Jan 08 at 09:33
What’s this all about ECN with and without commissions? My need is about getting the lowest spreads such as Alpari. Any similar options?
Jan 11 at 04:53
Low spreads with high commission charges won’t do you any good.
Jan 11 at 06:40
Look into all aspects when choosing a broker. Commissions, spreads, trade size, trading capital requirement, all are important criteria to look at. Ignoring even 1 can cost you. After some experience even leverage is going to be a deciding factor while trading.
Jan 11 at 07:45
williamhayes posted:
Look into all aspects when choosing a broker. Commissions, spreads, trade size, trading capital requirement, all are important criteria to look at. Ignoring even 1 can cost you. After some experience even leverage is going to be a deciding factor while trading.
How much leverage do you suggest trading with? How much do you use?
Jan 11 at 09:46
Fxview is the one. Basically with no commission brokers, you'd find spreads to be higher than usual. so people usually prefer low spreads and low commissions kinda deal. Since you are into low spreads, I don't think no commission broker would be your thing.
Jan 12 at 03:49
If you are like me (someone just starting out) go for a low commission broker, feels nice when at the beginning of your trading journey you are able to save a bit of money. Won’t be possible when per trade you will have to pay a lot. With Alpari (my previous broker) I was paying $1.5 per lot. Currently I am using Fxview and XM and they seem reasonable to me. Spreads with both are low, starting from 0 pips. However don’t expect 0 pips at all times.
Jan 12 at 10:44
Harshalgibbs posted:
If you are like me (someone just starting out) go for a low commission broker, feels nice when at the beginning of your trading journey you are able to save a bit of money. Won’t be possible when per trade you will have to pay a lot. With Alpari (my previous broker) I was paying $1.5 per lot. Currently I am using Fxview and XM and they seem reasonable to me. Spreads with both are low, starting from 0 pips. However don’t expect 0 pips at all times.
Even from those offering 0 spread accounts?
Jan 12 at 12:27
XM is a good choice is my opinion too.
Jan 12 at 13:17
first_time posted:
Fxview is the one. Basically with no commission brokers, you'd find spreads to be higher than usual. so people usually prefer low spreads and low commissions kinda deal. Since you are into low spreads, I don't think no commission broker would be your thing.
Ya I definitely do not want to be paying a very high spread cost if that’s what a no-commission broker’s gonna give me. What are fxview’s commission cost? Also how’s the interface, I can’t be bothered with very complex systems!
Jan 12 at 14:01
At the moment, with the broker Amarkets, I park on ECN with a leverage of 1: 200 and a depot from $ 200
