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    5-7 pips spread

    I suspect you mean the major crosses and 5-7 point spreads. Do you mean pairs such as GBPJPY and the like?
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    FXCM - noone loves them??

    Well, the onus is clearly on FXCM's shoulders to prove that they've changed their previously maligned ways. That being said, their recent marketing certainly suggests that they're serious about becoming a true market leader in many aspects of their business. If it's not all marketing fluff...
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    FXCM - noone loves them??

    In a word, "no". Different traders have different needs. I don't personally trade with FXCM, but I see that they've made quite a few improvements to their business model/dealing through the past year or so. Anyone else care to shed light on the topic?
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    Starting your own Forex MM

    Yep, he did. But he also goes on to mention that it will be strictly managed accounts, which would imply that none of his clients would actually trade their own money. Whatever the case, if you're looking for a broker with which to set up a money management account, I would recommend looking...
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    Starting your own Forex MM

    It sounds like Ivanovich is simply interested in becoming a money manager, not offering broker services to others. Why would he need to become a white label? Whatever the case, there are many firms with which you can set up such a managing account, and the big ones will often offer very easy...
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    Starting your own Forex MM

    Sounds like you would be well-suited to become an Introducing Broker for an existing market maker. If you want to be registered as a money manager, you would need to take the Series 3 and become a registered CTA.
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    Is FXCM Playing Mind Games?

    This from the guy who created an entire thread to talk to himself? http://www.elitetrader.com/vb/showthread.php?s=&threadid=98484 Great.
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    Simulated Forex Daytrading

    All too true.. all too true. Forex is a dog-eat-dog world, but if you keep at it there's little reasonyou shouldn't be profitable over the long run. Good luck.
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    Forex trading - broker

    A significant point to note: RefcoFX was not NFA regulated, though the RefcoFX Canada clients got protected by the domestic government as someone mentions above.
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    brokers in financial trouble

    Yes he did, but they're on the same list. You're seeing a lot of small brokers get tossed by the NFA because they fail to meet capital requirements. Why exactly? The NFA recently tightened its requirements for individual firms' net capital. Read here for a brief overview of why...
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    Why the hell would anybody trade forex?

    Forex gaps very seldom occur, but they do happen around big news events. Is there a risk of being wiped out on such events? Sure, if you're very much overleveraged and the trade goes sharply against you. But typically you can know when these events will happen ahead of time (e.g. today's FOMC...
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    Yen Gains

    Dips = http://dictionary.reference.com/browse/dips
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    Yen Gains

    Case and point: http://www.bloomberg.com/apps/news?pid=20601109&sid=asGCOUapuCyg&refer=home When you start reading about Japanese housewives buying dips on USDJPY and making tidy profits, you know the end is near. Am I willing to sell tops? No, not quite yet. For the moment I will make...
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    IB Stop Order Changed

    Are you serious? You're decrying IB as a bad broker because you were too careless to notice that your stops were set at the wrong levels when you changed order type? All it takes is a second to take a look at your numbers to make sure everything is in order. And, as someone highlights above, you...
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    Vanilla Option brokers

    Well, you can't exactly trade Futures Options with a small account, as the OP requires. If Saxo Bank at 10k min is an issue, Futures Options will require entirely too much leverage for the smaller trader.
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    Vanilla Option brokers

    Retail Forex shops definitely favor spot over options; there are few firms who are actually still in the business of offering options trading. The only one that comes to mind right now is FXCM LTD, FXCM's UK-based office. See: http://www.fxcm.com/double-one-touch.jsp
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    Why the hell would anybody trade forex?

    It all comes down to personal preference. I do mostly forex but will occasionally trade ES, YM, GC and things of that nature when I see opportunities. Is any market "better" than the other? Obviously not, they're just different. You pick what you're good at and/or feel comfortable with. If...
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    Why the hell would anybody trade forex?

    I think you've got your facts mixed up on the first point. The more popular FCMs are currently operating as ECN's or finishing a migration to anon-dealing desk model (see: FXCM). As to your second point, it's true, CME futures are all what you say they are. I've traded both cash and CME, and...
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    Why the hell would anybody trade forex?

    Really? That's frankly surprising. As for "how do I know my quotes are good?"; I trade with an ECN and can very closely monitor bids and offers and make them myself. It's a trip to see that you ARE the bid/offer in a given currency pair. Make no mistake, though, the forex market is a...
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    Why the hell would anybody trade forex?

    In a word, "no".
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