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as aperson who trades wholesale i cant stress enough if yoy have 100,000 usd
you should try speaking to the banks otherwise gni in the uk are very
reputable,also cmc with 50,000 usd
money deposited with smaller companies are dangerous as money on fx accounts
is unsecured unlike future traded accts which are segregated.So please
fully investigate who you deposit money with and the service you will
recieve.
regards
mark oliver
www.paratechnics.pair.com
-----Original Message-----
From: listmanager@xxxxxxxxxxxxxxx [mailto:listmanager@xxxxxxxxxxxxxxx]On
Behalf Of Paul Weston
Sent: Monday, January 31, 2000 8:45 PM
To: realtraders@xxxxxxxxxxxxxxx
Subject: [RT] RE: Re: Forex
They have a 5 pip spread and it there prices appear to be in line with the
bank quotes that I see. I have not found anyone that gives better than a 5
pip spread.
There lot sizes are fixed in terms of foreign currency - 100,000 EUR,
75,000GPB, 15,000,000 JPY, and 150,000 chf.
I think that smaller accounts may also have a per trade commission.
Hope this helps,
Paul
-----Original Message-----
From: listmanager@xxxxxxxxxxxxxxx [mailto:listmanager@xxxxxxxxxxxxxxx] On
Behalf Of jdfo
Sent: Monday, January 31, 2000 2:28 PM
To: realtraders@xxxxxxxxxxxxxxx
Cc: Real Traders
Subject: [RT] Re: Forex
What are their commissions and what spreads do they tell you they are using?
The pips here could add up to a sum that make it virtually impossible to
make any money. This is extremely critical in Forex trading as I am sure
you are well aware.
Also, what market are they quoting? Are they using a bank's quotes and then
making their own market in addition to the bid/ask spread and then
commissions on top of that?
Your response will be extremely interesting?
Thanks,
JO
-----Original Message-----
From: Paul Weston <paulweston@xxxxxxxxxxxxxx>
To: realtraders@xxxxxxxxxxxxxxx <realtraders@xxxxxxxxxxxxxxx>
Date: Monday, January 31, 2000 1:36 PM
Subject: [RT] RE: Forex
>I just opened an account with them. I have demo'd their DealStation 2000
>and was impressed.
>
>Haven't used them for real yet, so will let you know.
>
>Regards,
>Paul Weston
>
>
>
>
>-----Original Message-----
>From: listmanager@xxxxxxxxxxxxxxx [mailto:listmanager@xxxxxxxxxxxxxxx] On
>Behalf Of William
>Sent: Sunday, January 30, 2000 8:31 PM
>To: realtraders@xxxxxxxxxxxxxxx
>Subject: [RT] Forex
>
>
>
>I would appreciate feed back from traders who may have used
>"MG Financial Group" to trade Forex.
>
>Thank you, Cowboy Bill
>
>
>
>
>
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