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Which broker is better
Membre depuis May 27, 2021
posts 56
Mar 16, 2022 at 05:48
Membre depuis May 27, 2021
posts 56
Jamerson posted:
I have shortlisted a few of the brokers to get started with LiveTrading based on the spreads and lower commissions: Global Prime, MFX, and FP Markets.
Since I mainly trade intraday, Which of these would be best suitable for scalping?
Among these, the spreads of global prime seem quite low as I just checked, apart from them there's fxview, whose spreads and commissions($2 rt) fit well for scalping. So I would suggest checking them too.
Apr 06, 2022 at 11:41
Membre depuis Mar 23, 2020
posts 63
CocoChannel posted:Jamerson posted:
I have shortlisted a few of the brokers to get started with LiveTrading based on the spreads and lower commissions: Global Prime, MFX, and FP Markets.
Since I mainly trade intraday, Which of these would be best suitable for scalping?
Among these, the spreads of global prime seem quite low as I just checked, apart from them there's fxview, whose spreads and commissions($2 rt) fit well for scalping. So I would suggest checking them too.
Can vouch for fxview, one of the solid brokers I've ever used. You can also go for HYCM as well, tho their commission is $4 RT
Membre depuis Jun 12, 2021
posts 132
Apr 29, 2022 at 06:58
Membre depuis May 31, 2021
posts 44
Hey Jamerson, If you are still looking for a suitable broker, I suggest FP Markets over the other two, not because they are bad.
It is because FP Markets provides better trading conditions with a lower commission cost of $3 per lot and has over 10,000 different instruments to trade global stocks and commodities.
It is because FP Markets provides better trading conditions with a lower commission cost of $3 per lot and has over 10,000 different instruments to trade global stocks and commodities.
May 02, 2022 at 07:35
Membre depuis Jan 14, 2021
posts 47
I prefer trading with Skilling or FP Markets because they are very suitable for scalpers such as me who require tighter spreads and lower commission costs.
The spreads average 0.0 pips in both brokers' and the commission cost for Skilling is $7 per turn lot and $6 for FP Markets.
The spreads average 0.0 pips in both brokers' and the commission cost for Skilling is $7 per turn lot and $6 for FP Markets.
Membre depuis Aug 05, 2021
posts 394
Membre depuis Jan 11, 2022
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Membre depuis Mar 07, 2022
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Membre depuis May 11, 2022
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Membre depuis May 11, 2022
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May 17, 2022 at 14:13
Membre depuis May 11, 2022
posts 6
ElijahM posted:
From the comments, I can see ICM and FP Markets are the most used. I trade with FP markets mostly because of its lower commission cost, which is $3 per lot, and they have over 10,000 different instruments to trade global stocks and commodities.
Etoro is not a good broker when it comes to day trading. Too high costs and slow servers (which often fail at short notice when there are strong movements). If you trade stocks on a daily or weekly basis, Etoro is perfectly fine.
More than 10.00 values that you can trade is not a quality feature. In general, you should decide whether you want to trade currencies, commodities, etc. Because these behave very differently from one another.
A last aspect is the slippage, which can partly be present from the broker side, which is why you should take a closer look there too (I'm not talking about the spread).
At the end of the day, everyone has to see for themselves what suits them personally. Therefore you should look at different brokers and then decide (test real money accounts and no demo accounts).
Membre depuis Jun 26, 2020
posts 323
May 31, 2022 at 09:11
Membre depuis Apr 02, 2020
posts 34
I can see some good brokers and I recommend trading with FP Markets because, in my opinion, the spreads and commission costs are some of the lowest.
The spreads began at 0.0 pips in most major pairs, and the commission cost per round lot is only $6.
The spreads began at 0.0 pips in most major pairs, and the commission cost per round lot is only $6.
Membre depuis Jan 13, 2021
posts 50
Jun 13, 2022 at 16:10
Membre depuis Jan 13, 2021
posts 50
Jamerson posted:
I have shortlisted a few of the brokers to get started with LiveTrading based on the spreads and lower commissions: Global Prime, MFX, and FP Markets.
Since I mainly trade intraday, Which of these would be best suitable for scalping?
I would say neither as not heard or used them
Membre depuis Apr 09, 2019
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Membre depuis Oct 27, 2020
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