Beware of Interbank FX

benajnim · Dec 7, 2006

Quote from hillcmr:

I no longer play the FX broker games. I went back to trading currency futures now that the CME has joined the modern world and made them electronically traded. No artificially-imposed spreads, only a small commission. And you can place limit orders at any time, even 1 tick off the last sale, if you want.

There are some drawbacks with currency futures that you have to work around, however. But the positives outweight the negatives.
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What are the drawbacks?
Where could I learn more about trading futures?

THanks!

TSGannGalt · Dec 7, 2006

Dealers.

benajnim · Dec 7, 2006

Sorry I'm a newb.

Does this have to do with less liquidity in a futures market vs spot trading?

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Beware of Interbank FX

benajnim

TSGannGalt

benajnim