I'd appreciate anyone's impressions on how these three retail FX brokers stack up. Main feature I'm after is to trade wide carry spreads, in 'exotic' currencies - eg. TRY, ZAR, BRL against JPY, CNY, SGD. Mostly trade only in spot mkt. Thanks
Any comments on where one can find the best interest rates payable on carry trades? I've noticed bid-ask spreads on THB interest as wide as 6%-21%.
I have no experience with Saxo. Comparing FXCM and Oanda, FXCM has better rollover rates with lower margin requirements but only deals in major currencies.
I indeed had a very bad experience with Saxo, and I have a very bad opinion of it as a result. Others also have not fared well with Saxo, if the broker review page of ET is an accurate measure.
FXCM has been sued in federal court based on the complaints here described and many others. Those interested in joining please contact me: yorktown@lycos.es