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Hi Ashif,
There are several companies offering this type of service. Companies
allowing you to deal in forex over the net include
CMC - http://www.forex-cmc.co.uk/
Union CAL - http://www.unioncal.com/
E-Forex - http://www.eforex.com/
and mg as mentioned. I have traded with cmc, but not with the others. From
what I have read on the net, most people recomend cmc or one of the others
rather than mg. The others require larger account sizes, higher margin and
charge no commision - just the spread.
I trade the forex market, but have never traded futures so I am unable to
give you a comparison. I like the fact that forex trades 24 hours which
means no gaps and very little slippage. Trading with cmc, I have never had
any slippage using stops. These companies also give you live free forex data
over the internet. I personally to not see any benefit in trading currency
futures rather than forex.
Regards
Simon Trevor
>Hi Rtrs, I came across a site http//www.forexmg.com advertising forex
>trading with $1000 min. account 5 pt spread -$10 commission -24hrs
>trading-6 dys a week for small investors 1% margin requirements - does
>anybody have an opinion or dealing with them. Does anybody do forex trading
>and prefer it to futures?
> Happy forexing, Ashif
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