What are you going on about.
Why I choose IB over Oanda/fxcm and others
My funds are protected (very important to me)
I can trade more that just fx
If there are problems as a broker they are
regulated and I have a place to go to complain (it will
get investigated)
No other FX...
Lawyers put things in agreements all the time that will
never hold up. Why because there are morons out
there that believe everything they read and will
not fight it. I bet you IB management does not
even understand half the stuff in the agreement.
No they cannot screw me, they will have a Securites
investigation very quickly which will be very costly to them.
Canadian Brokers do not like to be investigated and
will do what it takes not to.
If I have a problem with Oanda or FXCM who do I call?
If you think that this will hold up by any securities
investigation by any US or Canada govering body you
are moron. They can put anything in these agreement
but there are laws that override it. If I were their lawyer
I put the same thing, some moron customer might
fall for it but I would...
Eagle Eye
I care about 2 things, that my funds are protected and
that if they screw around they are regulated. It
is not important what is in the agreement as long
as they are regulated in Canada. If I am not happy with their
service I will close my account. No other FX house offers...
Eagle Eye
Who gives a ^%^% who their liquidity provider is, how is
that going to change your life. Ask Oanda who their
liquidy providers are and they will give the same
response as IB. If you open an account with IB and
you have problems close it.
Here is the agencies you can report...
U have to wait 1 point for B/E on IB and 1.5 point B/E on Oanda
so you are .5 points better at IB less commission. Assuming
spreads on both remain the same.
Oanada has a spread of 1.5 points, so lets say they
are showing 60/615, if you sell do you not get 60 and
if you buy do you not get 615. I have never used
their system and I am confused about this adding of
points that you mentioned.
$75K is not a lot to start out with if your currently making $250K. You might think about sticking with the job for another year or two and saving an additional $100K-$200K. At least you would be able to see the light at the end of the tunnel which might make it easier to put up with the...
Thanks for the response. 40 is old for bank trading but not
to old for other jobs in fx. LIfe is about calculated risks.
You are right if it does not work, oh well, what been lost,
a job I hate.
Thanks