trading forex with a bank?

[gnoll]

Hi. I was wondering that do banks like Citigroup, Barclays, UBS offer leverage, margin for their forex clients, I know they require big deposits for account opening, but surely they will offer leverage for it?

[Nonpiker]

Typically it is between 2-3% from my experiences. 2% is really on the high side for a bank though and not something you should expect to get right away.

[elmagd2000]

Try Commerce bank at CBFX.com

[basenji]

I use CBFX and I like there platform, hedging is available if you like that as an option and pip spreads are reasonable. Basenji

[GBPKING]

I use IFX, great platform and fast execution.

[Nonpiker]

I think he is referring to a bank where you are held to EBS/Reuters rates. The places mentioned above are really just brokers with a bank name.

[gnoll]

Originally Posted by Nonpiker

I think he is referring to a bank where you are held to EBS/Reuters rates. The places mentioned above are really just brokers with a bank name.

Correct, but thanks for the previous answers anyway.

What is a credit line?

[gandyd66]

Originally Posted by basenji

I use CBFX and I like there platform, hedging is available if you like that as an option and pip spreads are reasonable. Basenji

I opened up a demo for CBFX yesterday and I've had nothing but problems with it...terribly slow...can't load the charts...freezes my puter.

Mebbe the real CBFX accounts are better than the demo's. I've tried un-installing and then re-installing.

Btw, has anyone tried them during news announcements? You know, heart attack stuff like the NFP coming out tomorrow (no, I'm not going to trade the NFP, just asking). So many brokers won't take trades at such times or raise the pip spread to large amounts.