Are IB's Interest & Financing charges fair enough?

Discussion in 'Retail Brokers' started by affan, Jul 23, 2008.

  1. affan


    Their interest paid for the major currencies is Bench Mark -0.5%. And their interest charged for major currencies is +1.5%. Doesn't that make currency trading a bit expensive with all the interest that is paid?

    I also have a Tradestation account but couldn't find on their website how much interest they charge for other major currencies.
  2. Daal


    Oanda has much better rates, their account is not as insured though