Can someone please explain to me what IB does with 'odd lots' and conversion back into the account base currency that is different from other brokers? Say for example my account is based in GBP, and I decide to go long 100,235 EURUSD (I think you ...

IB interactivebrokers.com - how is your experience?

I'm not sure that the same might not hold for spread betting, Jack - I'm UK based. I've met a number of people with small spread accounts, but very few I've met claim to be doing very well. On the other hand, I've met a couple of traders who claim ...

Reality check - do small FX accounts inevitably stay small?

I'm working my way through their demo software with the manual. It's not instantly user friendly like say MT4, but it is very configurable. Two things I don't like on TWS charting are a) that you can't display just the current Bid price on the chart ...

IB interactivebrokers.com - how is your experience?

IB no longer have UK specific contact numbers - it appears all services for Euro clients are now provided from Switzerland, expect for API support, which is based in US. As a non account holder (yet), I phoned their Euro contact number to ask which ...

IB interactivebrokers.com - how is your experience?

I'm still not totally clear whether TS is now making its own FX market here, and if so what kind. They mention 'custody and clearance' services, and 'clearing, maintaining, and settling' Forex trades. That sounds a bit like they are themselves ...

TradeStation for trading forex?

Thanks for your view, roughtrader. I'm not sure the platform is as bad as it appears at first sight - one of the posts above mentions that the Demo platform is attached to a vastly inferior datafeed to the real thing. Sure, the graphics aren't as ...

IB interactivebrokers.com - how is your experience?

Perhaps this question should rightly go in the Platforms section, but since we have expertise on IB right here... I've just been playing with IB Trader Workstation - how is it when you get used to it please? I'm looking to trade only 3-4 pairs on ...

IB interactivebrokers.com - how is your experience?

Yes - I've been watching a trading room 1-3 times a week for short periods, in which traders use a specialised piece of news execution software to trade only news reports as they happen. The standard recommendation is to use limit entry orders, but ...

IB interactivebrokers.com - how is your experience?

Thanks again OldQuant, that's very helpful. Looking for a good broker for FX has been a real eye opener - every FX site is loaded with horror stories of real, imaginary, or 'well-that's-what-it-looks-like' skulduggery on the part of brokers. The ...

IB interactivebrokers.com - how is your experience?

OldQuant said: ...so if I wanted to check integration of say the Ninja Trader order system with IB before I opened an account, I can do it with the IB Demo. It appears that with IB you can trade across all asset classes by opening a single account. ...

IB interactivebrokers.com - how is your experience?

Thanks Shrike and Apocalypto - I get it now, that's very helpful. I assumed an IB papertrading account is the same as the Demo account. Sounds like it's quite different, and the Demo account isn't even really a 'practise' account, it's just to show ...

IB interactivebrokers.com - how is your experience?

Apocalypto - are you speaking from direct personal experience of trading say both EURUSD and 6E futures on IB? I ask (and the reason I asked this question) because although IB is a big broker, but you're still trading in a small part of the FX ...

IB interactivebrokers.com - how is your experience?

A3 - as I understand it, if you trade FX you're trading only with IB's ECN, if you're trading Futures it's direct access into the CME market as I understand it. May I ask if you've traded the full CME FX futures with IB, or were you posting about ...

IB interactivebrokers.com - how is your experience?

I attended an FX trading workshop last weekend where it seemed like some of the participants had invested a good deal of ego in being 'right' in their economic predictions, and wanted to trade that. The main trainer was a trader and fund manager who ...

trying to understand news in respect to trading

I'd appreciate any feedback on how trading spot FX with IB compares with trading CME FX futures with them? This is for day trading the big USD pairs, with maybe a few small position news trades for light entertainment. I have the account to trade ...

IB interactivebrokers.com - how is your experience?

DeltaStock's site says their liquidity provider is Interactive Brokers. Max

Other than MBT, IB, and Duka, where can I see level 2 data?

The TradeStation document quoted several posts above says: ...and this is going to allow odd-lot trading from 10K upwards (ie a Mini equivalent), with no commission (ie they make it from the spread I guess like most other 'retail spot FX' accounts). ...

TradeStation for trading forex?