Broker for passive hedging?

[Term]

I'm interested in finding a good broker where I can park some money as a longer term hedge towards the fall of the US dollar (or use currency options). I doubt I would trade much unless the the music stops for the USD.... at the same time I don't want a refco on my hands.

Thanks

 

[Cybren]

To prevent a Refco you could go with MAN in Canada, their accounts are insured up to 1 mio CAD. Spreads are a bit wide, but if you are just hedging for the weakening USD then that is no problem.

Also Interactive Brokers is pretty safe, but I think their rollover costs are higher.

 

[Term]

Thanks