There's been a few threads about this in past year, I would search around for them. I trade fx futures, which have many advantages. Spot still has its place, especially if you're trading crosses or less liquid futures (SEK, NZD, etc).
hmmmm, how much splippage would there be on spot fx? I can handle around 100 lots with my capital and risk tolerance. trades usually last 30min to a few hours.
hmmmm, how much splippage would there be on spot fx? I can handle around 100 lots with my capital and risk tolerance. trades usually last 30min to a few hours.
So you're saying you may take a position of up to 100k lots at any one time?
1 lot = 100k
100 lots = 10000k
a swing of 20 pips would break a small country... what gives? if this is true ring up a ECN broker and tell them that, they will be falling over themselves to get a piece of the commission