Cost and places to trade currency?

Saturday, November 2, 2013 , Posted by Ryanita at 12:59 PM

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1) Where can you trade currency without actually going to the airport/bank? 2) What is the cost? Is there a certain fee like for trading stocks? I want to trade between US dollar and couple of European countries.


Answer
Any Forex broker

Forex simulator:
http://fxtrader.investopedia.com/Registration/Register4.aspx

Free Charts
http://www.dailyfx.com

Blogs
http://the-forex-trading.blogspot.com/

List of Forex Platforms and software

NinjaTrader platform
http://ampfutures.com/

http://forexplatformslist.com

http://www.marketiva.com/index.ncre?gid=3371
for beginners

http://softwareforexreviews.blogspot.com/2009/10/forex-software-project.html#comments


Compare Forex Brokers
http://www.goforex.net/forex-broker-comparison.htm

http://compare-forex.com/blog/

http://www.fxmaster.net/broker.html

Need a new broker for this and that... best for equities/options?




StrongerTo


Well, I have had it with Fidelity. I'm not having the best time trading options with them. I am actually considering converting or moving my account to a roth ira with them (only because of their service).

I am looking for a broker that provides equities/options trading (need margin) and a fairly low fee structure. I do trade pennies, but not that often. Futures/forex would be a bonus for not needing another account. As for the interface, it is quite important as this was my main problem with fidelity (options wise).

Appreciate the help & any recommendations. Thanks!



Answer
I am trading a lot of options, so a low cost per options contract is important to me. I am using eOptions. Their charge is a flat $3 per trade, either equities or options. The neat part is that they only charge an extra 10 cents per options contract and that makes a huge difference on puts & calls with a low premium. Their execution of orders is good and customer service is satisfactory to me. But don't expect to be trading penny stocks with them, but lets be honest, they are losers anyway.

http://www.eoption.com/broker_comparison.html




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