One thing to mention about Hotspot: they have an EU and an american branch. The american branch calculates commissions with "units traded", the european branch uses "USD-value traded". So for example 1 lot GBP/USD: american branch will charge $3 ...

Interactive brokers or hotspot?

richy: you need the beta: url

MB Trading Futures - Introduction

Any information about which firm will be offering this?

Currenex for Retail Clients...

"FXLQ’s in-house attorney informed the Receiver that “Robert Gray’s entrepreneurial vision” was the collateral for the $50 million bond." Thats a funny one

FXLQ Shut down temporarily by NFA

There is to my knowing no problem with pure FX firms. But as soon as they are making markets for products that trade on a regulated exchanges in the USA, such as stocks, commodities or index futures, they are violating american law if they grant ...

Why are US clients banned?

If you are trading FX only, you have nothing to do with Pension. Only stocks/futures/options clear through Pension (i think thats the reason you need a seperate account for FX with MB).

MB Trading 1099s

Looks like Ninjatrader Beta finally works with IB and MB. Its quite nice, comes at a price tho. Trading from charts, automatic brackets, auto-trading, multiple broker and data-vendor connections, etc.etc. I find the automated exit strategies for ...

MB Trading Futures - Introduction

In the case of bancruptcy, every creditor will have to make a claim to the court, and ultimatly the judge decides who gets what. There are secured creditors, and unsecured creditors. At first the former get payed in full (if possible), the latter ...

FXLQ Shut down temporarily by NFA

FYI: url

Any ECN that supports MT4 ?

BostonForex: do IBs usually get information on their clients accounts, like transaction history and so on?

Introducing Brokers - Safe?

StockKay: as far as i am informed, IBs are not allowed to hold client money (at least not in the states). They just gather clients and convey them to a broker - and get compensated for that. So IBs are as safe as the broker they introduce to.

Introducing Brokers - Safe?

If you go to the homepages of these firms, they all have a list of participating banks.

The Five Major ECNs

I have read in an euromoney article that FxAll is the choice of many corporate treasury departments, because they offer post-trade services that their competitors dont. There werent any details mentioned tho.

The Five Major ECNs

This list is pretty old. Meanwhile Currenex has been bought by State Street and Hotspot has been bought by Knight Capital.

The Five Major ECNs

Leave it all the way at price. There was someone who had a real bad execution on an order, and Justin explained it was due to the slider was all the way at speed. This had the effect that his trade was executed on the nearest possible customer order ...

MB Trading Futures - Introduction

Last year some hackers used stolen logins to pump up penny-stocks on the OTC-BB, in which they had positions in, and then dumped their positions at a higher price, leaving those clients with a loss. Several direct access brokers clients were ...

Brokers that offer Token/Pin card etc. to login

Interactive Brokers has such a security device. Its problematic for algorithmic traders (no auto-reconnect possible), so clients can also opt out of this.

Brokers that offer Token/Pin card etc. to login

They were performing tests on their Game platform yesterday and today. They announced this on their platform issues forum section.

OANDA Discussion

If you aim for maximum security of funds, i think its better to choose one of the retail offering of big banks like ABN Amro, UBS, RBS or Citi.

Forex Brokers offering Segregated Accounts

The calculator will be off a bit for longer periods, because with Oanda you get basically countinous compounding of interest payment, whereas i assume this calculator uses the banking standard of quaterly compounding (or none at all). Its not that ...

Oanda spreads go back to normal @ _____ GMT