I am debating on whether or not to use an IB to set up a brokerage account or two. As some of you may be aware, they can speak on your behalf and possibly get a few perks for you. Being that the Forex business has somewhat of a cloud over it, I feel it necessary to do a little questioning before I begin my process. Have traders here used IBs and if so... has everything gone well? They are permitted to see your statement and records (what I have read), does this fact turn anyone away? Can they actually act on behalf of your account (I would figure they couldn't, being that I actually have an account with FXCM or GFT etc). Are futures IBs different in nature than are forex IBs?
Any input would be appreciated. As you can tell... I am full of questions
Thanks-
I did a quick search for this topic and didn't find one. If there is one, please moderator direct me to it.
Well, I see the similar threads after I posted this message. They do not specifically speak of what I am interested in though.
Any input would be appreciated. As you can tell... I am full of questions
Thanks-
I did a quick search for this topic and didn't find one. If there is one, please moderator direct me to it.
Well, I see the similar threads after I posted this message. They do not specifically speak of what I am interested in though.
The market is my nation. Traders, my family. Hello, brothers and sisters!