I am looking for a Forex broker with the following: - tight spreads - ability to apply one strategy to multiple accounts with one platform since I will be managing multiple accounts - be able to set up accounts using IRA funds to trade FX (i.e. Millenium Trust) - have the option of using their back office services to calculate client fees, p/l, statements - decent charting/techical analysis I have only found Gain Capital/Forex.com having the above although their spreads at 3/4 pips is wider than others. I haven't tested their platform to know if I like it. PM me with suggestions.
There are a number of others that might fit the bill. Take a look at the brokers spreadsheet that Calculated Risk put together, with a specific focus on those offering multi-client interface as well as related features and services for managers. A work in progress, yet an excellent resource in your search.
I don' t think fx trading can qualify under IRA. Although I may be wrong on that one but I believe I heard that somewhere.
Check out ZoneTrooper thread: http://www.elitetrader.com/vb/showthread.php?s=&threadid=58963&perpage=6&pagenumber=1 He's already has it setup.
Like Oanda but no mini's ? http://www.ac-markets.com/en/standard/forex-account.asp I've never used them so dyor.