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[Mainframes]

Hi,

I would like to open an online account with an FX option broker. I would like some (preferably all) of the following to be available to me.

1) Ability to trade FX vanilla options (calls and puts; long and short)

2) Ability to do the above for emerging currencies (e.g USDHUF, EURHUF) as well as the majors.

3) Ability to set notionals of the options to whatever I want (as opposed to just being able to set notionals in round lots).

4) Bid/Ask Prices to be quoted in terms of bid/ask vols (as well as fractions of notional).

Would really appreciate help on this. Thanks

[Chesterfield]

Gonna be a bit hard to find everything you want in the otc market. But at the very least you can turn to options exchanged for some of the information you want by proxy.

Saxo-Bank offers a lot of exotics (http://www.saxobank.com/?id=916&Lan=EN&Au=1&Grp=5) - and near everything you are looking for, with the exception of all the analysis you want before yoru trades. Also trading options with saxo means you'll be trading options with saxo, so I'd be careful before making that decision.

Alternatively, and still limiting yourself from all the features you desire
forex-options.com give you the major pair - but also fixed lot sizes
and the cme gives you a lot of options in trading options, but again, not all you are looking for.

These are all the obvious answers to your question - I use fxcm and used to trade on the cme - both are great. But I know both are not giving everything you want.

Chesterfield