FX Broker for US citizens with negative balance protection and commissions

Discussion in 'Forex Brokers' started by Maverick1, Oct 6, 2022.

  1. Maverick1

    Maverick1

    Hi,

    So far I've found IB, Forex.com, eToro with negative bal protection. Anyone else with that feature?

    Also, does anyone here pay their forex broker (US-based) commissions instead of paying the spread/vig?

    Thanks.
     
    Last edited: Oct 6, 2022
  2. M.W.

    M.W.

    You always pay the spread, regardless of broker or business model. Anyone who offers a product that offers otherwise is a bucketshop and most likely unregulated and highly shady imo.

     
    Maverick1 likes this.
  3. I think he is talking about not wanting a padded spread on top of interbank rates. IB has interbank rates and while they won't guarantee a negative balance they will liquidate if you violate margin requirements.