spot fx or currency futures?

Discussion in 'Forex' started by acerbits, May 3, 2007.

  1. I'm thinking about trading forex in addition to index futures and energy futures. Any sugestions on the pros/cons of spot forex vs currency futures?
  2. There's been a few threads about this in past year, I would search around for them. I trade fx futures, which have many advantages. Spot still has its place, especially if you're trading crosses or less liquid futures (SEK, NZD, etc).
  3. Surdo


    Unless you need exposure to exotic pairs, FX futures are the way to go.

    el surdo
  4. how's the volume on major pairs? whats the max realistic lot size you can daytrade on fx futures?
  5. Surdo


    You will have no problem with a 10 Lot, small slippage on a 25!
    It's between markets right now and EC is 62 X 12.

    Cable, Yen, Swissie futures are a little thinner but liquid during RTH.

    el surdo
  6. hmmmm, how much splippage would there be on spot fx? I can handle around 100 lots with my capital and risk tolerance. trades usually last 30min to a few hours.
  7. So you're saying you may take a position of up to 100k lots at any one time?

    1 lot = 100k

    100 lots = 10000k :confused:

    a swing of 20 pips would break a small country... what gives? if this is true ring up a ECN broker and tell them that, they will be falling over themselves to get a piece of the commission :D
  8. Surdo


    How many lots do you normally trade in ES or CL?

    el $urdo
  9. Anyone know a good book or website for currency futures education?

  10. 60 or so at a time.
    #10     May 5, 2007