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Ticker on Globex is EUR (for the EUR.USD), it always has a 1 tick spread and a good liquidity and huge volume (about 120.000 contracts per day). I'm right now, writing a document which has 2 chapters dedicated to the comparison between FX-Cash and FX-Futures trading. I hope to release this...

Front-ends aren't build to improve execution-speed (there is no difference), but to offer a better user-interface: a visible interface which gives you a faster understanding of what the market is doing, or a better manual-interface to react faster, or advanced order-management features (which...

Really good to hear that IB is improving the Forex-offerings, and features. (like the P&L problem and contacts-trading, both issues already solved when you use ButtonTrader as front-end, but still good when IB will solves it as well in the future). Adding new Currencies and crosses is good...

:) :) working on it !

I just saw in Account-Management that you already can subscribe to the Quotes: CBOT-Floor $55 CME-Floor $35 NYBOT-Floor $75 NYMEX-Floor $40 (I have not tried it yet {a bit expensive for just checking how it works}). Maybe someone else has ?

Just take a broker (like IB) who offers you both: Forex-spot, and FX-Futures (Globex and EUREXUS), then you can select the instrument that fits you most.

Interesting....It's possible because the MM's on the ECN may not trade against eachother (only quote and trade when the real-clients take their offers). So when one MM has a Bid on price-x and on the same time another MM has an Ask on price-x...you will see a zero-spread (and can trade it).

What do you mean? is Bid the SAME as the Ask? (that is possible on an ECN but unlikely to stay for long)..

No, no...you need (at least) $2000 to open an account, and can trade it as low as about $500 (which is the Margin for a $25.000 trade).

IB has no "mini's"....It has a minimum Order-level which is about $25.000, above that you can trade any amount until the Max Order-Level....so you can enter a trade for $26.789 if you want.

Correct! I only know who the MMs are on IB-ECN, I have no knowledge about "Hotspot, CoesFX, MBtrading, lava, currenex". If someone has that info: please tell..

Great: the more the better...and then one time in future: connect all together :)

Yep, I know 3: Hotspot, CoesFX and MBtrading (although the last one I only saw today, with the link in a previous post).....Probably more will come when we traders "ask" for a fair way to trade Forex (through an ECN-like model).

Yes you can read the posts of jimrockford ("fighter" against bucketshop-fraud). Also this post of Steve-IB gives a good explanation: http://www.elitetrader.com/vb/showthread.php?s=&threadid=60032&perpage=6&pagenumber=4

Yep it is the way Steve_IB explained very well. And to answer your question about other instruments: All normal markets work that way (Futures, IB-Forex, Stocks, Options, warrants, Bonds)...When you want to Buy, you can JOIN the Bid in the row (the book) and wait your turn, or you can enter...

Then I advise you to contact IB, if you have the TWS-logs (and audit trail), so they can look at it and solve.

Yes it addresses both issues. First, it’s a bit odd that two posters have a walk-through a Stop....Most of the time it is a StopLimit and then it is in 99% of all cases due to a traders-mistake of setting the Limit-price to tight to the Stop-price (which should be wider than the Spread...

With both issues I can help you (solve it) ...if you want.

IB (nor any other Forex-data-provider) cannot provide traded-volume because that's simply not available in the Forex-market. You can only get Bid/Ask-quantities (and with the ECN-forex versions (like IB) you can get the Book (marketDepth) as well). When you want to have some market-insight in...

IDP ?...that's a new abbreviation for me..you mean IB's IDEALPRO? I have no concern at all!...It just a calculation of the best (most profitable) instrument for the Forex-pair. When You take into account the spreads in a specific IdealPro-pair and the spread in FX-futures, then for scalping...