Eurodollar fees???

[guy_mm]

Hello!!
I trade Eurodollar and I would like to know what is considered to be a reasonable price per round turn.
Cheers

 

[Indi]

well abt the cheapest is $4-5 Max and more important, 1 point spread with Interactive Brokers.

 

[guy_mm]

well abt the cheapest is $4-5 Max and more important, 1 point spread with Interactive Brokers.

$4 -5 per contract ??? It sounds very very expensive.....
what do you mean by 1 point spread with interactive brokers?

 

[Indi]

Hmm Guy idont know who ur gonna trade with,r u gonna use spreadbetting ?

By spread i mean the bid and Ask price which all brokers or s/betting companies quote.
1 point is probably the best u will ever get.S/beters chrge no commision but quote minimum 3 point spreads.So you have to make six points to just break even.
IB charge abt $2.30 to enter a position and the same to close.