I have a question.
What people think of ECN type account vs. Fixed spread type account. FXPrimus has both options. Fix spread account is 5 pips spread and ECN type account is 3 pips +1 pip fee per trade.
What I noticed is: on my main account Oil B which is only second half of my trading account after I moved to it from part Oil A I have already paid more than 2% in fees. 2.5% actually. If to add part A it must be way more.
On my testing account I am 10.5% up and in 3 weeks I paid more than 2% for fees. so, I wonder what might be better. Higher spread but no fees or lower spread but 1 pip fee. yesterday they actually increased spread to 4 pips +1 pip fee so, in real term there was no difference. however, spread might have difference when it comes to stop loss or take profit as sometimes price hit my stop with spread of 5 pips and closes it but doe snot reach it with smaller 3 pips sprewad. i guess ECN 3 to 4 pips increase was due to overall increased volitility.
so, what people think of what is better?
I am going to start registering for live account with FX Primus so it is important for me to make a choice.
Thanks in advance.