Currently I'm creating arbitrage which needs flexible contract dimensions. I utilize oanda, but I've large slippages when I buy more than 2 full lots, I'm searching for something else with microlots (1k) and tight spreads. Maybe FXCM is great?
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Currently I'm creating arbitrage which needs flexible contract dimensions. I utilize oanda, but I've large slippages when I buy more than 2 full lots, I'm searching for something else with microlots (1k) and tight spreads. Maybe FXCM is great?
FXCM features microlot, but the maximum you can deposit is $5000 and account leverage is set at 400:1. You can buy in increments of $1000 (0.01 normal lot).
The platform is very limited in those respects. Leverage is too high for tiny accounts, along with also the deposit size is too small for a good dimension account. You're able to grow larger with earnings, but $5000 is the maximum you can deposit.