If you are scalping I would look at Currenex platform with a solid bank/broker providing you the credit to use the platform.
Mostly 1 pip on majors, except cable 2 pips and you can now open accounts for as little as 40-50 k USD at some places.
You have to pay a commission to use the platform...
GKISHOT,
I am referring to most options, that means most of all options.
If you do some research you will find out that most options do in fact expire worthless. Everybody who have been trading/investing options knows that.
FX options tend to be very expensive due to the wide spreads at most brokers, which means the option price has to make a considerable move to give you a profit. Therefore I would not recommend using options unless you are very experienced. The fact is that most options expire worthless and...
I agree with you guys about moneytec.
I have had sevelral posts removed due to the fact that I have supplied information that obviously the brokers don't want people to see. Another thing is that I advice you guys to really look into what brokers to use. I have heard many horrible stories about...
Of course the online traders are trading at a disadvantage to interbank market. But using the right trading system and risk management you can make good money in this market. I am making good returns on my equity.
I am trading FX sport market, trading mostly majors. I am working as a currency strategist; trading, providing trading signals and making my own trading systems.
What about you?