Posts: 2,493 since Sep 2010
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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 makes up sometimes for smaller spreads.
The key is to go to a place where you can truly negotiate a little, not one of those franchise outfits.
It is recommnded to send the funds in US dollars if one wants to trade US markets.
Trading futures and options involves substantial risk of loss and is not suitable for all investors. Past performance is not necessarily indicative of future results. You may lose more than your initial investment. All posts are opinions and do not claim to be facts. Please conduct your own due diligence. Use only Risk capital when trading Futures.
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