IB new forex spreads

Quote from cstfx:

Use whatever you are comfortable with. Some like Oanda, some like IB, some like MBT, and some like Hotspot.

Bottom line use that which makes you a trade better or easoer. If you are good at what you do, it really doesn't make a difference which platform you use. Remember, tho, a good platform is not going to make a bad trader better.

Just avoid the bucket shops!
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Well the point of this discussion is about brokers not trading styles. Agree with you but it misses the heart of this discussion. Whatever your trading style you make MORE with a better broker you make LESS with a worse broker. Hope you can agree with that. Does not matter what you make or lose in the end, the broker DOES factor into your bottom line.
 
well put iluvvol,

it does affect your bottom line, i've been trading for 8 years in forex and i now average over 100 pips a day trading 4 currency pairs and i'm always looking for a better broker with less costs and great fills......phreak
 
hey guys,

can you post a screenshot of IdealPro on the following currency pairs for me again please, eur/jpy, gbp/usd, gbp/jpy and aud/jpy pairs, just want to compare to my current platform again, thanks again boys......phreak
 
And an early european morning view.

Note that some of these spreads are expanding and contracting as you watch them when individual players fill the gap on the market makers.
 

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Quote from phorex_phreak:

thanks kiwi,

i wish that gbp/jpy stayed at 2-3 pip spread...lol.....does it shring when the pound session opens??
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There are market makers flashing in on all sides. If you put your order in slightly above the bids or below the offers. You will most likely get filled. And yes, you will see the volatile crosses shrink and expand. But you can still put in an order like a bid above the market makers bids and get your fill.

do the ib demo and you will see. you can use booktrader and see them bouncing around
 
Quote from Steve_IB:

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Steve,

happy holidays.

what is up with the margins for forex? You guys were talking about doing something about the margin irregularities. For instance, I end up paying twice as much for EUR/JPY on a dollar account than I would on a EUR account.
 
Quote from phorex_phreak:

tgm,

i wish i could but as soon as my custom indicators tell me to get in or out i have to do it immediately, so i always enter on market orders.....:)
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What quote feed and charting are you using?
 
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