Saxo

ElectricSavant - My job is done.......... thanks to Riskarb

and your wife did exactly the right thing - so go stick a cold compress on your bump!! :)
 
Mrs Goddess,

If I ever need any options work done...riskarb is the resident expert. I do not understand half the posts he makes...its all greek to me :)


Michael Bumb..uhh I mean Michael B.
 
No, you mean Michael Bump! And I will follow Riskarb's post with even more interest now you have identified him as a " resident expert " Riskarb - you have been warned............. :)
 
Quote from PipGoddess:

ElectricSavant ( Pimp!! ) - be careful. Read their small print. One member of moneytec.com put 100K with them and had a bad experience. Posted that the Danish Regulatory Board ( or whatever they're called ) would do nothing. Insinuated that Saxo had them in their back pocket. Do your due diligence!
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I have using Saxo Bank for 4 years, and never had any problems. According to the Danish bank law your money is protected in all Danish banks up to 40.000 euro.
 
Quote from ElectricSavant:

I phoned them in Denmark...what the heck. They pay interest...but not the way I am used to. They pay it on cash at libor-2...so thats 2%...and they pay it monthly.

The pairs differential is paid in the quotes and shows up in the UPL....it is not paid as cash to the balance...so you would need to liquidate your carry trades to realize it! Damn..

Michael B.
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You don't have to call them - use the chat in Saxo Trader. You can speak to a trader 24 hours a day.
 
Quote from ElectricSavant:

Chood had a bad experience with them too....I guess my home is and will remain Oanda...I have enough pairs to trade anyways....

It's just good to have two accounts for several reasons
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I cannot see why you'd want to give up Oanda. Want two accounts? Open another at Oanda. Or a sub account,. Whatever.
 
I need to diversify. Thats all...FXSolutions seems to be a good choice.

I am so very pleased with Oanda, I just have a policy to split funds up in different brokerages, not that Oanda is insolvent or anything like that. It's just seems that anything can happen. The Refco debacle and all...

I do silly things like get my original grubstake back and put it in the mattress and split my funds up between several brokerages....

I have two Futures accounts.
I have two Options trading accounts.
and I will have two Retail Spot Forex Accounts.

I do not trade equities, but if i did I would go prop...or do openings with mschey, to pull more mattress money out of the market...

Michael B.


Quote from Ivanovich:

I cannot see why you'd want to give up Oanda. Want two accounts? Open another at Oanda. Or a sub account,. Whatever.
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