Hello all,
I am on the search for a broker that offers AUD based accounts( can open for 10K), has tight spreads, and reasonable commission.
My choices so far have been IB and Dukas, and maybe FXCM (RAW feed).
I had originally decided to go with IB, but I just can't get my head around their platform. I was recommended to use the booktrader application, but still can't get used to it. It is not possible to trade a live paper trading account with them without having a live funded acct, so can't even test it in real market. I liked them due the funds safety, and the fact that we can trade futures as well. But having traded on currnex for quite some time now, I am too used to the single click function of cnx quote panel.
Dukas is good, but being swiss, it is somethnig that scares me. There isn't really any security of funds there, and I remember reading a few months ago that their liquidity has decreased signifcantly.
FXCM RAW feed, spread are great, but their commission is like, go away, we don't really want any of ur business, at $80/M per side.
All suggestions would be appreciated.
Plus I would really like to hear from traders that are trading futures on eu,ej and gu. What made u trade futures rather than spot forex, and what sort of spread is there during the session overlap times.
Regards,
K.
I am on the search for a broker that offers AUD based accounts( can open for 10K), has tight spreads, and reasonable commission.
My choices so far have been IB and Dukas, and maybe FXCM (RAW feed).
I had originally decided to go with IB, but I just can't get my head around their platform. I was recommended to use the booktrader application, but still can't get used to it. It is not possible to trade a live paper trading account with them without having a live funded acct, so can't even test it in real market. I liked them due the funds safety, and the fact that we can trade futures as well. But having traded on currnex for quite some time now, I am too used to the single click function of cnx quote panel.
Dukas is good, but being swiss, it is somethnig that scares me. There isn't really any security of funds there, and I remember reading a few months ago that their liquidity has decreased signifcantly.
FXCM RAW feed, spread are great, but their commission is like, go away, we don't really want any of ur business, at $80/M per side.
All suggestions would be appreciated.
Plus I would really like to hear from traders that are trading futures on eu,ej and gu. What made u trade futures rather than spot forex, and what sort of spread is there during the session overlap times.
Regards,
K.