What's a good Broker for...

C

chiefraven

someone who wants to open a 20k account, daytrade probably 3-8 trades a day, looking for reliability and low spread(cost), and the availability of pairs?

i hear Saxo Bank, Dukacopy, IB are pretty decent.... was wondering if someone could share some insight with me..

also dukacopy is not a u.s. firm... is there a difference? should i mainly look for broker firms in the u.s.?
 
I think most of Us brokers are fine for 20k account.
FXCM, Gain, GFT , InterbankFX.

If your main concern is spread
then try Ikon GM.
I have attached spread table.
Really fantastic

But the only thing that i doubt is that , that i found this info on It's Ib's website www.invest2forex.com and there is no information at IKons official website www.ikongm.com about institutional spreads.
 

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Quote from Chieftrader:

I think most of Us brokers are fine for 20k account.
FXCM, Gain, GFT , InterbankFX.

If your main concern is spread
then try Ikon GM.
I have attached spread table.
Really fantastic

But the only thing that i doubt is that , that i found this info on It's Ib's website www.invest2forex.com and there is no information at IKons official website www.ikongm.com about institutional spreads.
More...

None of the above is ANY good for daytrading (what the guy above wants to do) , they are all bucketshops

The good ones are IB,Dukascopy, EFX (avoid Saxobank) and with IB you have security of your deposit
 
Quote from Chieftrader:

I think most of Us brokers are fine for 20k account.
FXCM, Gain, GFT , InterbankFX.

If your main concern is spread
then try Ikon GM.
I have attached spread table.
Really fantastic

But the only thing that i doubt is that , that i found this info on It's Ib's website www.invest2forex.com and there is no information at IKons official website www.ikongm.com about institutional spreads.
More...
try roylal divsion ikon gm they give very good spreads on there mt-4 platform
 
Quote from chiefraven:

someone who wants to open a 20k account, daytrade probably 3-8 trades a day, looking for reliability and low spread(cost), and the availability of pairs?

i hear Saxo Bank, Dukacopy, IB are pretty decent.... was wondering if someone could share some insight with me..

also dukacopy is not a u.s. firm... is there a difference? should i mainly look for broker firms in the u.s.?
More...

Sent you a PM!
 
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