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Any US Forex+Crypto broker with web API and low deposit?
Good morning/day/evening all! My question is the title. Deposit requirement is anything less than 1000 USD. If the API were RESTful/JSON that would be ideal, but anything I can connect to with Python is fine. Leverage would be a bonus but optional. I've looked at maybe 2 dozen brokers so far and I'm getting exhausted lol I'm aware of Metatrader, obviously, but I don't really want to learn a whole new language to do the very simple things I'm trying to do (plus I run Linux, so I don't really trust the stability under WINE). My dream broker would be one that offers the above, plus metals & stocks. But that may be a pipe dream. Thanks for reading and any insight!
I'm filing my US income tax with income from Forex and was wondering if I can deduct the cost of hosting services and tech service that I needed to trade from the Forex profit, or should be enter as a deduction from the overall income. Forex profit = 3,600 ........what my broker statement reported Cost of tech services =2,600 ........indirect cost but have receipts Do I enter each desperately or just report profit as 1,000
If I am a US resident but use a broker outside the US which accepts US clients are my winnings technically illegal if my broker doesn’t abide by maximum leverage, FIFO, and hedging/netting laws? Or if I trade with an unregulated broker at all is that illegal? As long as I pay taxes on my winnings right? Thanks in advance.
Any US forex brokers that allow stop bid buy orders and stop offer sell orders?
As an ex prof FX trader I'm horrified that places like Oanda trigger buy stop orders off the offer and vice versa. That is criminal. Are there any US brokers that allow stop bid and stop offer orders? I see dukascopy allows them but they don't allow US customers. Thanks
Question for those of you who have filed forex profits on your taxes before: Do you guys make quarterly payments to the IRS as would be required if you were running your own self-employing business?
Python Web Scraping: Need help writing this code without repeating it 26 times
I'm writing this web scraping program that takes the forex retail trading sentiment from IG Markets and displays it in the console. Here's the code I got so far:
This code is for 2 pairs, however, I need the output for 26 pairs and I don't want to type the url 26 times. Is there a way to do this? I was thinking lists or dictionaries but don't know where to start. BTW, I'm new to programming, I just read Automate the boring stuff up to the web scraping chapter and that's how I wrote this. Thank you. EDIT: I got it pair_list = ['eur-chf', 'eur-aud', 'eur-jpy'] for i in range(len(pair_list)): retail_positions = getIGsentiment('https://www.ig.com/us/forex/markets-forex/' + (pair_list[i])) pair = pair_list[i] print(pair, retail_positions[0:32].rstrip() + '.')
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Dollar's dominance to slowly melt away over coming year: Reuters poll
This is the best tl;dr I could make, original reduced by 70%. (I'm a bot)
BENGALURU - The dollar's dominance will slowly melt away over the coming year on weakening global demand and a sombre U.S. economic outlook, according to a Reuters poll of currency forecasters whose views depend on there being no second coronavirus shock. While there was a dire prognosis from the top U.S. medicalexpert on the coronavirus' spread, the June 25-July 1poll of over 70 analysts showed weak dollar projections as Fed Chair Jerome Powell on Monday reiterated the economic outlook for the world's largest economy was uncertain. Currency speculators, who had built up trades against the dollar to the highest in two years during May, increased their out-of-favour dollar bets further last week, the latest positioning data showed. About 80% of analysts, 53 of 66, said the likely path for the dollar over the next six months was to trade around current levels, alternating between slight gains and losses in a range. The dollar index, which measures the greenback's strength against six other major currencies, has slipped over 5% since touching a more than three-year high in March. When asked which currencies would perform better against the dollar by end-December, a touch over half of 49 respondents said major developed market ones, with the remaining almost split between commodity-linked and emerging market currencies.
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