Which forex brokers DON'T trade against you ???

What does this tell you?

Quote from Detonator:

2 Pips on GBP - that is awesome :D

This leads to another questions, what is the smallest spread anyone is offering on the GBP ? Most places you are lucky to get 3 pips
 
If a broker trades against you, it means that two different customers receive two different prices. Have anybody of you noticed this broker's behavior? If yes, what is the difference (in price between customers of the some broker) and haw often this situation occur?
 
It depends both on your broker's minimum margin and on the contract price. At current price levels and using IB's Initial Intraday futures margins, leverage for each of the 6 majors is (rounded to the nearest integer):

6B (GBP) 125:1
6E (EUR) 104:1
6S (CHF) 101:1
6J (JPY) 92:1
6A (AUD) 114:1
6C (CAD) 138:1

Maintenance margin is about 74% of initial, allowing 35% higher intraday leverage than shown above.

Overnight margin is exactly double intraday, both initial and maintenance, for half the leverage.

There are brokers who offer even lower intraday futures margins and, therefore, higher leverage. If that's your game.
 
Quote from late apex:


6E (EUR) 104:1

Just intersted...how did you calc EUR?
With a 1/2-margin of 1418...I get: 125.000/1418 is 88:1
 
Quote from Hoi:

Just intersted...how did you calc EUR?
With a 1/2-margin of 1418...I get: 125.000/1418 is 88:1

Hi, Robert,

You forgot to convert from EUR to USD, to calculate leverage.

EUR 125,000 x ~1.18 [at that time] = USD 147,500 contract value.

USD 147,500 / USD 1,418 = 104.
 
Quote from late apex:

Hi, Robert,

You forgot to convert from EUR to USD, to calculate leverage.

EUR 125,000 x ~1.18 [at that time] = USD 147,500 contract value.

USD 147,500 / USD 1,418 = 104.

Aaa.... you are right ... 100 points for you ! :)
 
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