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  1. W

    Would your rather pay the pip spread or a fee

    Okay, I finally figured it out. So at IB to figure out the commission take the trade size and multiply it by .00002 And there is a minimum of $2.50 so it can not be less than this. Now I see why you used $125,000 as an example because the commission does not reach the minimum until that...
  2. W

    Would your rather pay the pip spread or a fee

    http://www.hotspotfx.com/main.jsp http://www.interactivebrokers.com/en/main.php http://www.mbtrading.com/default.asp HotSpot FX Net Excess Capital: $7,602,534 CTFC Registered NFA Member Min Deposit $7500 Min Contract 100K 50:1 Under $100,000 30:1 Over $100,000 $3 Com. Per 100K 1-3...
  3. W

    Help for a noob

    LOL ... Yes, hurry up and open a live account before you even know what a pip is.
  4. W

    Malibu Beach and Forex

    Being the WaveMaster and all, I'm not sure what you mean by "wave of price". As far as price quotes are concerned.
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    Open interest - long vs short position

    FXCM posts a speculative sentiment index in which they report the long and short positions ratio within FXCM accounts. It is posted once a week on Thursday. http://www.dailyfx.com/story/strategy_pieces/fxcm_speculative_sentiment_index/EUR_USD_Ratio_Hits_Extreme_Levels_1146149551435.html...
  6. W

    Would your rather pay the pip spread or a fee

    CoesFX is the most expensive. HotSpotFX: $3/100K Iteractive Brokers: $2.50/50K MB Tading: $5/100K
  7. W

    One valid reason for trading currency futures

    Currency / Forex Tax "Here is where the big tax uncertainty comes into play. Notice that IRC 988 does not specifically mention that you may elect out of 988 on spot forex. This glaring omission unfortunately leads many tax professionals to shortsightedly concur that spot forex may only be...
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