A few questions about FOREX trading

Quote from wahoo:


If you are looking to trade with a bigger account, trade futures at a discount like IB (do the math, its soo much cheaper with a tiny spread and minimal commission than a 3 pip eur/usd or god forbid 5 point gbp/usd).


What's the minimum to open an account to trade futures with an IB?
Is that more sophisticated and more profitable?
 
Quote from mathers7:


Speaking of $1000 accounts. In the stock market, it's generally pretty hard to make decent gains without large capital unless you plan to wait for a long time.
Is that the same with currency trading too?

I don't think so.
 
Quote from mathers7:

What's the minimum to open an account to trade futures with an IB?
Is that more sophisticated and more profitable?

Sorry for the miscommunication, I didnt mean an Introducing Broker, but rather a discount futures broker like Interactive Brokers and the like.

Just futures don't offer FX mini contracts, its the land of larger players. One of the reasons, it's regulated.
 
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