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What are some of the best US forex brokers and the account sizes required to open? I know of MB Trading, Ninjatrader (but what account size required?), ThinkOrSwim (Again, account size?), and Forex.com.
Which brokers allow Ninjatrader or Multicharts connections?
Can you help answer these questions from other members on NexusFi?
TOS do not have an minimum size in order to open an account. However they have an Margin requirment. However if you go with them. I think The data feed is free and The TOS platform. But higher commisions.
Trading: The one I'm creating in the present....Index Futures mini/micro, ZF
Posts: 2,307 since Nov 2011
Thanks Given: 7,341
Thanks Received: 4,511
NinjaTrader Brokerage partnered with FXCM and the only way to trade FX instruments with Ninja leveraged. I'm happy with them and so far so good just wish they had 2 factor authentication like IB does. For larger accounts there's no deal desk too. $2k is their minimum account size.
I'll also upvote FXCM though I just started trading with them via MultiCharts (in addition to Oanda, though Oanda you pay spreads-only vs. low spread+commission with FXCM which ends up saving almost half the commission depending on how much you trade in a month).
No issues thus far but time will tell...
p.s. I'm also paying $100/mo for a data feed via MCFX which I may switch off of and use NT8 at some point (or write a QuickFIX->DDE interface for MC).
