Hi, I am newbie to forex and have been reading this forum for sometime, I have a question if one were to trade currencies in the long term, going long/short for 6-12 months or more would it be fair to say: 1. Currency pairs which are available in futures, use futures because they are cheaper than forex if one were to take rollover interest into account especially some brokers like IB calculation charges excessive premium on the short side compared to the long side. Also for futures the rollover interest is builtin and the gains is taxed as 60/40 ratio while forex the gains are taxed at 60/40 whereas the rollover interest is taxed at income rate ?? 2. Currency pairs which are NOT available as futures or available as futures but lack liquidity use forex. 3. As for forex broker who favourably treats rollover interest with a wide choice of currency pairs(as many exotics), Which broker would you recommend for long term trading of forex ? From reading this forum, Oanda seems to be preferred broker for: - tight spreads - choice of large no of pairs - favourable rollover interest treatment(not excessive like IB) I would be interested to know if I am on the right track.