riskarb and MTE is giving you good advice, but you obviously do not want to hear it. Saxo is there to screw you..open an account and find out.
Lakka I would listen to their advice if they could give me an alternativeto saxo, on this thread every one wants to slag of saxo but no one is talking about who the best is in currency options, Name some broker or bank that you can trade, I dont think there are currency options traders on elite traders.
Trading with Saxo is fine if you're into self-flagellation. Their BO system is horrific. They have no concept of VaR or any risk-metric related to the correct marking of an option haircut. Saxo will liquidate ALL positions should their BO errors cause a liquidation call. I've never seen anything like it.
Deutsche Bank UBS BNP/Paribas SocGen Futures options can be traded through any pit-futures brokerage or Globex with IB, among others.
riskarb There we go again I beleive you but like I have asked before which broker is the best in currency options for an individual trader? i
There's no best. All brokers/dealers have their pros and cons. Saxo is not even a real bank. Read broker reviews on this site, search for the dealers riskarb provided.