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British Columbia
Experience: Advanced
Platform: NINJA
Broker: ZEN
Trading: Crude
Posts: 1,091 since May 2010
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The issue for many US brokers is the Canadian regulatory framework. The US is regulated by federal agencies whereas in Canada every province has its own securities regulator and regulations, making it very complicated for US brokers to make sure their legal letters are in order. Some have been sued for operating in provinces such as BC where margin requirements are quite stringent. It's not usually an issue at the bigger operations. Advantage probably didn't get back to you because they prefer to deal with experienced traders who aren't about to blow up their accounts, no offence, you sound quite green and probably shouldn't be opening a live account to trade with real money. Been there done that. I currently have an account with Dorman Direct, though am planning to move back to Advantage. I would highly recommend topsteptrader and learning how to pass their live trader test before opening your account. Best of luck.
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