for US citizens. They are in Australia. You can use Meta5 on their site.
BuckeyeTrader
New member
I love my country but I really hate the investment restrictions.
I purchased the lowest version of Galileo and glad I did because my main goal was Stocks and there is no US broker compatible with MT5 that I can find. I have tried to play with Forex but the strategies I am taking off the forum are not working, so I have spent quite some time tweaking them. if I had known that I would be limited to FOREX and no access to Stocks, I may have not purchased this bot. I will check OX, maybe I can explore bitcoin to at least make my investment worthwhile.
I agree with you, and am frustrated as well, having been told that "yes you can" line before i bought
I took my frustration and turned it into a challenge. If everything was this simple we'd all be rich. All must be learned and there are concepts that you need even before using Galileo as markets have rules. I learned about the rule against hedging in forex, pattern day trading in stocks. Honestly Forex was an accidental encounter and I prefer it now over stocks. I did open an account with OX so I am playing with setting to do Gold and hopefully some bitcoin, ETH or Solana. Baby steps. For what I paid the personal version I am glad I took the caution and when it starts generating faster profits, I'll upgrade.
JD Vance knows a few Chinese peasants who has the capabilities...
I have studied a lot of the videos,the settings, and asked for advice because I paid extra for it. But to have them look at it you make a appointment and it's a month away. I mean I put in $3500 a year and a half ago and have $3344.76. so I have the pro service and paid for the extra services but when I do have a winning trade I get $14,$29,$7 . I have read a lot and the last customer service person changed things that the guy before done. I wish I could of taken the money for the bot and the money in my account and put it in a vanguard ETF and made 10% . On 6500. I'm very frustrated. I use oanda and you can trade crypto BUT the crypto account is NOT on meta 4/5 so it's useless
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