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Friday, April 27, 2007 3:37:21 PM
Now I have been trading currency using FXCM and in certain times during the day, they modify the PIP spread (for example the EUR/USD used to be 3 pips, but now it sometimes fluctuates between 2 and 3, which is REALLY ANNOYING). Now any professional or active currency trader will find this annoying I guarantee! Once Espirit gets established their fixed 2 pip spread (and can someone that has used their demo verify, they have 2 pip spread on all major currency pairs? or just a few active ones) I think they can have huge potential from this alone. FOREX will be huge, especially since it is world wide.
I think the debt and card processing is big too, but that carries a bit more risk, stay tuned for another rant on the other financial products, this was my forex rant...
All in my own Opinion, Not a Recommendation!!! But let's try to make some money!
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