Disliked{quote} Thanks. Yes two legs are really PIA. In additional to slippage between legs there is also issue of mismatch sizes. Gbp contract is 62.5k gbp while mini jpy is 6250000 jpy.. so dollar value is different depending on dollar rates. U will have residual currency risk. I dont know of any with 50k+ account with oanda.. i think fxcm has some large accounts but i do not feel comfortable with depositing large sum at any of these brokers. With IB you have fx and non fx all in one place and you can also get portfolio margin. Anyhow interesting to see...Ignored
I might trust $50-100k with Oanda. I've heard of friends of friends with $100k balances, but I'm looking for more, larger traders.
I've kicked around the idea of opening a foreign corporation and trading through a reputable offshore broker like LMAX, but I haven't done much digging on that yet. I feel like someone has had to have done that by now.
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