Thursday, January 11, 2007 12:58:43 AM
NO DEALING DESK for FXCM
I just switched today ... I guess it should be like the spreads at OANDA. They widen during off hours and economic events. With a 2pip spread on the EUR/USD and 200:1 you cannot go wrong! OANDA offers 50:1 leverage with a 1.5 pip spread. I consider the .5 pip extra the FXCM charges as interest for the short term loan they give me
(200 as opposed to 50 leverage)
http://www.fxcm.com/spreads-and-margins-no-dealing-desk.jsp
I just switched today ... I guess it should be like the spreads at OANDA. They widen during off hours and economic events. With a 2pip spread on the EUR/USD and 200:1 you cannot go wrong! OANDA offers 50:1 leverage with a 1.5 pip spread. I consider the .5 pip extra the FXCM charges as interest for the short term loan they give me
(200 as opposed to 50 leverage) http://www.fxcm.com/spreads-and-margins-no-dealing-desk.jsp
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