Trading with a Bank

[FXninja]

With all the concerns being raised about the stability of forex brokers, i've decide to find te most stable/regulated establishemnt where I could trade from. I came across a bank that supposedly allows individual traders to trade currencies. In my opinion thrading through a bank is a lot safer than a broker. Is that a valid assumption? Please elaborate either way.

Second, are you guys aware of where I can find a list of banks that allow for individual traders to trade the forex market?

Thanks!

[radicalmoses]

What bank are you referring to?
Just because you are dealing directly with a bank does not mean that you are going to be any more successful. The only advantages of trading directly with a bank is getting a tight spread and even then you should be having a big bank roll. Also, the spread is variable and you get what is the best quote at that time. Dont rely on a tight spread at news times.
Just some things to chew over. If however you are looking for a good broker, this forum has enough info. If you would want to discuss more, pm me.
The stability of funds with a bank is a myth, IMO. Banks can go down under too. There are guys who trade with traditional brokers for 15 years or more and new ones coming up all the time.
If you have a big account to trade, you can negotiate a tight spread even with traditional brokers. There are traders who are successful trading 5pips on major currencies and trading with dealing desk brokers.
Drop me a pm, if you want to discuss brokers.

[Tamburlane]

Give me a bank any day over the other sites, even the best-known and most reputable. Banks must answer to government regulators and oversight. Try saxobank dot com and dbfx dot com. As always in this industry, caveat emptor.

[fxtrader777]

Aha I think dbfx is good. i like their internationa payments service too

[ngdaniel]

Originally Posted by fxtrader777

Aha I think dbfx is good. i like their internationa payments service too

It is good if you have a minimum $10,000 deposit. Can you recommend a brokerage for less?

[lamode]

Originally Posted by fxtrader777

Aha I think dbfx is good. i like their internationa payments service too

They are basically another FXCM, check out their address, platform, registration form's URL and reviews before you put any money into it.

[Trevman]

http://www.forexbastards.com/broker_reviews.shtml