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TWS is utter rubbish, fortunately IB offers Ninja Trader

Good.
Commission = Great.
Choice of Markets = None better.
3rd Party Software = Good choices (Ninjatrader etc).
Account Insurance.

Bad.
TWS Software = Utter rubbish, trying to do too much at once and failing spectacularly, seasoned users never upgrade until forced due to piss poor testing of new releases.
FX Trading = Confusing, all coversion back to base currency must be done manually.
Customer Service = Utter bullshit, as one user said 'the Communist party of Russia had better customer service'.
API = Buggy bullshit, each release breaks something new, need to run TWS on the same machine.

Summary.
Cheap commission, but you get what you pay for, good for day trading stocks and futures.
__________________

Craig, Forexfactory.com 2009-07-27

Interactive Brokers Interactive Brokers Review

Interactive Brokers Review - Forex trading experience and rating

Headquarters:
One Pickwick Plaza, Greenwich, CT 06830 USA

Country: United States

 

Regulated by:

CFTC, NFA (US) , FSA (UK), IIROC (Canada)

 


Trader's rate 3.1
Editor's rate 3.6

Account Info:

minimum deposit: $2,000

minimum lot size: 25k

max leverage: 1:50

 

Spread:

Variable, from 0.1 pips

Commissons: 0.2 pips, minimum $2,5

 

Deposit/Withdraw

Bank Wire, Check

 

Platform:

Custom trading platform

 

Broker type: ECN

 

Forex Signals:

Interactive brokers partners with Zulutrade to provide traders with access to the best forex signal providers in the world



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