A AshanD Oct 6, 2007 #1 Who has the lowest spreads for forex? I'm with MB right now and their forex banners say they charge a COMMISSION of $5 per $100000 traded so if they have spreads also I probably will use someone else as my forex broker.
Who has the lowest spreads for forex? I'm with MB right now and their forex banners say they charge a COMMISSION of $5 per $100000 traded so if they have spreads also I probably will use someone else as my forex broker.
D datamerc Oct 6, 2007 #2 I've never dealt with MB, but is $5.00 a RT commission or one side? IB has fair commissions (on IDEALPRO) and the spreads are good.
I've never dealt with MB, but is $5.00 a RT commission or one side? IB has fair commissions (on IDEALPRO) and the spreads are good.
C cstfx Oct 6, 2007 #3 per side. on mb, if you trade cable, you have to factor in roughly 2 pips to your cost plus spread to break even Check this link. I did a cost/trade analysis there which is too lengthy to repeat. http://www.elitetrader.com/vb/showthread.php?s=&postid=1606360#post1606360
per side. on mb, if you trade cable, you have to factor in roughly 2 pips to your cost plus spread to break even Check this link. I did a cost/trade analysis there which is too lengthy to repeat. http://www.elitetrader.com/vb/showthread.php?s=&postid=1606360#post1606360
D datamerc Oct 6, 2007 #4 $5 a side is a tough nut to crack - IB is only $2.50 per side (minimum) on IDEALPRO. So this works out to usually add about a pip to the spread.
$5 a side is a tough nut to crack - IB is only $2.50 per side (minimum) on IDEALPRO. So this works out to usually add about a pip to the spread.
