Customer securities accounts at Interactive Brokers are protected up to $30 million (including up to $1 million for cash). The market value of your stocks, options, warrants, debt, and cash -- denominated in all currencies -- is covered by this ...

How to get lower MBT trading commissions

What do you mean do not trust a broker that gives low spreads? First of all, banks deal currencies in many different ways, using many different derivatives other than spot. For spot, banks use an aggregate of different feeds to get liquidity and ...

Would you trade more if broker fees were lower?

That's correct, 6 pips for every profitable trade.

Proliferation of One/Zero Pip spread brokers

That is correct, they are safer then other brokers. A forex account or all of your forex accounts with IB are protected up to 1M per customer. Meaning if you have 5 accounts and you have a million in each account, only 1M of your total 5M is ...

How to get lower MBT trading commissions

No it does not. If your account deposit is under 250K your deposits sit with Duka and there is no guarantee. Over 250K you can do a bank guarantee. I am not sure how this works with Duka but I imagine you have to deposit a certain amount with them, ...

How to get lower MBT trading commissions

Yes and most brokers run two books; A Book (profitable traders) and B Book (non-profitable traders). If their technology allows it they can put those traders straight through to the banks or they have to offset their postions with the banks.

The bad side from Fxsol(suspicious activity)

url This means 99% of the time they take the opposite side of your trade and if you lose they win. Notice how they dont say 99% of trades go right to the banks. If customers make a trade that FXSol doesn't want to keep the other side of they have ...

The bad side from Fxsol(suspicious activity)

Please tell me where Dukascopy states that if they go bankrupt, your money is insured. Also, FX accounts at IB are no safer then accounts with other FX brokers. IB has securites account protection via SIPC like all broker dealers. Here are a couple ...

How to get lower MBT trading commissions

Thats not the way it works, you trade more to get lower fees.

Would you trade more if broker fees were lower?

BOA does not have a retail platform. They do have an institutional platform and liquidity feed. They are also giving liquidity to retail clients through numerous FCM's, currenex, bloomberg, fxall, RTFX, hotspot, lava, and others. However, you can ...

Bank of America...

Best FX Bucketshop is more like it. Has anyone ever looked at MoneyAM or Shares magazine both are garbage, as is this award.

IBFX Named Best Online FX Provider

It's not even I Trade's platform, it is licensed out to them by ACT Forex.

Proposed NFA Capital Requirement

I completely agree. The one point that I want to continue talking about is clearing fees and pricing. The more volume you do the better clearing fee and pricing a trader should get. I dont think it is fair for a trader who is doing less than 100M a ...

Dukascopy and instant execution...

Shrike, That is a very good point. Most banks and a lot of ECN models now use 0.1 pip increments which means they will make the difference if there is one. This however doesnt mean that it isn't STP. For example, lets say HSFXI quotes come into Duka ...

Dukascopy and instant execution...

BTW, I do want to fix my statment, I did not mean work for a crappy brokerage, I meant trade with one and I guess that is a bit harsh. If a trader likes trading with FX Club by all means what a trader thinks is best for him is certainly best for ...

0 spread, 0 commision - getting tired of all this..

Rebates are generally based on how much is traded and on a per trade basis. They would have to do a lot better than shave off a half pip to make it worth while for any trader. Who cares about getting a flat $5 rebate per trade? I am not going to ...

rebate or cashback on interbankfx

Clif, I tried GFT about 3 years ago and the execution was either slow or I got requoted as much as 5-7 pips on market orders for EURUSD. NY hours on orders sizes that were anywhere from 2M to 5M per order. However, if they have got better since then ...

Beware - Order fill glitch screwed me

Security of funds will be the one thing you have to worry about with any broker much more so then any bank. I mean no one at REFCO including myself would have ever thought that they would collapse. Hotspot, Oanda, and dbfx are all good choices IMO. ...

what is difference between trading fx with big bank and broker?

Are you talking about a broker (meaning an ECN model) or a market maker/ deaing desk?

My broker stop hunted me!

I have always liked GFT's platform but their execution is not very good. BTW if what you say is true. This might be the first case posted on here where if submitted to the NFA the complaint would be honored by the NFA and the NFA would make GFT fix ...

Beware - Order fill glitch screwed me