Apologies for any confusion, JoeOriginally Posted by ;
You would still must finish a separate Daniels Trading agreement to cover futures, options, etc.. Any more questions, please feel free to PM.
Apologies for any confusion, JoeOriginally Posted by ;
You would still must finish a separate Daniels Trading agreement to cover futures, options, etc.. Any more questions, please feel free to PM.
Sure it will. Their spreads and commissions are too high. That cuts into your profits. As an instance, my disperse on GBPAUD is 2.5 pips less than either of those brokers. My quantity is 10 million each month. That's $2500 less a month at spreads, so even with a commission of $600 on that 10 million, that's 1900/month. I'll take that additional $24,000 in the end of the year. Additionally, I just have to keep 10% of what I'd with a US broker for margin, whereas the other 90% of my funds sits securely within my FDIC insured bank account. Therefore, yes it makes a difference, but thanks for submitting.Originally Posted by ;
So that broker are you currently trading with at this time?Originally Posted by ;
Ahh . . Those US traders aren't that lucky as others for they have a lot of limitations by their prevailing law to exchange with offshore brokers and moreover many online brokers does not accept traders out of US. Better they should check any other options to make some good returns on their earnings.
I just wanna let everyone understand that FOREX.com and Oanda are not the only US retail brokers. Have you heard of ATC Brokers? It blows the two from the water, palms down. The spreads are very aggressive, can not even compare forex.com and oanda. Commission is $0.80 per round trip per 0.01 lot for all pairs. The only minor drawbacks are the minimum deposit is $5000 and lowest trading sum is 0.05 lots. It's still not that bad. They're Also regulated by the NFA and CFTC.
Thank you for putting the word out. I have not ever heard of these before, but I am definitely going to check them out. I currently trade through TD Ameritrade, but they are just as expensive as Forex.com, since they route their orders Gain Capital, who is Forex.com's parent firm. I cover a complete pip more per trade compared to what I'd even pay with Oanda by trading together at the moment.Originally Posted by ;
ATC was an IB to get FXCM prior to filing for Chapter 11. No Thanks.Originally Posted by ;
https://www.leaprate.com/news/fxcm-d...ate-exclusive/
Whoa Thank you for the heads up on that one! I'll pass.Originally Posted by ;
Yes it is. That means they are unfortunate that's not rightOriginally Posted by ;