Options for Forex

Discussion in 'Forex' started by redbull13, Mar 10, 2006.

  1. Why aren't there options for forex? Am I totally missing something here? Sorry if this is a moronic question, but I have no idea.
  2. gkishot


  3. gkishot, have you used IKON, either for options or spot?
  4. gkishot


    Yes, I use IKON for options and spot. The minimum lot size for EUR/USD is 10k, for other pairs and metals it's 100k. No realtime p/l for spot. But it's realtime for options. They are 2 separate platforms for options and spot.
  5. they seem to have pretty wide spreads, for spot fx at least... how are they on options? last i looked, saxo's bid/ask spread on options was of 0.10 (10 pips of underlying) pretty much across the board i think...
  6. gkishot


    15 pips across the board.
  7. igor123


    Way better igindex
  8. gkishot


    How a casino is better than the free financial markets?
  9. traded lots of binaries with ig and quite a few fx options; spread is huge and the company operates like a bucketshop, using tricks from widening the spread to the absurd to cutting off the mkt the instant u try to enter trades if they fear u have a good chance of making money and they even try to defraud your acct. adding transactions that have never taken place...happened to me.

    stay away from them
  10. Dak


    thank for your feed back Bitstream.
    Options on FX is a topic with very very few informations around...
    Any comment with options FX on CME? spread? No many volume it's seem...
    For FX options brokers, it's seem that 8-10 pipes spread (theorical: same pb here, that with spot Forex :mad: ) is the best norm.
    Investigate for a broker and find this ones:
    -www.cfosfx.com (10) pipes (US)
    -www.cbfx.com (GB and US)
    Feel free to investigate yourself and let us know your comments.
    If you have one, and be happy (or not) with it, feel free to share.
    #10     Mar 12, 2006