Just out of curiousty, I want to see what the breakdown is of FX traders on this site. Do you trade mostly spot, futures or options. Feel free to add any comments on this thread.
FX Poll Vote!!!!!
- Thread starter Maverick74
- Start date
You are eliminating the middle man who makes his money off you paying an artificial spread -- hence, you get a cleaner picture of the market, that is the most crucial difference. It's true that futures in currencies are themselves priced off an interbank quote, but adjustments are instantaneous -- it's as close to the real thing as any retail individual trader is going to get.
Why unnecessarily trade off an artificial quote? What is the advantage for trusting your own broker's presentation of the market, when he is the one who profits more the worse your fills are? Isn't it possible for the same broker to present 2 different bids and asks to 2 separate traders, because they know one is long and the other short? Granted, these same games go on in the cash market with the much bigger players, but again, there is no need for you have to suffer through that with globex available.
I've wondered why you still traded through retail spot, I seriously recommend you consider going to globex. That's my opinion, but I don't think I'd be the only who feels this way.
free charts... more pairs...(some dealers pay high interest on cash balance)...some say that liquidity is better, during certain times, but I would not know...
well...he asked...