ECN with and without commissions.
Member Since Nov 23, 2020
15 posts
Feb 24, 2021 at 04:22
@salamibrish That’s not so bad. How are the commissions with Fxview like? Low?
Member Since Nov 24, 2020
28 posts
Feb 24, 2021 at 11:53
layerchazard posted:They charge a dollar per side which is low/medium-low I guess. You know there are brokers that don’t charge anything for commissions so that’s like the lowest but spreads are another story with them. Or there are some other conditions, like with IB (my other broker) I have got to make trades worth at least $10k or else there’s no commission-free thing going there, and also it’s important to maintain a balance of $25k. Fxview on the other hand is easy on these bits.
@salamibrish That’s not so bad. How are the commissions with Fxview like? Low?
Elena Triston (ele020)
Member Since Apr 15, 2020
219 posts
Feb 26, 2021 at 11:14
joastdaffy posted:are you saying that they are a offshore broker? I dont think so.... They are CySec regulated ECN broker. I am testing them currently and so far they are good.
Oh, you guys are talking about fxview? I actually made a demo account on there some time back and it all seemed rather nice man but I never made a live account, being offshore and all.
The more your practice, the more you learn.
Member Since Nov 24, 2020
28 posts
Feb 26, 2021 at 11:47
joastdaffy posted:My previous I was in a fairly similar frame of mind but my cousin who’s been a trader all his adult life had a few off-shore accounts and he even has a portfolio in Japanese stocks?! I mean Japan FFS. So yeah, I just figured if he can trade on NIKKEI, I can at least invest in major currency pairs on a regular off-shore broker! And Fxview is regulated by FCA and Cysec besides others so I was good man. I think I must have saved like $200 on spreads alone from the time I’ve been with them. And then of course on taxes too!
Oh, you guys are talking about fxview? I actually made a demo account on there some time back and it all seemed rather nice man but I never made a live account, being offshore and all.
Member Since Jul 23, 2020
869 posts
Feb 26, 2021 at 18:00
ele020 posted:How long are you trading with them? Are their services good?joastdaffy posted:are you saying that they are a offshore broker? I dont think so.... They are CySec regulated ECN broker. I am testing them currently and so far they are good.
Oh, you guys are talking about fxview? I actually made a demo account on there some time back and it all seemed rather nice man but I never made a live account, being offshore and all.
Member Since Nov 23, 2020
15 posts
Mar 01, 2021 at 10:21
@salamibrish thanks for the info bro. P.S. I wish I had a cousin like that too lol.
Member Since Nov 24, 2020
28 posts
Mar 01, 2021 at 11:49
Y’all can take him off my back anytime you want lol he knows trading but that boy is uptight!
Member Since Oct 23, 2020
41 posts
Mar 01, 2021 at 11:55
ele020 posted:Offshore AND regulated, is my understanding! Can’t it be both?joastdaffy posted:are you saying that they are a offshore broker? I dont think so.... They are CySec regulated ECN broker. I am testing them currently and so far they are good.
Oh, you guys are talking about fxview? I actually made a demo account on there some time back and it all seemed rather nice man but I never made a live account, being offshore and all.
Elena Triston (ele020)
Member Since Apr 15, 2020
219 posts
Mar 02, 2021 at 05:29
LyudmilLukanov posted:ele020 posted:How long are you trading with them? Are their services good?joastdaffy posted:are you saying that they are a offshore broker? I dont think so.... They are CySec regulated ECN broker. I am testing them currently and so far they are good.
Oh, you guys are talking about fxview? I actually made a demo account on there some time back and it all seemed rather nice man but I never made a live account, being offshore and all.
Its been a couple of months now. And yes they are good as per my requirements. Tight spreads, low commissions, deposits via cards etc are all good to me.... Plus, they are regulated so its like cherry on the cake. 😄
The more your practice, the more you learn.
Elena Triston (ele020)
Member Since Apr 15, 2020
219 posts
Mar 02, 2021 at 05:35
Mathewshayden posted:I don't think so that they are offshore also not sure if a broker can be offshore and still be regulated. Do you have a source where we can check it out? According to me they are based is Cyprus...ele020 posted:Offshore AND regulated, is my understanding! Can’t it be both?joastdaffy posted:are you saying that they are a offshore broker? I dont think so.... They are CySec regulated ECN broker. I am testing them currently and so far they are good.
Oh, you guys are talking about fxview? I actually made a demo account on there some time back and it all seemed rather nice man but I never made a live account, being offshore and all.
The more your practice, the more you learn.
Member Since Oct 23, 2020
41 posts
Mar 02, 2021 at 12:18
ele020 posted:They can I suppose be both...fxview in point.Mathewshayden posted:I don't think so that they are offshore also not sure if a broker can be offshore and still be regulated. Do you have a source where we can check it out? According to me they are based is Cyprus...ele020 posted:Offshore AND regulated, is my understanding! Can’t it be both?joastdaffy posted:are you saying that they are a offshore broker? I dont think so.... They are CySec regulated ECN broker. I am testing them currently and so far they are good.
Oh, you guys are talking about fxview? I actually made a demo account on there some time back and it all seemed rather nice man but I never made a live account, being offshore and all.
Russel Gutierrez (russellgutierrez)
Member Since Jun 03, 2020
56 posts
Mar 03, 2021 at 07:01
Marshshaun posted:No’ it’s not that difficult if and only if you have done your research. You need to spend some time looking for a broker who can give you all of these features. I, apart from self research, even consulted some of my friends for the same. Then came to know about some of the good ones like Fxview. It has lowest commissions and tight spreads. I am also daytrading through Oanda.
Low spreads and low commissions is the need of the hour but can rarely be found.
Elena Triston (ele020)
Member Since Apr 15, 2020
219 posts
Mar 03, 2021 at 07:14
Mathewshayden posted:I just did my research and concluded that they are not an offshore broker but regulated ECN broker based in Limassol, Cyprus. They operate under Charlgate Ltd. Just checked it out from their support. They gave me this link as well.. https://www.cysec.gov.cy/en-GB/entities/investment-firms/cypriot/81661/ele020 posted:They can I suppose be both...fxview in point.Mathewshayden posted:I don't think so that they are offshore also not sure if a broker can be offshore and still be regulated. Do you have a source where we can check it out? According to me they are based is Cyprus...ele020 posted:Offshore AND regulated, is my understanding! Can’t it be both?joastdaffy posted:are you saying that they are a offshore broker? I dont think so.... They are CySec regulated ECN broker. I am testing them currently and so far they are good.
Oh, you guys are talking about fxview? I actually made a demo account on there some time back and it all seemed rather nice man but I never made a live account, being offshore and all.
The more your practice, the more you learn.
Member Since Jul 14, 2020
42 posts
Mar 03, 2021 at 11:32
With spreads, do take care of your strategies. Do not compromise with them. Work on them.
Member Since Oct 23, 2020
41 posts
Mar 03, 2021 at 12:24
ele020 posted:Cool! Thanks for the infoMathewshayden posted:I just did my research and concluded that they are not an offshore broker but regulated ECN broker based in Limassol, Cyprus. They operate under Charlgate Ltd. Just checked it out from their support. They gave me this link as well.. https://www.cysec.gov.cy/en-GB/entities/investment-firms/cypriot/81661/ele020 posted:They can I suppose be both...fxview in point.Mathewshayden posted:I don't think so that they are offshore also not sure if a broker can be offshore and still be regulated. Do you have a source where we can check it out? According to me they are based is Cyprus...ele020 posted:Offshore AND regulated, is my understanding! Can’t it be both?joastdaffy posted:are you saying that they are a offshore broker? I dont think so.... They are CySec regulated ECN broker. I am testing them currently and so far they are good.
Oh, you guys are talking about fxview? I actually made a demo account on there some time back and it all seemed rather nice man but I never made a live account, being offshore and all.
Elena Triston (ele020)
Member Since Apr 15, 2020
219 posts
Mar 04, 2021 at 05:57
Mathewshayden posted:You are most welcome... 😎ele020 posted:Cool! Thanks for the infoMathewshayden posted:I just did my research and concluded that they are not an offshore broker but regulated ECN broker based in Limassol, Cyprus. They operate under Charlgate Ltd. Just checked it out from their support. They gave me this link as well.. https://www.cysec.gov.cy/en-GB/entities/investment-firms/cypriot/81661/ele020 posted:They can I suppose be both...fxview in point.Mathewshayden posted:I don't think so that they are offshore also not sure if a broker can be offshore and still be regulated. Do you have a source where we can check it out? According to me they are based is Cyprus...ele020 posted:Offshore AND regulated, is my understanding! Can’t it be both?joastdaffy posted:are you saying that they are a offshore broker? I dont think so.... They are CySec regulated ECN broker. I am testing them currently and so far they are good.
Oh, you guys are talking about fxview? I actually made a demo account on there some time back and it all seemed rather nice man but I never made a live account, being offshore and all.
The more your practice, the more you learn.
Member Since Oct 05, 2020
40 posts
Mar 04, 2021 at 09:59
philipsimmions posted:I don’t have enough time to make strategies and don’t know much about trading as well. Can I still go for trading? I am leaning towards copy trading
With spreads, do take care of your strategies. Do not compromise with them. Work on them.
Member Since Nov 10, 2020
23 posts
Mar 05, 2021 at 05:33
jimmyneeesham posted:There are forex account managers who can trade on your behalf. But still try and learn to trade by yourself.philipsimmions posted:I don’t have enough time to make strategies and don’t know much about trading as well. Can I still go for trading? I am leaning towards copy trading
With spreads, do take care of your strategies. Do not compromise with them. Work on them.
Member Since Nov 24, 2020
28 posts
Mar 10, 2021 at 11:58
Gleywilleyy posted:Well I wouldn’t go for a managed account. Wouldn’t you be worried that someone else won’t pay much attention to you making money as much as you would?jimmyneeesham posted:I don't know how you plan to trade, that is without spending time chalking out your strategies. And especially when you have no knowledge about it.philipsimmions posted:I don’t have enough time to make strategies and don’t know much about trading as well. Can I still go for trading? I am leaning towards copy trading
With spreads, do take care of your strategies. Do not compromise with them. Work on them.
Member Since Nov 10, 2020
23 posts
Mar 13, 2021 at 06:16
mitchelmarsh008 posted:Are you sure about it? I think the management firms charge a penalty for early withdrawal along with a percentage fee generated with trading activities.joastdaffy posted:It’s not that bad. Because a forex account is liquid, you can simply withdraw the money in case you don’t wish to proceed further. Now this doesn’t mean I’m saying it’s a great option. I still believe you should learn all about trading as it’s your money at stake. Also, the best way to go about it is demo trade. I did it with pepperstone and my craft just got better.
Me too @salamibrish. From what I know, account managers usually use online foreign exchange brokers to trade within the forex account agreement. As an owner, you won’t be allowed to trade your funds in the same account.
