B"H Hello Can anyone suggest an alternative to IB's friends and family or the PAMM offering from the FX bucketshops? TIA.
im kinda new to looking up stuff for managed accounts, so i dont really know what PAMM is.... anyways, have you tried looking at Oanda FXManager? http://fxtrade.oanda.com/forex_trading/fxmanager/
I am also looking for an alternative to IB, platform sucks for FX and stock has been acting very poorly . Oanda is great but has no SIPC or FDIC, Citi Fx has larger spreads and no FDIC for non dollar accounts. Saxo is crooked I read, so what else is there ? What about DB FX , any govt protection scheme ? What are the PAMM offerings from bucket shops ?
Yeah what do you mean ? The platform is the same, and quotes are the same ? It seems as though they really developped their product , I looked at them last year and didn't see anything better than Oanda, now I am really impressed, funds are guaranteed, spreads are lower than Citi and similar to Oanda. Ability to hedge also. I don't see anything I don't like here. Why wouldn't you trade there ? I used FXCM in the past, left because of freezes and bad quotes
All of that might be true but I can't stand their platform. I tested it and it froze several times, lagged, etc.