IB Pip/point/qty? | Reviews of Brokers and Data Feeds

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IB Pip/point/qty?

  #5 (permalink)

San Jose, Ca
Trading Experience: Beginner
Platform: MetaTrader 4
Broker/Data: Interactive Brokers
Favorite Futures: Forex
Joseph689's Avatar
Posts: 121 since Sep 2012
Thanks: 113 given, 37 received

sam028 View Post
IB is not a good option for small Fx size, below $100k, as the minimum commission is $2 if I remember well.
You can trade below micro-lot size, let's say $42 , but the commission will be $2 too.

Whatever happened to FXCM these last weeks I still think it's a good choice.

I'm on the fence as to FXCM. After looking at the webinar I really liked them; and in the threads Brad appeared honest and forthright. I was really excited about joining them.

Thanks for the advice!

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