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Date/Time: Thu, 18 Apr 2024 06:46:10 +0000

Post From: New Sierra Chart Futures Order Routing with Data Service (Available)

[2019-04-08 04:37:26] Link To Thread - Link To Post [Go To First Post]
Acro - Posts: 436
Re post #117, whilst I appreciate the feedback my thoughts are: AMP wires cost USD30 and currency conversion is USD30. Not sure on the fees of maintaining an HSBC account with multiple currencies. Since you need to factor all fees into your P&L, you'd need to model in the HSBC monthly fees as well as the regularity of broker withdrawals/deposits and related transaction fees (both of AMP and your own bank) to keep a minimum balance with your broker to trade your required number of contracts at a safe margin. I have no desire to keep more than the minimum with a broker due to the horror stories that abound in the industry. If you instead have an Interactive Brokers account where you deposit the funds locally there are no such fees. That is my point Date Time Of Last Edit: 2019-04-08 04:44:44