US forex broker for mid-long term positions? IB interest is killing me

Discussion in 'Forex Brokers' started by jjj, Jun 6, 2015.

  1. That is factually totally incorrect and I have provided the math on this site down to the penny.

    And you don't understand how IB charges for interest rates. It marks down credit interest and marks up debit interest. It's really not that hard mate. Take a look at the plenty examples on their website.

     
    #31     Jun 21, 2015
  2. loyek590

    loyek590

    ok, if you say so, and I am USA heterosexual, not anybody's "mate".
     
    #32     Jun 21, 2015
  3. Then stop displaying your total lack of knowledge so we can take you seriously, mate.

     
    #33     Jun 21, 2015
  4. luisHK

    luisHK


    Did you supply the math right to the penny that trading fx futures is equal to trading cash fx while holding overnight with IB ? Where did you accomplish that feat ?
    Please don't be shy, do it again on this thread, we could do with another of your arithmetical nonsense before dinner.
     
    #34     Jun 21, 2015
  5. I never said it includes holdings with rolling. Read more carefully. I chose every single word carefully in my claim.

     
    #35     Jun 21, 2015
  6. So Oanda's interest rate spread on majors seems to be 0.4% (yearly I suppose), what is it at IB? 0.4% is very reasonable imo, assuming you are not into complex arbitrage spreads, but just outright, since 0.4% is just a tiny bit compared to what you are going to win or lose on the difference in buy / sell rates.
     
    #36     Jun 21, 2015
  7. luisHK

    luisHK

    From what I understand with IB on long EURUSD it comes to 0.5% to 1.64% and short eurusd 1.5 to 0.5%, depending on the position size.
    As there is no interest paid on positive balance on eur nor usd you can chek the table below on what is charged on the negative balance:
    https://www.interactivebrokers.com/en/index.php?f=interest&p=schedule2
     
    #37     Jun 21, 2015
  8. loyek590

    loyek590

    be patient, don't complain, you'll get there someday if you keep your losses short and let your profits ride
     
    #38     Jun 21, 2015
  9. zdreg

    zdreg

    don't be so touchy. mate in informal british english means friend. at least he didn't call you a whore monger but give it time.
     
    #39     Jun 26, 2015
  10. loyek590

    loyek590

    yes, and in informal british english fag means cigarette
     
    #40     Jun 26, 2015