Would you guys share your experince with brokers. I am looking for a new FX Broker. I am having problems with this 10000 USD min lot, because of my conservative trading. Which brokers fits best the small trader?
You better check further on Oanada on this board, lots more critical posts. BTW, why don't you just trade the futures contracts at the CME. Regulated, transparent. No FX broker razzle, dazzle.
Sure, but at least the playing field is level, or at least leveler. Your deposit is protected and 10K is enough to trade FX futures.
How about commission? He is specifically asking to trade small size below 10000 How can futures compare for small size trading with oandas 1000 lots (1 tick=0.1$) or less and no commission
Commission is $5.64 RT, is that too much for you? One contract = 125,000 EUR. That might be too big for you , so trade a mini. (62,500) http://www.cme.com/trading/prd/contract_spec_EC2465.html http://www.cme.com/trading/prd/contract_spec_E72462.html