Helping picking a new FX broker - Thanks

why would u insist at getting ripped off trading FX. Trade currency futures at the CME in a regulated environment
 
Quote from Kastro_316:

Hey 2004 and atticus,

Are they ok with lets say a account with 10k?

Thanks, appreciate it!
More...

You can open an account with less than 10k but last I heard their Universal account requires 10k to start.

I looked at IB's site but couldn't see for sure if its still 10k for the Universal account. Can anyone confirm this?
 
Quote from rover:

why would u insist at getting ripped off trading FX. Trade currency futures at the CME in a regulated environment
More...

Well, whats one of the best brokers to use for trading Currency Futures with a 10k account?

Thanks,
 
Are you sure about that?


Quote from mde2004:

Go with Interactive Brokers for cheapest commissions and average platform on currency futures. They also have the best executions of any firm out there.
More...
 
Quote from 1358june:

Ya, but the Universal account is the good one with all the financial instruments you could want to trade. I know the $10k used to be the minumum for a Universal.
More...

Universal account is the standard trading account at IB. Unless you're prime brokerage or IRA. Cost to open is 5k, like the guy said.

Another good fx broker to trade with (ECN) is Hotspotfx (Knight trading). Only need 7500 to open. Only get 50:1. Can see depth.

Man Canada is good for fx too. Accounts are protected. Tight spreads. Commish tacked on to trades (round turn is about 1 pip)
 
You must log in or register to reply here.
Back
Top