Ali Son wrote:Talk to you later then---enjoy the 4th tomorrow!
Afterwards, when you are back online, perhaps you can tell me how do you find the futures currency contracts? What are the risk/rewards, outside of your unfortunate experience with bankruptcy of your forex company/account, compared with Forex?
Until next time, then, stay away from too many burgers and dogs!
The currency futures market is less liquid than the forex market.
I can and do get volume information but I have to pay for the data feed.
The initial margin on the Euro is almost 3K to leverage 125K compared to the 1K I use to post in margin to leverage 100K in spot forex.
I pay a $5.00 round trip commission, exchange fees, and I pay for CME Globex data feed monthly because I trade at night.
I also trade the 30 year bond as part of that data feed.
There is no below 250.00 floor and they stop trading in your account in the futures market. You can get margin calls if you don't use stops and there can be slippage on your stops.
Your account is segreated and covered by NFA/CTFC and no way does your broker get to steal it.