I am looking for some details similar to the Brokers comparitive analysis dealing with FX Options trading. Any suggestions and/or information most welcome!!
A forex option is a contract between a buyer and a seller under which the buyer has the right - but no the obligation to sell (or buy) a specific amount of one currency against another at a predetermined price and on or before a preset date in the future. In return for this right, the forex option buyer will have to pay a one-time sum, called "premium" to the seller. you may take a look to Finotec for more detail about this.