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Sorry I should have made that clear. I use metatrader to execute my trades on this broker. I still use Gain on Ninjatrader for additional charting and because I don't like programming indicators for Metatrader.
The reason they can support hedging is precisely why they don't belong to regulatory agencies, which is not cheap and that cost is passed on to the trader anyway. They do limit leverage to about 200:1 which is more than reasonable. All in all I like their business model.
Can you help answer these questions from other members on NexusFi?
personally id trade futures unless $$ is a factor then trade FX but make sure you're using an ecn MBTrading ($400 acc min) or ducksacopy in switzerland (5K acc min) are both good choices.
I actually switched from futures to forex because I could get paid to place trades. I am a scalper and place A LOT of trades going for very tiny moves over and over again. MB trading pays me a dollar per hundred k, so the net effect is that I pay NO commissions.
The flip side is that the leverage is way better in futures, so if you are comfortable trading big lots, your margin will be far less in futures (approx $500 per 125K --on Mirus--vs. about $2500 in forex for $100k)...
I would recommend forex trading. The spreads on ECN forex brokers are much less than futures. It is also better for smaller traders because of the no minimum lot margin rule in forex.
