American here, living in the US.
I've done all of my trading on eTrade, but with the US economy \*ahem\* struggling, this feels like the right time to invest in ForEx.
As far as I can tell, there's no way to do this on eTrade, so I guess I need to set up an account with another brokerage. I don't have a ton of money to start with, though, so can you recommend a brokerage with low minimums and trade fees (like eTrade)?
If I transfer money from eTrade and send it to another exchange, would I have to pay taxes on it?
Is there any other way to invest in ForEx that I should consider?