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Which broker is better
Mar 15, 2022 at 04:59
2,004 Views
19 Replies
Member Since May 27, 2021
56 posts
Mar 16, 2022 at 05:48
Jamerson posted:
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?
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.
Apr 06, 2022 at 11:41
CocoChannel posted:Jamerson posted:
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?
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.
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 RT
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.
Apr 29, 2022 at 06:58
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.
May 02, 2022 at 07:35
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.
Member Since Aug 05, 2021
394 posts
May 04, 2022 at 14:41
I think I'd go with FP Markets in this scenerio.
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.
Member Since Mar 07, 2022
9 posts
May 11, 2022 at 10:00
$2/lot RT is low. I will check them out. Thanks for the tip
Member Since May 11, 2022
6 posts
May 11, 2022 at 15:17
I use Roboforex myself. With this broker I only have a 0.5 point spread on the DAX, which is an advantage for me when scalping.
Member Since May 11, 2022
6 posts
May 17, 2022 at 14:13
ElijahM posted:
From the comments, I can see ICM and FP Markets are the most used. I trade with FP markets mostly because of its lower commission cost, which is $3 per lot, and they have over 10,000 different instruments to trade global stocks and commodities.
Etoro is not a good broker when it comes to day trading. Too high costs and slow servers (which often fail at short notice when there are strong movements). If you trade stocks on a daily or weekly basis, Etoro is perfectly fine.
More than 10.00 values that you can trade is not a quality feature. In general, you should decide whether you want to trade currencies, commodities, etc. Because these behave very differently from one another.
A last aspect is the slippage, which can partly be present from the broker side, which is why you should take a closer look there too (I'm not talking about the spread).
At the end of the day, everyone has to see for themselves what suits them personally. Therefore you should look at different brokers and then decide (test real money accounts and no demo accounts).
Member Since Jun 26, 2020
323 posts
May 22, 2022 at 08:54
what you think guys all reviews from FPA is really good ?
May 31, 2022 at 09:11
I can see some good brokers and I recommend trading with FP Markets because, in my opinion, the spreads and commission costs are some of the lowest.
The spreads began at 0.0 pips in most major pairs, and the commission cost per round lot is only $6.
The spreads began at 0.0 pips in most major pairs, and the commission cost per round lot is only $6.
Member Since Jan 13, 2021
50 posts
Jun 13, 2022 at 16:10
Jamerson posted:
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 would say neither as not heard or used them
Member Since Apr 09, 2019
516 posts
Jul 11, 2022 at 13:59
To be honest mate when you have a shortlist like this it might be worth trying all of them to see how you get on with a small bank.
If you can't spot the liquidity then you are the liquidity.
Member Since Jul 06, 2022
23 posts
Jul 22, 2022 at 07:02
I think that for scalping I would choose AMarkets broker. I was satisfied with them.
Member Since Oct 27, 2020
16 posts
Jul 28, 2022 at 08:29
It’s not about what my broker offers but whether it is in accordance with my trading needs or not. I prefer technology over manual trading and that’s what I mostly look for.
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