IB does charge commission on forex , but spread is ultra tight

I've been with IB for more than 10 years and I have traded stocks, options, futures and forex with them. They do charge a commission on forex trades, but the spreads are ultra tight interbank spreads and their commissions are some of the lowest in the business, on all of their products. They do give lower leverage in forex than many others, but requiring more than 50 to 1 leverage is not a factor in my trading (and probably shouldn't be in most others', I'm sure).

I give only 4 stars because: YES, I know their customer service can be questionable, which I know from years ago and from other traders, but this is because IB is not interested in having to walk people through the basics or answer newbie questions. They expect their customers to have at least some experience before opening with them... you know when most people open an account and lie on their ap that they have years of "extensive" experience in trading and a $1M + net worth, and then call them up to complain about normal slippage that cost them 50 bucks... this pisses IB off, as it prob should. I haven't had to contact their customer service in over 4 years anyway.

AW, forexrealm.com 2010-06-27