Futures or forex? Here are the difference forex no exchange forex brokers make you an artificial market and have control over your platform YOUR MONEY never segregated if the go bankrupt so does your acct you get slipped pippettes on every trade there spread always changes but never in your favor for anything. Worst than all that they take other side of you trade that makes them in layman terms a legalized BOOKIE. The futures market totally regulated they shut market down all brokers must balance ledgers with exchange these safe guards protect us the traders. Money is totally segregated the brokers only function is to give you access to the electronic market they on average get $1.00 per contract commission there is about 3.40 of exchange fees total cost per lot is around $4.50. The futures market is a level playing field.Dont be scared about trading there it's trading just like trading forex but things are fair not lopsided towards brokers. Lastly the e mini nasdac trades at $5.00 a tick and it's daily range on average is better than any forex pair and it trends harder than anything I ever saw in 15 years of trading get 30 to 50 a day is a breeze just something to think about if you are interested in trading for a living.
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