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My concern on lot commissions

joastdaffy
Jan 22 2021 at 12:30
24 posts
No, the shortfall has been decreased but not eliminated.
Gleywilleyy
Jan 27 2021 at 09:51
47 posts
richardmarcus posted:
Gleywilleyy posted:
Hey, the answer is simple. Just look for a low commission broker that is also regulated and has good trading conditions.
True that do u know any??
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.
Jakemark
Jan 27 2021 at 11:17
37 posts
advancedsmifser posted:
Is anyone here using a no-commission broker?
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.
yana hansen (78678676)
Jan 28 2021 at 07:03
137 posts
Jakemark posted:
advancedsmifser posted:
Is anyone here using a no-commission broker?
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.
Higher minimum deposit kills the purpose, don't you think so?
Mikehussey
Jan 28 2021 at 09:24
58 posts
Jakemark posted:
advancedsmifser posted:
Is anyone here using a no-commission broker?
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.
And also one needs to trade a certain volume to get the discount (0 commission trades).
advancedsmifser
Jan 28 2021 at 10:56
35 posts
Gleywilleyy posted:
richardmarcus posted:
Gleywilleyy posted:
Hey, the answer is simple. Just look for a low commission broker that is also regulated and has good trading conditions.
True that do u know any??
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.
$2 is very reasonable, any other fees that they charge?
KenAdams
Jan 28 2021 at 12:01
40 posts
advancedsmifser posted:
$2 is very reasonable, any other fees that they charge?
No, didn't find any other charges as such, been trading with them for a while.
Jakemark
Jan 28 2021 at 13:26
37 posts
Jakemark posted:
advancedsmifser posted:
Is anyone here using a no-commission broker?
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.
It’s not easy on the pocket but the options they give for base currencies are unique.
Jakemark
Jan 28 2021 at 13:29
37 posts
The best thing you can do is create many different demo accounts and compare what each one offers.
GeorgeBischof
Jan 28 2021 at 17:56
318 posts
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.
richardmarcus
Jan 29 2021 at 04:07
104 posts
Gleywilleyy posted:
richardmarcus posted:
Gleywilleyy posted:
Hey, the answer is simple. Just look for a low commission broker that is also regulated and has good trading conditions.
True that do u know any??
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.
Surely ill check these brokers
advancedsmifser
Jan 29 2021 at 10:08
35 posts
78678676 posted:
Jakemark posted:
advancedsmifser posted:
Is anyone here using a no-commission broker?
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.
Higher minimum deposit kills the purpose, don't you think so?
For someone with a lot of capital to invest they’ll be alright I guess, unfortunately I’m not one of them
advancedsmifser
Jan 29 2021 at 10:19
35 posts
GeorgeBischof posted:
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.
I completely agree, and I think that would be true for any strategy.
Christopher332
Feb 01 2021 at 12:15
23 posts
advancedsmifser posted:
Gleywilleyy posted:
richardmarcus posted:
Gleywilleyy posted:
Hey, the answer is simple. Just look for a low commission broker that is also regulated and has good trading conditions.
True that do u know any??
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.
$2 is very reasonable, any other fees that they charge?
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.
advancedsmifser
Feb 02 2021 at 11:55
35 posts
Christopher332 posted:
advancedsmifser posted:
Gleywilleyy posted:
richardmarcus posted:
Gleywilleyy posted:
Hey, the answer is simple. Just look for a low commission broker that is also regulated and has good trading conditions.
True that do u know any??
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.
$2 is very reasonable, any other fees that they charge?
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.
Alright, thanks.
Kroolscmark844
Feb 03 2021 at 06:39
20 posts
Jakemark posted:
The best thing you can do is create many different demo accounts and compare what each one offers.
Demo accounts are the only way to know what you are getting into, even micro accounts can help for a more real-like scenario.
Fabiandelph842
Feb 03 2021 at 11:05
24 posts
Kroolscmark844 posted:
Jakemark posted:
The best thing you can do is create many different demo accounts and compare what each one offers.
Demo accounts are the only way to know what you are getting into, even micro accounts can help for a more real-like scenario.
Ya but one can skip demo account at only their own peril.
AniLorak
Feb 03 2021 at 13:56
920 posts
newcomers should choose the broker which is more appropriate to the concept of trading that will be used , if love doing scalping should choose the broker which allows trading concept such as this.
Mikehussey
Feb 04 2021 at 04:09
58 posts
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.
Darrensmith
Feb 04 2021 at 06:21
37 posts
@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.
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