FX Broker for US citizens with negative balance protection and commissions

M

Maverick1

Hi,

So far I've found IB, Forex.com, eToro with negative bal protection. Anyone else with that feature?

Also, does anyone here pay their forex broker (US-based) commissions instead of paying the spread/vig?

Thanks.
 
Last edited:
You always pay the spread, regardless of broker or business model. Anyone who offers a product that offers otherwise is a bucketshop and most likely unregulated and highly shady imo.

Maverick1 said:
Hi,

So far I've found IB, Forex.com, eToro with negative bal protection. Anyone else with that feature?

Also, does anyone here pay their forex broker (US-based) commissions instead of paying the spread/vig?

Thanks.
More...
 
M.W. said:
You always pay the spread, regardless of broker or business model. Anyone who offers a product that offers otherwise is a bucketshop and most likely unregulated and highly shady imo.
More...

I think he is talking about not wanting a padded spread on top of interbank rates. IB has interbank rates and while they won't guarantee a negative balance they will liquidate if you violate margin requirements.
 
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