Welcome to the new Traders Laboratory! Please bear with us as we finish the migration over the next few days. If you find any issues, want to leave feedback, get in touch with us, or offer suggestions please post to the Support forum here.
dinorumble
-
Content Count
1 -
Joined
-
Last visited
-
I've been testing a few FX brokers now for a while against Interactive Brokers. I've found that the ones that use MT4 (at least for Interbank fx and fxdd) have big spreads (which they are upfront about) BUT I've found Oanda (which does not use MT4 but has super crappy charting without any third party add-ons available) has spreads that are just as tight as Interactive Brokers but without the commission on EUR/USD(1pip spread) and USD/JPY(0.9pip spread) . For a few split seconds though; InteractiveBrokers spreads can get super tight ( EURUSD and USDJPY can get to 0.5pip spread) I've chosen to use both Oanda and IB for trading but like to have MT up for some long term charting and indicators