Futures vs Forex in 2022 - Which asset you should trade?
is the home of Forex futures. The CME is one of the largest exchanges in the world and is very well capitalized. Some of the largest banks use the CME Forex futures to hedge currency risk.we can see trading volume and open interest easily and everyone has access to itthe CME has double regulation. They are a Futures exchange, so they are under the watchful eye of the NFA and the SEC. They are also a publicly traded company, so they have another level of regulation that comes with that structure.
If you are trading a mini lot , your cost would be USD 3.172 and if you were trading a micro-lot, your cost would be USD 0.3172 .In this type of account, the typical spread offered on EUR/USD might be about 0.3 pips. That means 0.6 pips round-turn. A typical commission structure for professional traders might be between $3 to $4 per side , per full lot traded.1 pip=1.2200 * $10=12.2 USDspread cost: 0.6 pips round turn=0.6*12.2=7.32 USDAll-In Cost=9.76 + 7.32=17.08 USD which is around a 50% discount compared to regular retail pricing.
Even if the spread on the CME were 0.5 pips, for 1 mini contract you would still be paying 1 pip round turn + 1.17 USD commission round turn which is 2.39 USD – better than your average retail spot Forex broker, but certainly not as competitive than your active trader or professional all-in costs.The conclusion to the spot Forex vs Futures debate is quite simple. Spot Forex is more accessible, and the low deposit entry barrier makes it easy to trade.
Singapore Latest News, Singapore Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Forex Today: FX board wakes up with US inflation at a 40-year highWhat you need to know on Thursday, January 13: The greenback plummeted following the release of US inflation figures. The December Consumer Price Inde
Read more »
BTC/USD Forex Signal: Break and Retest To Push BTC to 45,480The BTC/USD price continued its cautious recovery as investors predicted that the rising inflation in the United States may have peaked.
Read more »
Forex Today: 7% US Inflation Hits US DollarUS Inflation Highest in 40 Years; Dollar Falls Despite Bullard Mooting 4 Hikes in 2022; Commodity Currencies are Strongest Gainers
Read more »
GBP/USD Forex Signal: Sterling Set for More GainsThe GBP/USD pair held steady on Thursday morning as investors reacted to the latest American consumer inflation data.
Read more »
AUD/USD Forex Signal: Extremely Bullish Above 0.7280The AUD/USD price jumped to a key resistance level as the US dollar sold off following the strong American inflation data.
Read more »
Forex Today: Dollar stays under pressure ahead of key US dataHere is what you need to know on Friday, January 14: The US Dollar Index closed the third straight day in the negative territory on Thursday and exten
Read more »