Forex broker which meets 3 criterias ...

Quote from Sunshine4ever:

1. low spreads on USDJPY, EURJPY, NZDUSD, AUDUSD, GBPJpY
2. high leverage
3. rollover time different than 5 pm ET

I've been searching for a while, and although I found brokers that provide 1 & 3, the leverage was very low.

Thanks for help!!!

PS: preferably US or UK brokers ..
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Quote from Sunshine4ever:

more than 100 to 1 :D
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(1) and (2) are mutually exclusive.
 
Quote from Sunshine4ever:


3. rollover time different than 5 pm ET

I've been searching for a while, and although I found brokers that provide 1 & 3, the leverage was very low.
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Which brokers did you find that fell into category 3?

5pm ET for rollover is the industry standard. I've never heard of any brokers/banks performing it at different times other than Oanda which has 24/7 accrual.
 
Quote from Trader KGB:

Which brokers did you find that fell into category 3?

5pm ET for rollover is the industry standard. I've never heard of any brokers/banks performing it at different times other than Oanda which has 24/7 accrual.
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DBFX and I think Saxo have different rollover times.
 
Quote from Sunshine4ever:

What has your own research uncovered so far?
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So far I looked into

DukaScopy
MBTrading
Deutche bank
Forex Club
CMS
Oanda
Saxo Bank
Man Financial
TradeStation
questrade

Thanks [/QUOTE]

Then you already have your answer - right?
 
Quote from Sunshine4ever:

Hi

Does anybody know of a forex broker who gives the following:

1. low spreads on USDJPY, EURJPY, NZDUSD, AUDUSD, GBPJpY
2. high leverage
3. rollover time different than 5 pm ET

I've been searching for a while, and although I found brokers that provide 1 & 3, the leverage was very low.

Thanks for help!!!

PS: preferably US or UK brokers ..
More...

There was a pizza company whose TV commercials went like, "what do you want on your tombstone?"

They should team up with the bucket shop, I mean Forex outfit that offers greater than 100:1 leverage

:D
 
With great leverage

fxcm - they offer 250$ for GBP/JPY on demand ,that is 1:800
or 1:400 to usd/jpy

gftforex - 1:400 initial ,1:1600 liquidation

fxsol/proedgefx -1:400 initial


All have 20+ mln $ of capital ,but all are not pure agent ,which
to date is only hotspotfx ,which offer only 1:50


Your respectfully
 
Quote from Trader KGB:

Interesting.. that opens up a potential arbitrage scenario if so.
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That's what the OP is after, of course. However, if one does the math, I believe any potential arb is immediately killed by the spreads, at both dealers.

Each 1% of swap rate &asymp 0.27 pip per day... not nearly enough to offset, let alone beat, the multi-pip spread costs. Leverage would not help at all - for this purpose it multiplies the swap rate and the spread equally. Which makes this otherwise interesting idea a non-starter, in practice.

That's with the likes of FXCM, er, DBFX and Saxo and their artificial, inflated spreads. Now, if you had a couple of true ECNs with different rollover times...
 
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