I have shortlisted a few of the brokers to get started with LiveTrading based on the spreads and lower commissions: Global Prime, MFX, and FP Markets.
Since I mainly trade intraday, Which of these would be best suitable for scalping?
Since I mainly trade intraday, Which of these would be best suitable for scalping?
CocoChannel
Member Since May 27, 2021
57 posts
Mar 16 2022 at 05:48
Jamerson posted:Among these, the spreads of global prime seem quite low as I just checked, apart from them there's fxview, whose spreads and commissions($2 rt) fit well for scalping. So I would suggest checking them too.
I have shortlisted a few of the brokers to get started with LiveTrading based on the spreads and lower commissions: Global Prime, MFX, and FP Markets.
Since I mainly trade intraday, Which of these would be best suitable for scalping?
It should be understood that brokers do not always deliver their services consistently. This is worth paying attention to.
CocoChannel posted:Can vouch for fxview, one of the solid brokers I've ever used. You can also go for HYCM as well, tho their commission is $4 RTJamerson posted:Among these, the spreads of global prime seem quite low as I just checked, apart from them there's fxview, whose spreads and commissions($2 rt) fit well for scalping. So I would suggest checking them too.
I have shortlisted a few of the brokers to get started with LiveTrading based on the spreads and lower commissions: Global Prime, MFX, and FP Markets.
Since I mainly trade intraday, Which of these would be best suitable for scalping?
I personally prefer trading with ecn brokers like Etoro and FP Markets because the trading conditions are robust and reliable.
Especially FP Market spreads are stable and consistent even when the market is highly volatile during market movements.
Especially FP Market spreads are stable and consistent even when the market is highly volatile during market movements.
From the mentioned brokers, I have to agree with Global Prime, Fxview, and FP Markets. These brokers are reliable with robust trading conditions.
And their commission costs are the lowest with good customer service.
And their commission costs are the lowest with good customer service.
Global Prime, Skiling, and FP Markets are good brokers to trade with. They provide good trading conditions and customer service.
The spreads average 0.1 pips for most parts of the trade, with the lowest commission costs.
The spreads average 0.1 pips for most parts of the trade, with the lowest commission costs.
I've been using the wikifx platform recently.It's a third-party inquiry platform that provides information about the legitimacy, compliance and authenticity of forex brokers. I want to know if this platform is reliable?
BarronLucas
Member Since Jul 08, 2020
35 posts
Apr 19 2022 at 08:50
From the list of brokers mentioned, I personally suggest Skilling, CMC, and FP Markets as good brokers to trade with since they provide tight spreads, lower commission costs, and their trading conditions are robust.
I prefer trading with either Fxview or FP Markets since their spreads and commission costs are lower when compared to other ECN brokers.
Since I scalp I use FP Markets for scalping as of now since the spreads average 0.0 pips for most parts of my trades with a $3 commission cost per lot.
Since I scalp I use FP Markets for scalping as of now since the spreads average 0.0 pips for most parts of my trades with a $3 commission cost per lot.
AndrewMcCalam54
Member Since Jun 12, 2021
132 posts
Apr 20 2022 at 08:46
which broker is better it depends on your trading condition , if love doing scalping should choose the broker which allows trading concept such as this.
I recommend trading with brokers such as IG or FP Market since these brokers are regulated and also have some of the tightest spreads than most ecn brokers.
I personally prefer FP markets because the trading conditions are robust, with a responsive customer service team, and the withdrawals have never been an issue for me.
I personally prefer FP markets because the trading conditions are robust, with a responsive customer service team, and the withdrawals have never been an issue for me.
Hey Jamerson, If you are still looking for a suitable broker, I suggest FP Markets over the other two, not because they are bad.
It is because FP Markets provides better trading conditions with a lower commission cost of $3 per lot and has over 10,000 different instruments to trade global stocks and commodities.
It is because FP Markets provides better trading conditions with a lower commission cost of $3 per lot and has over 10,000 different instruments to trade global stocks and commodities.
I prefer trading with Skilling or FP Markets because they are very suitable for scalpers such as me who require tighter spreads and lower commission costs.
The spreads average 0.0 pips in both brokers' and the commission cost for Skilling is $7 per turn lot and $6 for FP Markets.
The spreads average 0.0 pips in both brokers' and the commission cost for Skilling is $7 per turn lot and $6 for FP Markets.
Jordan5ith
Member Since Jan 14, 2021
72 posts
May 04 2022 at 08:27
I have seen several broker recommendations and from the listed brokers, I agree with CMC Markets and FP Markets because I have traded with both and their trading conditions are robust.
The spreads tend to average at 0.0 pips for most parts of my trade, and FP Markets spreads are stable even during highly volatile market news events.
The spreads tend to average at 0.0 pips for most parts of my trade, and FP Markets spreads are stable even during highly volatile market news events.
HeavenLeighGill
(HeavLeighGill26)
Member Since Aug 05, 2021
401 posts
May 04 2022 at 14:41
I think I'd go with FP Markets in this scenerio.
GordonDenzil
Member Since Aug 11, 2020
61 posts
May 05 2022 at 07:00
From the listed brokers, I will go with Skilling or FP Markets since they are some of the lowest commission cost brokers I have come across, at $7 per round lot for Skilling and $6 for FP Markets.
Skilling is regulated by the FCA and FP Markets has regulation from ASIC, CYSEC and also an offshore licence for traders looking to trade offshore with a higher leverage of 500:1.
Skilling is regulated by the FCA and FP Markets has regulation from ASIC, CYSEC and also an offshore licence for traders looking to trade offshore with a higher leverage of 500:1.
Superfluous
Member Since Jan 11, 2022
45 posts
May 11 2022 at 09:21
I’ve been trading with turnkey forex. They provide tight spreads with a low commission of $2/lot RT. A reliable broker with solid trading conditions.
futtynutty
Member Since Mar 07, 2022
10 posts
May 11 2022 at 10:00
$2/lot RT is low. I will check them out. Thanks for the tip