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IronFx

Registered: Jul 2012
Posts: 1

07-22-12 07:23 PM

It seems that several people recommends Interactive Brokers. Can anyone tell if there is any major difference using their US or UK division for forex.

I am based in North Europe so use of UK seems more logical.

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et2011et

Registered: Dec 2010
Posts: 12

07-28-12 06:25 AM

Quote from Chicago_CTA: .... sorry IBKR is too hard to work with as a CTA.

For example?

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luisHK

Registered: Sep 2010
Posts: 1002

07-30-12 05:01 AM

Quote from IronFx:

It seems that several people recommends Interactive Brokers. Can anyone tell if there is any major difference using their US or UK division for forex.

I am based in North Europe so use of UK seems more logical.

there is no difference between their us and uk branch regarding forex afaik, daytraders seem largely satisfied but holding overnight brings insane cost of carry - check properly how IB treats forex transactions

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klafle73

Registered: Mar 2009
Posts: 14

10-23-12 02:04 PM

long threads like this and similar ones on other boards show the need for trustworthy rankings of FCMs / brokers.

Who is offering such rankings ?

1. Atlas - MKC Global Investments

who else ?

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PocketChange

Registered: Jul 2008
Posts: 2037

10-23-12 03:32 PM

Safest futures account setup is outside of the US

ABN Amro dutch side follows the more stringent european rules.
All funds are held in named accounts and none of this segregated bull shit. Your cash balances are insured by ECB their FDIC equivalent.

ABN is one of the top 3 clearing firms in the world, 13th largest bank in the world. If they go bust we have much larger problems.

They are surprisingly aggressive with their rates and a nice relationship to have.

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shopster

Registered: Jul 2011
Posts: 1479

10-23-12 03:35 PM

Quote from PocketChange:

Safest futures account setup is outside of the US

ABN Amro dutch side follows the more stringent european rules.
All funds are held in named accounts and none of this segregated bull shit. Your cash balances are insured by ECB their FDIC equivalent.

ABN is one of the top 3 clearing firms in the world, 13th largest bank in the world. If they go bust we have much larger problems.

+10

s

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