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Again, the typical small trader starting to trade the futures on the CME is doomed automatically. The large size will wipe out his account before he has a chance to learn anything. That if anything is a scam on an extremely large scale. Again, IB works like an exchange, like the CME, but...

IB commissions: http://www.interactivebrokers.com/en/accounts/fees/commissionForex.php?ib_entity=uk#currency For spreads, I would say the CME have an advantage on EUR/USD, at this moment, 1 vs. 2, but IB on other pairs, like EUR/JPY 6 vs. 2.

You are correct that IB is not open 24 h, like Oanda, which is irritating (Are you listening, IB?). Note that idealpro has commissions, like the CME, and IB makes money from that.

If you want limit orders, you can use Idealpro to get a lower minimum size, smaller commissions, and generally tighter spreads than at the CME. If you are a small and new trader, you should start with smaller size at for example Oanda.

Don't lie, IB has excellent spreads. Regarding Oanda, see above.

Just curious. Since you keep ignoring my arguments, are you working for the CME or have some other vested interests in the CME futures?

Why are you insisting that people should use an offshore forex dealer? Oanda is a registered Futures Commission Merchant with the Commodity Futures Trading Commission and is a member of the National Futures Association. And again, Idealpro works like an exchange.

The typical small trader starting to trade the futures on the CME is doomed automatically. The large size will wipe out his account before he has a chance to learn anything. That if anything is a scam on an extremely large scale. And you are wrong about regulation. The CTFC has increasingly...

Again, IB's idealpro works like an exchange. You can use limit orders. And the minimum size is much smaller than at CME.

For the small trader, THE most important thng is the ability to trade small size while hopefully learning. Spot FX with an honest broker like Oanda is the only choice for those not wishing to be a one day wonder. (Most will be anyway but slower, at least if you trade small size you have a...