My concern on lot commissions
Member Since Jun 30, 2020
47 posts
Jan 27, 2021 at 09:51
richardmarcus posted:I find fxtm and fxview to be quite alright. Using them for the low commission charges and spreads. Fxview is charging me $2 and fxtmn $4 for entry and exit. And as per slippage, the platform's quite balanced, I’m using MT4.Gleywilleyy posted:True that do u know any??
Hey, the answer is simple. Just look for a low commission broker that is also regulated and has good trading conditions.
Jan 28, 2021 at 07:03
Jakemark posted:Higher minimum deposit kills the purpose, don't you think so?advancedsmifser posted:I have used IB in the past which did not charge any commission earlier, can’t say now. But their minimum deposit is a bit high for many traders.
Is anyone here using a no-commission broker?
Member Since Sep 30, 2020
58 posts
Jan 28, 2021 at 09:24
Jakemark posted:And also one needs to trade a certain volume to get the discount (0 commission trades).advancedsmifser posted:I have used IB in the past which did not charge any commission earlier, can’t say now. But their minimum deposit is a bit high for many traders.
Is anyone here using a no-commission broker?
Member Since Oct 29, 2020
35 posts
Jan 28, 2021 at 10:56
Gleywilleyy posted:$2 is very reasonable, any other fees that they charge?richardmarcus posted:I find fxtm and fxview to be quite alright. Using them for the low commission charges and spreads. Fxview is charging me $2 and fxtmn $4 for entry and exit. And as per slippage, the platform's quite balanced, I’m using MT4.Gleywilleyy posted:True that do u know any??
Hey, the answer is simple. Just look for a low commission broker that is also regulated and has good trading conditions.
Jan 28, 2021 at 13:26
Jakemark posted:It’s not easy on the pocket but the options they give for base currencies are unique.advancedsmifser posted:I have used IB in the past which did not charge any commission earlier, can’t say now. But their minimum deposit is a bit high for many traders.
Is anyone here using a no-commission broker?
Member Since Jul 19, 2020
318 posts
Jan 28, 2021 at 17:56
Scalping strategy is widely used by the new traders to make money quickly. Yes, it is risky if you don't have any knowledge about this.
Member Since Oct 07, 2020
104 posts
Jan 29, 2021 at 04:07
Gleywilleyy posted:Surely ill check these brokersrichardmarcus posted:I find fxtm and fxview to be quite alright. Using them for the low commission charges and spreads. Fxview is charging me $2 and fxtmn $4 for entry and exit. And as per slippage, the platform's quite balanced, I’m using MT4.Gleywilleyy posted:True that do u know any??
Hey, the answer is simple. Just look for a low commission broker that is also regulated and has good trading conditions.
Member Since Oct 29, 2020
35 posts
Jan 29, 2021 at 10:08
78678676 posted:For someone with a lot of capital to invest they’ll be alright I guess, unfortunately I’m not one of themJakemark posted:Higher minimum deposit kills the purpose, don't you think so?advancedsmifser posted:I have used IB in the past which did not charge any commission earlier, can’t say now. But their minimum deposit is a bit high for many traders.
Is anyone here using a no-commission broker?
Member Since Oct 29, 2020
35 posts
Jan 29, 2021 at 10:19
GeorgeBischof posted:I completely agree, and I think that would be true for any strategy.
Scalping strategy is widely used by the new traders to make money quickly. Yes, it is risky if you don't have any knowledge about this.
Member Since Nov 05, 2020
23 posts
Feb 01, 2021 at 12:15
advancedsmifser posted:No, I have been using Fxview for awhile and I didn’t face any surprises as such. I get low spreads too so that’s another plus. I don’t even get charged for withdrawals with fxview. Some other options you can explore are IB, Pepperstone, Amarkets, etc.Gleywilleyy posted:$2 is very reasonable, any other fees that they charge?richardmarcus posted:I find fxtm and fxview to be quite alright. Using them for the low commission charges and spreads. Fxview is charging me $2 and fxtmn $4 for entry and exit. And as per slippage, the platform's quite balanced, I’m using MT4.Gleywilleyy posted:True that do u know any??
Hey, the answer is simple. Just look for a low commission broker that is also regulated and has good trading conditions.
Member Since Oct 29, 2020
35 posts
Feb 02, 2021 at 11:55
Christopher332 posted:Alright, thanks.advancedsmifser posted:No, I have been using Fxview for awhile and I didn’t face any surprises as such. I get low spreads too so that’s another plus. I don’t even get charged for withdrawals with fxview. Some other options you can explore are IB, Pepperstone, Amarkets, etc.Gleywilleyy posted:$2 is very reasonable, any other fees that they charge?richardmarcus posted:I find fxtm and fxview to be quite alright. Using them for the low commission charges and spreads. Fxview is charging me $2 and fxtmn $4 for entry and exit. And as per slippage, the platform's quite balanced, I’m using MT4.Gleywilleyy posted:True that do u know any??
Hey, the answer is simple. Just look for a low commission broker that is also regulated and has good trading conditions.
Member Since Nov 17, 2020
20 posts
Feb 03, 2021 at 06:39
Jakemark posted:Demo accounts are the only way to know what you are getting into, even micro accounts can help for a more real-like scenario.
The best thing you can do is create many different demo accounts and compare what each one offers.
Member Since Sep 30, 2020
58 posts
Feb 04, 2021 at 04:09
I think it is better to get an idea of how forex works before starting out. Having the right knowledge can really make a big difference, if you ask me.
Member Since Oct 01, 2020
37 posts
Feb 04, 2021 at 06:21
@Mike Yes, demo accounts have worked well for me too. They are easy to set up and there is no hassle with them. It feels good to get an idea of some trades before executing them on a live account.
Member Since Nov 07, 2020
22 posts
Feb 05, 2021 at 05:28
Christopher332 posted:That’s right and I’ve been using Forextime along with Fxview too. The commissions are okay and there is some advantage with the withdrawals.That’s all I really want. Works for me.advancedsmifser posted:No, I have been using Fxview for awhile and I didn’t face any surprises as such. I get low spreads too so that’s another plus. I don’t even get charged for withdrawals with fxview. Some other options you can explore are IB, Pepperstone, Amarkets, etc.Gleywilleyy posted:$2 is very reasonable, any other fees that they charge?richardmarcus posted:I find fxtm and fxview to be quite alright. Using them for the low commission charges and spreads. Fxview is charging me $2 and fxtmn $4 for entry and exit. And as per slippage, the platform's quite balanced, I’m using MT4.Gleywilleyy posted:True that do u know any??
Hey, the answer is simple. Just look for a low commission broker that is also regulated and has good trading conditions.
Member Since Sep 30, 2020
58 posts
Feb 05, 2021 at 07:30
Yeah, no one can move forward in forex without a proper learning base.
Member Since Nov 12, 2020
23 posts
Feb 05, 2021 at 09:58
I think commissions and spreads are very important in our trades because they will decide how much profit we will take home in the pocket. This is a common newbie mistake that they gain only half knowledge.
