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)
BarronLucas
Mitglied seit Jul 08, 2020
35 Posts
Jul 30 2021 at 10:42
Hi mate, I see that you are looking for lower spreads brokers. You can check out FP Markets, my current broker. I've been trading with it for a year now, and it has good trading conditions.
I mostly scalp with them because the spreads are stable when trading with EURUSD and the execution speed is pretty good.
I mostly scalp with them because the spreads are stable when trading with EURUSD and the execution speed is pretty good.
Alexthetrader
Mitglied seit May 27, 2021
64 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.
I recommend trading with FP Markets, an ASIC and cysec broker that offers lower commission costs than other ecn brokers and the spreads when trading with EURUSD or other major pairs tend to start from 0 pips.
In this regard, I really liked the broker from the Amarkets company. According to the terms of work, this is still a really good broker.
KENNETH FATOGUN
(KenneyyFx)
Mitglied seit Jul 16, 2021
1 Posts
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 !!!'
Brussels88
Mitglied seit Mar 11, 2020
42 Posts
Aug 03 2021 at 14:53
From my trading experience, I suggest FP markets for lower spreads because I use their raw ecn account for scalping, and when I trade with major pairs like EURUSD or GBPUSD, the spreads began at 0.0pips for most parts of the trade.
'In my view, FP Markets is a good broker because it's an older broker with over a decade of forex business experience and regulated with ASIC.
I've been trading with it for nine months, and so far, no major issues during withdrawals or deposits and the commission costs are lower.'
I've been trading with it for nine months, and so far, no major issues during withdrawals or deposits and the commission costs are lower.'
Alexthetrader
Mitglied seit May 27, 2021
64 Posts
Aug 05 2021 at 17:38
KenneyyFx posted: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.
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 !!!'
Or do you have any personal experience as such?
IC is a low as you are going to get for a decent regulated broker
BrokerChoice
(ChanKaiTai)
Mitglied seit Aug 13, 2021
43 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
According to these parameters, I really liked the broker from the Amarkets company. As for me, according to the terms, this is now a great option.
Benalden posted:I read many times bad opinions about this broker, although I myself did not work with him, but what do you say there were bad moments in your work?
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)
BrokerChoice
(ChanKaiTai)
Mitglied seit Aug 13, 2021
43 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.
Karlos Fandango
(Smith2525)
Mitglied seit Mar 15, 2019
82 Posts
Sep 15 2021 at 00:25
0% commission can be found with ECN brokers, but you won't find it with a 0 pip spread.....
All or nothing
Smith2525 posted: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.
0% commission can be found with ECN brokers, but you won't find it with a 0 pip spread.....
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?
There's nothing like zero spreads. You will have some spreads even in zero spreads account. Then too I like zero spreads account. It's better than standard account.
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.