Automated Forex Trading

[TRADERguy]

Quote from kenokabe:

I forgot what, but I had a feeling Forex itself is much better when I looked into the FX futures.

Forex has some advantages over futures: it trades 24 hrs so no risk incurred while the exchange is down and their is always liquidity. However the 3+ pip spreads in retail forex gets expensive if you are trading short term. If you trade at least 1 million in size, look into true interbank trading that generally has 1 pip spreads and less shenanigans than in retail.

 

[Baruch]

Quote from TRADERguy:

Forex has some advantages over futures: it trades 24 hrs so no risk incurred while the exchange is down and their is always liquidity. However the 3+ pip spreads in retail forex gets expensive if you are trading short term. If you trade at least 1 million in size, look into true interbank trading that generally has 1 pip spreads and less shenanigans than in retail.

You can also trade futures - and make your own spread (most of the time).