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ECN with and without commissions.
Membre depuis Jul 09, 2020
posts 30
Jan 11, 2021 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.
Membre depuis Dec 05, 2020
posts 76
Jan 11, 2021 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?
Membre depuis Jun 22, 2020
posts 69
Jan 11, 2021 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.
Membre depuis Jul 09, 2020
posts 30
Jan 20, 2021 at 06:37
Jude_craig posted: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?
I use different leverage with different brokers FXTM, FP Markets. As to how much anyone should use: I would say that should depend on how much experience you hold (for right predictions) and how much you are willing to risk. Starting with no more than 5:1 seems right, which eventually must be increased.
Membre depuis Jun 04, 2019
posts 10
Jan 20, 2021 at 10:43
1:5 is so low. How can you make any money with that. You must have a huge account. My account is only $1000 and with 1:5 I would have to use 0.01Lot
Jan 25, 2021 at 08:13
78678676 posted:BringmeFish posted:
1:5 is so low. How can you make any money with that. You must have a huge account. My account is only $1000 and with 1:5 I would have to use 0.01Lot
You're talking about the leverage right?
Seems like he is talking about leverage.
Membre depuis Jul 09, 2020
posts 30
Jan 25, 2021 at 08:21
BringmeFish posted:
1:5 is so low. How can you make any money with that. You must have a huge account. My account is only $1000 and with 1:5 I would have to use 0.01Lot
I suggest low leverage for only beginners, once traders get a hang of things, they can start taking bigger risks.
Membre depuis Jan 17, 2021
posts 29
Jan 29, 2021 at 21:15
Aurisida posted:
At the moment, with the broker Amarkets, I park on ECN with a leverage of 1: 200 and a depot from $ 200
it seems to me very advertisement smelling comments...who the heck is Amarkets hahahah
Membre depuis Jun 15, 2020
posts 46
Feb 19, 2021 at 05:01
There are options like Pepperstone, Swissquote, XM, Xtb, Forex.com, Fxview. I have used them all so I know how it must be. You can always begin with a demo account in my opinion and experience a platform. This will give you a fair idea of what the services and conditions of a platform are.
Membre depuis Jun 30, 2020
posts 43
Feb 19, 2021 at 13:07
marnuslabushane posted:
I always get confused with this stuff. I mean should I go with a broker that is very good when it comes to the trading conditions but charges high commision or should I just stick to no commission broker that provides okayish service?
Try not to be so scared of a broker so much. They are essentially for a trader and just simply go with low commission and reliable trading platforms. Like I have always used brokers that don’t charge so high and the services are really good as well. Since it worked out fine for me, I am okay with it. I’ve used IB and Fxview mostly. Both are different kinds of brokers in a way, but when it comes to my particular trading needs, they work just fine.
Membre depuis Nov 24, 2020
posts 14
Mar 01, 2021 at 11:49
Y’all can take him off my back anytime you want lol he knows trading but that boy is uptight!
Membre depuis Mar 17, 2021
posts 494
Sep 04, 2021 at 08:23
friedjohan posted:
I think it is better to go with ECN brokers that charge lower commissions and provide tighter spreads to their clients.
You should pick a good broker to survive in this market.
