Saturday, April 2, 2011

Why are there no standardized forex options?

Hi,

Its hard to find a broker that offers forex options. The one I know is Saxobank. When I tried the demo account, it lets you choose the exact strike price (5 pip increments) and the expiry date, day by day. They are way to customized and the pip spread is always 15 pips on most of them. This tells me one thing, saxo bank is trading against their clients, so its in their interest to manipuate the spread and win when client loses.

Why are there no standardized options for forex like they

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