About Author

Yohay Elam – Founder, Writer and Editor I have been into forex trading for over 5 years, and I share the experience that I have and the knowledge that I’ve accumulated. After taking a short course about forex. Like many forex traders, I’ve earned the significant share of my knowledge the hard way. Macroeconomics, the impact of news on the ever-moving currency markets and trading psychology have always fascinated me. Before founding Forex Crunch, I’ve worked as a programmer in various hi-tech companies. I have a B. Sc. in Computer Science from Ben Gurion University. Given this background, forex software has a relatively bigger share in the posts.

13 Comments

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  13. Me Tarzan on

    This is confusing. Above article claiming “It’s 100% legitimate.” for U.S. clients to have an offshore FOREX account. And, yet according to Market News, Jun 02 2017:

    CFTC files a suit against forex broker Tallinex for accepting US clients

    excerpt:

    “The US Commodity Futures Trading Commission (CFTC) has filed a lawsuit against offshore forex brokerage Tallinex for illegally soliciting and accepting at least $1.5 million from US clients.

    According to the laws in the US, only brokers registered with NFA and regulated by CFTC are allowed to accept and deal with US residents as clients.”