Is IB own forex trading fair?

Discussion in 'Interactive Brokers' started by GloriaBrown, Jul 31, 2015.

  1. So if I want to trade FX, trade with IB FX is a pretty good choice and better than CBOT future?
     
    #11     Aug 1, 2015
  2. i960

    i960

    Yes, although the one thing I do like about the futures is actually having access to volume.

    I do trade 6E, 6J, 6B, and sometimes 6A and DX. I think EURUSD futures offer good liquidity.
     
    #12     Aug 1, 2015
  3. Yeah at least we can see the volume with future. I think no volume IB future is only good for interdays, weeks, months trade then. For day trade with index future, my experience is that volumn matters a lot to determine turning point or a trend starts.

     
    #13     Aug 2, 2015
  4. Yes, with TOS I hold my trades 3-5 days with 6E and 6B. There is good volume there. If I trade intraday then I trade spot FX with TOS but IB is just as good or probably better as a broker for both. My problem is that when I trade spot FX I get stopped out many times a day. As a result, I try to look for longer trends and use FX futures options which help greatly to avoid getting stopped and riding the trend with better discipline.
     
    #14     Aug 2, 2015
  5. Cool, what kind of analysis do you use? I still cannot find a good way to determine a trend start.

     
    #15     Aug 2, 2015