ECN with and without commissions.
Harshalgibbs
Member Since Oct 13, 2020
51 posts
Jan 27 at 05:05
ele020 posted:Mathewshayden posted:
What’s this all about ECN with and without commissions? My need is about getting the lowest spreads such as Alpari. Any similar options?
You need to look for a broker offering pure ECN spreads and competitive commission structure. You may find a couple of brokers offering such a structure but make sure to finalize the regulated one.
I am using Fxview which has a fair enough commission system, it is $2 for round trade (100k). Spreads are also low. Same with Alpari, so you can go for that if you have decided on it. Not a bad option in my opinion.
Elena Triston
(ele020)
Member Since Apr 15, 2020
120 posts
Jan 27 at 06:51
Harshalgibbs posted:ele020 posted:Mathewshayden posted:
What’s this all about ECN with and without commissions? My need is about getting the lowest spreads such as Alpari. Any similar options?
You need to look for a broker offering pure ECN spreads and competitive commission structure. You may find a couple of brokers offering such a structure but make sure to finalize the regulated one.
I am using Fxview which has a fair enough commission system, it is $2 for round trade (100k). Spreads are also low. Same with Alpari, so you can go for that if you have decided on it. Not a bad option in my opinion.
I use a couple of brokers on and off... the one you mentioned is also a part of my listed brokers. and yes, I do like their spreads and commission. On the top of it they are regulated. Solves my major concerns.
The more your practice, the more you learn.
williamhayes
Member Since Jul 09, 2020
34 posts
Jan 27 at 07:57
Mikehussey posted:williamhayes posted:Mikehussey posted:
If you are flexible with different account types you can even try STP. I’m using one on admiral markets and find it better in terms of pricing and spreads. There are absolutely no restrictions and certainly no re-quotes.
Since how long you been using this account?
Not very long though :) but liking the stability so far.
I think you’re being judgemental way too soon!
jimmyneeesham
Member Since Oct 05, 2020
34 posts
Jan 27 at 11:09
I don’t really have recommendations but all I can say is that no one should ever compromise on trading conditions or pay higher than what’s needed.
Adamgylicrist
Member Since Oct 19, 2020
36 posts
Jan 27 at 12:58
How frequently do you trade, if I may ask? If you trade a lot then it is good that you go for an ECN account but if you are a beginner and don’t have much idea about it, you should try to learn a few things and then get started. It is not at all easy to trade using high leverage and a broker that provides you with lower spreads should do the work. I have tried the demo account of Alpari but when I shifted to live accounts I used other brokers. You can look into Pepperstone, LCG and IG too.
Mathewshayden
Member Since Oct 23, 2020
40 posts
Jan 27 at 13:11
ele020 posted:Mathewshayden posted:
What’s this all about ECN with and without commissions? My need is about getting the lowest spreads such as Alpari. Any similar options?
You need to look for a broker offering pure ECN spreads and competitive commission structure. You may find a couple of brokers offering such a structure but make sure to finalize the regulated one.
Yes, I’m too insecure to use an unregulated broker.
Davidtaylorr
Member Since Oct 23, 2020
30 posts
Jan 28 at 05:53
Pepperstone spreads are good. ICM too.
Elena Triston
(ele020)
Member Since Apr 15, 2020
120 posts
Jan 28 at 07:11
Mathewshayden posted:ele020 posted:Mathewshayden posted:
What’s this all about ECN with and without commissions? My need is about getting the lowest spreads such as Alpari. Any similar options?
You need to look for a broker offering pure ECN spreads and competitive commission structure. You may find a couple of brokers offering such a structure but make sure to finalize the regulated one.
Yes, I’m too insecure to use an unregulated broker.
Everyone should believe the same. it kinda bothers me a lot to see new traders running after unregulated brokers in a greed of higher leverage. God bless them with healthy accounts,..... 😞
The more your practice, the more you learn.