which broker is better to do carry trade? | Forex Factory

Options

Permalinks
Print Thread

Similar Threads

Carry trade vs carry trader 3 replies

Broker needs to do better, much better 4 replies

Best Broker to Carry Trade "Exotic" currencies + EA + any CT FAN? 6 replies

Which one is better: an ECN broker or OANDA? 9 replies

Which Brokers charge no Carry Interest? 0 replies

which broker is better to do carry trade?

  • #1
  • First Post: Nov 6, 2007 3:01pm Nov 6, 2007 3:01pm
  • #2
  • Nov 6, 2007 3:02pm Nov 6, 2007 3:02pm
I like Oanda for carry trades as they calculate the interest per second. They pay very high rates, too.

Regards - Xaron
  • #3
  • Nov 8, 2007 1:54pm Nov 8, 2007 1:54pm
but don't you think oanda's leverage is too low to do carry trade?
  • #4
  • Nov 9, 2007 1:54am Nov 9, 2007 1:54am
Quoting forex killer
but don't you think oanda's leverage is too low to do carry trade?
Too low? You need the lowest leverage ever for carry trading. Do even think about to leverage a carry trade, it will blow up your account in a second.

Regards - Xaron
  • #5
  • Nov 10, 2007 6:53am Nov 10, 2007 6:53am
Quoting Xaron
I like Oanda for carry trades as they calculate the interest per second. They pay very high rates, too.

Regards - Xaron

i was hoping they pay better swap.......i was told 1world or interbank pay the highest swap.........but then not every broker pay swap on your a/c balance, right?

higher leverage will be good too......just use less margin though......
  • #6
  • Nov 10, 2007 6:54am Nov 10, 2007 6:54am
fxcm have good swap rates, I have never traded live with them though and I really did not like their platform but that is just me.
  • #7
  • Nov 14, 2007 12:29am Nov 14, 2007 12:29am
At present I an trading with two brokers Alpari and Oanda. Alpari as they are very good in securing deposits and upto $5k are secured with them. Oanda because they are my favorites. lol
  • #8
  • Nov 14, 2007 11:58pm Nov 14, 2007 11:58pm
Quoting 20neo
At present I an trading with two brokers Alpari and Oanda. Alpari as they are very good in securing deposits and upto $5k are secured with them. Oanda because they are my favorites. lol
I am using Oanda for quite some time and they are flexible in their trading. To do carry trade flexibility is required which is why Oanda is considered best to do carry trade.
  • #9
  • Last Post: Jul 12, 2008 7:55am Jul 12, 2008 7:55am
Is it still true?

I've heard Oanda forced accounts with carry trades to shutdown
If everyone believes it, it will work.
0 traders viewing now