Deutche Bank using FXCM, ABN-Amro Marketindex using Oanda,etc... Whitelabels, how does it work? I am considering Deutche Bank but who is holding the funds, FXCM?
Quote from virtualmoney: If you don't know what to suggest, just keep quiet and nobody would know you don't know. He was quite correct. You come across as a duffer. seriously, I need suggestions because I want to spread out my risk in my real money. Again, he was quite correct. You don't seem ready to trade that kind of money.
It reminds of those call-in financial radio shows where the caller can't figure out what to do with his $5 million blaah blah. 300k. What size trades are you putting on? At 2%, 100k trades, 10 lots, approx 61k margin at 25-1? Is that right? More than that? WTF!!! You need help from us? Enough already!!
Ok, ignore about me having $300K. Imagine YOU have it, how would YOU allocate $300K into different brokers? Where would you trade CME currency futures instead of spot fx since there is such a wide range of opinion about forex brokers?
Your choice is much bigger for futures brokers because with each of them you trade on a regulated exchange unlike most forex brokers who trade against you. I would put 25 % with a futures broker 25 % with Oanda,IB or Hotspot and MB