What is the best exchange to trade forex options on?

Discussion in 'Options' started by none4425, Mar 15, 2019.

  1. none4425


    I am using IG atm but the spreads are huge
  2. Robert Morse

    Robert Morse Sponsor

  3. none4425


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

    Robert Morse Sponsor

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


    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.
    Last edited: Mar 15, 2019
  6. Robert Morse

    Robert Morse Sponsor

    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.
    MattZ likes this.
  7. MattZ

    MattZ Sponsor

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