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Search: Posts Made By: mattz
Forum: Brokers July 17th, 2012, 10:33 AM
Replies: 10
Views: 5,749
Posted By mattz
FCMs like retail go through banks and banks have...

FCMs like retail go through banks and banks have a mark up over and above the spot rate.
Like all things, the higher the amount the less mark up.

Smaller places have their "service fee" that...
Forum: Brokers July 15th, 2012, 10:56 PM
Replies: 10
Views: 5,749
Posted By mattz
There are many smaller outfits in foreign...

There are many smaller outfits in foreign exchange physicals that would take a smaller spread.
They are in most big cities, and the banks are the worst for conversion.
I see 1000 pips spread at...
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