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Just wondering, will IB consider smaller increments of for example 1/10th of a pip in the future, like applied by Oanda? This would allow the spread to become even tighter.

What are normal risk reward ratios for standard FX options? Maybe hard to compare to the Oanda's Boxoptions offering, but any reasonable comparison would be appreciated.

Please enlighten me ..

I don't understand the problem with paying the spread, can you explain? Why is it preferred to pay commissions?

Maybe we've got a different definition of the 'spot market'. When I open a position and Oanda takes the other side of my trade, it means I just traded the spot fx market. Spot fx is decentralized, it's over the counter. There's no central place where you have to trade spot fx for the trade to...

I believe Oanda and IB are honest spot FX brokers. IB does not take the other side of your position, Oanda does, but hedges their net exposure. This way I'm not trading against my broker (oanda), as the net exposure is hedged and thus Oanda does not have ANY interest in stopping me out. I...

You are very wrong. The FXCM chart does not hold for all spot fx brokers. Some have high standards and hold them dearly. Transparency is very important in this respect. This, together with the unique advantages of spot fx over futures (like many pairs, low spread/commissions, no minimum...

Try Oanda (FXtrade.com) for low spreads. Especially if you trade small size, fxspot is the way to go.

I would say no. From a fundamental perspective, you of course take into account the economic data. When the data turns out to be not what you expected, your tradesetup fails and you are stopped out. From a technical perspective, if you watch the impact of economic numbers, you will often...

I don't really know EuroFX (futures right?), but Oanda offers very competitive rates. It's not really about the spread for me, the flexibility Oanda offers is unmatched. Trading small $ to get a feel for the market is wonderful. I don't know about IB, people speak (generally) highly about...

You make it should like Oanda does not lower commissions. Just recently the spread went down from 1.8 to 1.5 on EUR/USD. And we are already seeing 1.2 pip some of the time. My guess is that 1.2 pip spread will be the standard at the beginning of next year. I can understand a withdrawal fee to...

Check out the game account, it holds the upcoming changes for FXTrade. You will find 15 min. charts, a new layout, a filter when generating history, and more. I wondered about the $30 charge myself, maybe it's an incentive to keep money withdrawal requests to a minimum.

Maybe the risk is covered by the ten pip weekend spreads. Also check out their spreadstatistics from yesterday: http://fxtrade.oanda.com/resources/spreadstats/spreadsminmax.shtml

If you have 10k funds in your account, Oanda allows you to purchase 500k units (or 5 lots; 50 leverage). Now the position can move against you, when that happens, your position will be closed at 100 leverage: When $5000 is left in your account (500k/100). So the initial leverage is 50, and...

What timeframe are you talking about?

Is it possible to test a strategy in MetaTrader if you don't know much about coding/etc?

Not that I make much money (yet), but anyway: You can view the spreads for the last week here. The spikes are pretty high, but the average (red dots) is lower. Concerning execution, you are filled at the new quote from the server. Except if you had bounds in place, in which case your...

Try using the search, these brokers have been discussed before.

I think we will see a retracement to the 50% near 2400, the first retracement (2330/40) will break. My target is below the 50% retracement. We will see what happens :)

The profit from hedging positions internally is huge. One long position against one short position in the same currency is 2 times the spread. Only positions which can not be hedged internally have to be hedged at the interbank market. Oanda could make a small profit or maybe a small lose, it...