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0 spread low commission broker.
Jul 13, 2021 at 15:12
Hi, am currently trading EU using IC markets trading eur/usd as spread often 0 and my stop losses are <0.5 pips. Therefore finding a low spread (close to 0) and low commission broker is crucial. any recommendations/help on brokers which meet this i helpful. Tickmill seeming most promising. (also can qualify as professional client)
Mitglied seit May 27, 2021
63 Posts
Jul 31, 2021 at 17:31
I think fxview might suit your needs because their spreads are quite tight on majors and if I talk about commission,s then their commissions are even lower then tickmill only $1/100k per lot.
And if you go for a professional client, then you can also get leverage upto 500X.
And if you go for a professional client, then you can also get leverage upto 500X.
Aug 03, 2021 at 00:20
When i read "CySec broker" or "regulated by CySec" - it gives me the shivers!
It basically means the broker operates in Cyprus so as to take full advantage of CySec's crooked laws that favour brokers and not their clients.
In simple terms it means "Do NOT trust the broker !!!"
It basically means the broker operates in Cyprus so as to take full advantage of CySec's crooked laws that favour brokers and not their clients.
In simple terms it means "Do NOT trust the broker !!!"
Mitglied seit May 27, 2021
63 Posts
Aug 05, 2021 at 17:38
KenneyyFx posted:
When i read "CySec broker" or "regulated by CySec" - it gives me the shivers!
It basically means the broker operates in Cyprus so as to take full advantage of CySec's crooked laws that favour brokers and not their clients.
In simple terms it means "Do NOT trust the broker !!!"
Which regulations do you think are better for traders then? Most of the reputed brokers like fxview, ic, XM, fxtm are registered with CySEC. They are going strong.
Or do you have any personal experience as such?
Mitglied seit Aug 13, 2021
39 Posts
Aug 13, 2021 at 06:33
ZFX is good that generally, they have different account type to use. Either you want high leverage, raw spread, or lower deposit amount, you can choose. I dont know if any other platform is same, they offer crypto too. But they do not accept some of the nationality. I have to check if u want to know
Mitglied seit Aug 13, 2021
39 Posts
Sep 06, 2021 at 03:07
Honestly, 0 commission is still not even sustainable in FX market. You may hear that there are 0 commission fee for stock trading app somehow..... but it is not the case in fx market due to high volatility and leverage..... Maybe there are some brokers offering.... but nearly all of them are Market maker.
Sep 17, 2021 at 09:50
Smith2525 posted:
0% commission can be found with ECN brokers, but you won't find it with a 0 pip spread.....
Yeah, there is no such thing as 0 spread. It is always a wise idea to go with an ecn broker offering low spreads and low commissions. Reason being, zero spreads will hike commission charges as well. One of the options can be fxview, their spreads and commissions are low and give no trouble.
Sep 17, 2021 at 11:35
Anyone trading with an ASIC or FCA broker with spreads averaging at 0.0 pips mainly in EURUSD currency pair?
I'm looking for a recommendation on such brokers, and it would be an advantage if the broker's commission costs per round per lot were around $4?
I'm looking for a recommendation on such brokers, and it would be an advantage if the broker's commission costs per round per lot were around $4?
Oct 06, 2021 at 20:17
I beleive that you have to understand that brokers also want to earn money. It's pretty terrible to make some product on the market and get for it nothing actually. Financial market is not a charity platform and there are no products which can be free of charge. Brokers earn their money from commisions/spreads and that is their main earning. In my opinion, it's the same as propose a trader to trade all day, spend his/her time and nerves and give him/her nothing for it. I guess that brokers also deserve a proper relation and we, traders, must provide them with. At leasy we shouldn't be disagreed with their policies regarding commissions.
Oct 12, 2021 at 08:21
Brokers take way to much.You carry all the risk.Fp spreads are low but i bet there commission makes up for it.Who has the lowest spreads,who has the lowest commissions and is safe....god only knows.Oh and dont forget open close price manipulation...my fav!?
Oct 15, 2021 at 19:00
You have to understand that broker create their product not just because they're real altruists. They also want to make profits from their activity. They help traders to earn money and also want it back. Hence, when brokers create their brokerage companies they decide to earn money via spreads and commission. If there are no commissions on this broker, then it probably earns money via spreads, which are quite tight and it allows them to attract more traders. However, if they have 0 spreads, then they probably have high commissions. According to your question it's kinda difficult to fina broker with 0 spreads and low commissions.
Mitglied seit Apr 09, 2019
516 Posts
Oct 20, 2021 at 12:09
I use IC Markets who offer raw spreads which are often that low on majors but it is normally offset by commission cost. They are quite reasonable but ensure you consider both factors. The broker has to make money somehow remember.
If you can't spot the liquidity then you are the liquidity.
Mitglied seit Mar 16, 2021
447 Posts
Nov 06, 2021 at 16:23
There are many differences between brokers but I have to choose the broker that will help me to survive in trading through Proper Services.
