Brokers that offer US Dollar Index?

Hey guys,

I recently signed up to ICM because they said they have a US Dollar Index. Turns out they don't.

I really want a broker with a US Dollar Index (either USDX or DX or DXY). So do you know of any?

Ideally they would also have
- low spreads (ECN preferable)
- well respected service. no dodgy business
- segregated accounts
- New York close 5 day candles (i.e no sunday bar).

Any ideas??

Hi Nomadic,

We offer trading in the Dow Jones-FXCM Dollar Index (ticker: USDOLLAR).

http://media.dailyfx.com/illustratio...eenShot253.png

The chart above is from an article today on DailyFX.com

Jason

Thanks for that Jason. I actually have an old account with FXCM, but don't like the high spreads. Not to mention your *ahem* less than great reputation (law suits, spread spikes, etc). I do realize that bad traders tend to blame their broker for their own mistakes, but you guys seem to have a lot of bad press regardless.

Hi Nomadic,

Alpari offers DXY and they have 5 day candles chart.


payam

Thanks payam.

If anyone want to get DXY charts from Alpari you'll need to set it up from their russain branch: http://alpari-forex.com/. All the other Alpari branches don't offer live DXY.

They do seem to have a LOT of instruments to trade, which would be great - but they don't offer accounts in AUD and I'm not really sure about their regulation.

I don't actually need to trade with DXY, just need to judge 'strength' of USD etc. So I'll continue with ICM and just use Aplari Demo for DXY chart reference.

Hi Nomadic,

Spreads are important when choosing a forex broker, but there are other factors to consider such as customer service, platforms, charts, education, research, and other resources. There were 196,000 tradable accounts with FXCM as of our operational release for April of which 175,000 were active over the previous 12 months.

If spreads are your only concern, then there are 2 options I would suggest. The first is our dealing desk offering where the spread on 12 of the most popular currency pairs may be up to 1 pip lower than NDD execution. The second option is Active Trader which uses a spread/commission structure to lower the overall transaction cost for high volume traders. Here's a look at the differences in spreads for each option:

http://imageshack.us/a/img689/1887/f...s2013may09.png

Also on the topic of choosing a broker, it is important that you know the financial viability of who you are trading with. I would rank it right up there with spreads. FXCM is listed on the New York Stock Exchange (ticker: FXCM) giving you access to our financial performance which may not be available for other brokers that are privately-held companies. This is now more important than ever after the recent financial failure of privately held brokers like PFGBest, or during situations where you may not know whether your broker can survive an external shock such as a Cyprus event.

You will find from our posts on Forex Factory over the past 4+ years that we take the extra effort to address any questions that come up and help clients through problems they encounter. When there are tough questions we don't selectively address them or disappear, but rather answer them head on and let you know what we have done to correct the problem.

Feel free to PM me when you're ready to get the account up and running again

Jason

Fix pro. Has it on the demo...load from indexes..good to have a look.b4 taking that trade. .GL
Also you can use all your mt4 indis