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EUR/JPY is one of the major crosses. The volume might not be as high as EUR/USD or USD/JPY, but it is certainly traded regularly in the spot FX market. Why would this "German" pay two spreads when he can do it directly with one spread?

Thanks, Chad. Actually, I live in Canada, but I am in Bellingham one or two days per week. Seattle isn't too much further.

Thanks, Chad. Which licenses are required, Series 7 only and/or others? What is the minimun capital requirement? Any plans to open up an office in the Pacific North West?

Is it possible to trade E-minis only at ECHOtrade? What other fees, if any, in addition to this $2.99 per side? Are there any advantages to trade via ECHOtrade compared to retail with IB, Advanced, etc.?

Euro is the new European currency that was introduced in Jan 1, 1999. Eurodollar is a certificate of deposit in US dollars held outside of the USA, mostly in London banks.

Sorry... I didn't realize this thread was in the Futures forum. OANDA is a spot FX market maker. They don't handle futures contracts.

For someone new to FX, I highly recommend OANDA. The demo works just like the real thing. There are a lot of small players there because unlike other firms you can trade from 1 unit to 10,000,000 units per ticket. Other firms have standard size of 100,000 units. There are also firms that...