fx vs futures

[trading1]

What is the advantage of trading fx when the spreads may be 4 pips [for the likes of AUD] when futures spreads are often only 1 pip

I'm sure this deabte has appeared on the board before but any comments welcome

 

[I-Deviant]

One advantage would be the ability to trade in smaller size for those with smaller accounts .

 

[forex-forex]

In addition to trading $10,000 lots at 200:1 leverage (or even 400:1) you can also setup a FX account for as little as $300 and no overnight margin increases.

Interactive brokers requires $10,000 to set up an account to trade futures and the required margin starts at $1215 for each AUD future contract and increases to $2430 for overnight.

 

[mangudai]

Some brokers like Oanda offer very tight spreads. Like 0.9 pips and zero comm. on the Euro.

Then there is the carry trade.