What is the best exchange to trade forex options on?

I am using IG atm but the spreads are huge

 

Have you ever considered a structured exchange like the CME and a switch to FX futures and options?
https://www.cmegroup.com/trading/fx/options.html

Bob

 

Can you explain how this works? does it mean i need to use a broker like IB to use it?

 

It means you need a futures broker. Up to you which one you use. We offer futures too.

 

Yes, an IB universal account is a securities account regulated by the SEC and a commodities account regulated by the CFTC that is cross margined. You can be 100% long stocks and selling currency options on futures from the CME in one account. It is also a multi currency account so you could be long UK stocks and selling options on the CME.

 

I agree except for the term "cross margined". You can't offset ETFs with Futures and reduce margin. E.G. GC future vs GLD. You need to have both margin requirements.

 

We offer Forex, and we can offer per million pricing. All is negotiable based on the volume you do.