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ECN with and without commissions.

philipsimmions
Mar 03 at 11:32
42 Beiträge
With spreads, do take care of your strategies. Do not compromise with them. Work on them.

Mathewshayden
Mar 03 at 12:24
41 Beiträge
ele020 posted:
Mathewshayden posted:
ele020 posted:
Mathewshayden posted:
ele020 posted:
joastdaffy posted:
Oh, you guys are talking about fxview? I actually made a demo account on there some time back and it all seemed rather nice man but I never made a live account, being offshore and all.

are you saying that they are a offshore broker? I dont think so.... They are CySec regulated ECN broker. I am testing them currently and so far they are good.

Offshore AND regulated, is my understanding! Can’t it be both?

I don't think so that they are offshore also not sure if a broker can be offshore and still be regulated. Do you have a source where we can check it out? According to me they are based is Cyprus...

They can I suppose be both...fxview in point.

I just did my research and concluded that they are not an offshore broker but regulated ECN broker based in Limassol, Cyprus. They operate under Charlgate Ltd. Just checked it out from their support. They gave me this link as well.. https://www.cysec.gov.cy/en-GB/entities/investment-firms/cypriot/81661/

Cool! Thanks for the info

ele020 (ele020)
Mar 04 at 05:57
147 Beiträge
Mathewshayden posted:
ele020 posted:
Mathewshayden posted:
ele020 posted:
Mathewshayden posted:
ele020 posted:
joastdaffy posted:
Oh, you guys are talking about fxview? I actually made a demo account on there some time back and it all seemed rather nice man but I never made a live account, being offshore and all.

are you saying that they are a offshore broker? I dont think so.... They are CySec regulated ECN broker. I am testing them currently and so far they are good.

Offshore AND regulated, is my understanding! Can’t it be both?

I don't think so that they are offshore also not sure if a broker can be offshore and still be regulated. Do you have a source where we can check it out? According to me they are based is Cyprus...

They can I suppose be both...fxview in point.

I just did my research and concluded that they are not an offshore broker but regulated ECN broker based in Limassol, Cyprus. They operate under Charlgate Ltd. Just checked it out from their support. They gave me this link as well.. https://www.cysec.gov.cy/en-GB/entities/investment-firms/cypriot/81661/

Cool! Thanks for the info

You are most welcome... 😎

The more your practice, the more you learn.
jimmyneeesham
Mar 04 at 09:59
40 Beiträge
philipsimmions posted:
With spreads, do take care of your strategies. Do not compromise with them. Work on them.

I don’t have enough time to make strategies and don’t know much about trading as well. Can I still go for trading? I am leaning towards copy trading

PercymcDonnell54
Mar 05 at 05:33
23 Beiträge
jimmyneeesham posted:
philipsimmions posted:
With spreads, do take care of your strategies. Do not compromise with them. Work on them.

I don’t have enough time to make strategies and don’t know much about trading as well. Can I still go for trading? I am leaning towards copy trading

There are forex account managers who can trade on your behalf. But still try and learn to trade by yourself.

Gleywilleyy
Mar 10 at 09:34
47 Beiträge
jimmyneeesham posted:
philipsimmions posted:
With spreads, do take care of your strategies. Do not compromise with them. Work on them.

I don’t have enough time to make strategies and don’t know much about trading as well. Can I still go for trading? I am leaning towards copy trading

I don't know how you plan to trade, that is without spending time chalking out your strategies. And especially when you have no knowledge about it.

salamibrish
Mar 10 at 11:58
28 Beiträge
Gleywilleyy posted:
jimmyneeesham posted:
philipsimmions posted:
With spreads, do take care of your strategies. Do not compromise with them. Work on them.

I don’t have enough time to make strategies and don’t know much about trading as well. Can I still go for trading? I am leaning towards copy trading

I don't know how you plan to trade, that is without spending time chalking out your strategies. And especially when you have no knowledge about it.

Well I wouldn’t go for a managed account. Wouldn’t you be worried that someone else won’t pay much attention to you making money as much as you would?

joastdaffy
Mar 11 at 10:46
24 Beiträge
Me too @salamibrish. From what I know, account managers usually use online foreign exchange brokers to trade within the forex account agreement. As an owner, you won’t be allowed to trade your funds in the same account.

mitchelmarsh008
Mar 12 at 04:42
21 Beiträge
joastdaffy posted:
Me too @salamibrish. From what I know, account managers usually use online foreign exchange brokers to trade within the forex account agreement. As an owner, you won’t be allowed to trade your funds in the same account.

It’s not that bad. Because a forex account is liquid, you can simply withdraw the money in case you don’t wish to proceed further. Now this doesn’t mean I’m saying it’s a great option. I still believe you should learn all about trading as it’s your money at stake. Also, the best way to go about it is demo trade. I did it with pepperstone and my craft just got better.

PercymcDonnell54
Mar 13 at 06:16
23 Beiträge
mitchelmarsh008 posted:
joastdaffy posted:
Me too @salamibrish. From what I know, account managers usually use online foreign exchange brokers to trade within the forex account agreement. As an owner, you won’t be allowed to trade your funds in the same account.

It’s not that bad. Because a forex account is liquid, you can simply withdraw the money in case you don’t wish to proceed further. Now this doesn’t mean I’m saying it’s a great option. I still believe you should learn all about trading as it’s your money at stake. Also, the best way to go about it is demo trade. I did it with pepperstone and my craft just got better.

Are you sure about it? I think the management firms charge a penalty for early withdrawal along with a percentage fee generated with trading activities.

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