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Mathewshayden
Jan 29 at 11:05
40 posts
ele020 posted:
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,..... 😞

Yea and then to shift the blame to the agency or the company in question, when they clearly didn’t care about safety in the first place.

Mathewshayden
Jan 29 at 11:10
40 posts
Kees_Lars posted:
Mathewshayden posted:
Yes, I’m too insecure to use an unregulated broker.

Ofcourse and who won't be?

There are many who don’t actually care about regulations, and that’s why unregulated broker firms exist.

robindude
Jan 29 at 11:38
74 posts
Mathewshayden posted:
There are many who don’t actually care about regulations, and that’s why unregulated broker firms exist.

Very good but they will complain the moment their funds are being stolen

Faujinn
Jan 29 at 14:14
29 posts
I completely agree with you, this result is really possible.

Vanza Dorbey (vanzadorbey)
Jan 29 at 21:15
27 posts
Aurisida posted:
At the moment, with the broker Amarkets, I park on ECN with a leverage of 1: 200 and a depot from $ 200

it seems to me very advertisement smelling comments...who the heck is Amarkets hahahah

Harshalgibbs
Feb 01 at 04:13
51 posts
It is not that difficult to find an ECN broker that offers low spreads. Just make sure the broker has 0.1 to 3 pips and the spreads are flexible. I use XM and Fxview and I really like the spreads. The ECN account has a deep liquidity pool and competitive spreads.Even the leverage is high. Works very well for me so I stick to these.

williamhayes
Feb 01 at 06:28
35 posts
jimmyneeesham posted:
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.

I agree with you. There is no point of paying such high commissions for the sake of low spreads. There are so many options available where the spreads are low with a lower commission so it is better to go for that instead.

Mathewshayden
Feb 01 at 11:35
40 posts
robindude posted:
Mathewshayden posted:
There are many who don’t actually care about regulations, and that’s why unregulated broker firms exist.

Very good but they will complain the moment their funds are being stolen

Yea, that’s what I just said. People just want a reason to place blame on, never look at things they overlooked or deemed unimportant.

Davidtaylorr
Feb 02 at 08:16
30 posts
Adamgylicrist posted:
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.

Certainly beginners should not jump into this right away. Proper education is very important if one has to trade forex. Most new traders fail because they jump right into trading live and end up losing everything.

Davidtaylorr
Feb 02 at 08:22
30 posts
Mathewshayden posted:
Davidtaylorr posted:
Pepperstone spreads are good. ICM too.

Does pepperstone offer raw ecn?

Yes it’s a pure ECN broker.

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