Is it okay to trade Forex in America with a student visa? -

This coming fall, I will be going to college in America. I m not a U.S. citizen/resident, and so I d have to go with an F-1 student visa, meaning I can hardly work there. But I was wondering if I was allowed to trade in Forex or invest in stocks while I m there.. Is it legal? Because I mean, Forex is technically working internationally.. Please help! I d appreciate sources. The IRS requires banks, stockbrokers, casinos, etc. to report who they paid money to, above a certain amount ($10 to $1,200??) (e.g. interest, dividends, gambling winnings, etc.) via a Social Security or ITIN number. Without a verified number they must withhold some amount (20% to 35% ??) of any funds due you and send them to the IRS to cover any possible taxes due. In your case, you d get a ITIN (from www.irs.gov) to file with these companies and use it to file your US federal income tax form. Being a foreign national student may exempt you from actually having to pay US federal income tax or it may be a credit taken on your native country s tax system. But you ll still need a verified number before you can apply for an exemption or a foreign tax credit. Yes,you can..its legal Curious About The First Commercially Available Stock Trading \quot;Robot\quot; Which Earns $346.77 Per Week (Managing $1000 Capital). lt; http://firewind99.affstocks.hop.clickban... gt; Well i am not sure if that is possible, but you can contact this forex trading company in N.Y and ask them. They of course will be able to answer your question. Just email them or browse their web site to see if you can find the information.. Here is the link: http://www.fxcm.com/ Good Luck!!! Although you are living in the United States as a student, you may still be able to open an account with a company in the UK or other country, and you shouldn t run into any problems. You should definitely talk to the companies you may deal with. You will have to pay your own courtries taxes if you gain income, but that depends on your residence. In the US you receive a 1099 for gains made. You may check this guide from here: http://www.forextradinghelp.biz/getting_... for more information. You might want to check with an accountant or other professional to be sure, but there are brokers out there that are not US based, like www.ac-markets.com or www.moneyforex.com . But make sure that you do take care of appropriate taxes as appropriate to US laws or the laws of your home country. I m not sure. But If you do trade forex, be sure to open an account with a company that is licensed by the National Futures Association (NFA). This is the regulatory body in the United States, that makes sure the companies don t steal your money.