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Subject:
FX trading accounts
Category: Business and Money Asked by: protocolmagic-ga List Price: $10.00 |
Posted:
28 Feb 2006 13:07 PST
Expires: 30 Mar 2006 13:07 PST Question ID: 702016 |
I want to open a fx trading account, where I can trade at least USD/Euros/GBP. I'm looking for an account with no ongoing fees, good web-based access for trading, the ability to transfer funds directly into/outof my USA bank account online. I want to know what my options are, and to see a comparison of the interest rates I will receive on USD and Euro balances today. |
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There is no answer at this time. |
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Subject:
Re: FX trading accounts
From: testifier-ga on 01 Mar 2006 13:08 PST |
When trading currency you should first look at the financial condition of the company. I would recommend fxcm. The major problem with them is that you must fax them paperwork to get your money. The plus side is that they have people working 24 hours a day, and they can place your orders for you, while you are at work or wherever. I have a currency calculator and pip stop designed if you need it. It gives you the amount you wish to lose that day, if that will help. With oanda, the fills are not as quick, but you have the charts up constantly. They also have much more currency pairs to work with. |
Subject:
Re: FX trading accounts
From: bcp221-ga on 03 Mar 2006 05:08 PST |
You may want to consider Interactive Brokers (http://www.interactivebrokers.com). They allow one free transfer out per month with a $1.00 fee on any additional ACH transfers. The leverage is 50:1 on USD/GBP/EUR. You also have access to a number of other products from the same account. |
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