how do you trade futures with no spread? broker name, etc? whats CME AND ES stand for? very curious right now
Apex, Optimus and AMP are brokers I am familiar with but there are hundreds out there, just like FX brokers. You would have to do research and decide from there, I cannot explain all of the in's and out's here.
togr does make a valid point in that with FX there is a spread and that is your cost whereas with futures there is commission and that is your cost so in either case your entering into a minus sum game and there's no getting around that. The CME (Chicago Mercantile Exchange) is a regulated exchange and operates with a level of transparency that's not available in FX, just given the nature of FX. This is why trading volume is meaningless in FX as any volume information will just be from your broker. In futures, contract volume has actual meaning as this is THE marketplace for all transactions. No dark pools or off exchange transactions. There are iceberg orders and things of that nature but all volume comes through the same portal. The price ladder or order book shows all resting orders at each given price level for everyone trading the given market. You're just not going to see that with FX.
Mind you, I'm only talking about scalping here. If you're intent is to enter a trade and hold it for 6 months, futures may not be the best vehicle as futures contracts expire so you'd be dealing with that. But for scalping, which to me is high frequency trading for single digit pips, there's just no question that futures is the better option. But you'd have to really explore both and make that decision.
Hopefully this helps a little.