Jan 22 2021 at 12:30
No, the shortfall has been decreased but not eliminated.
Jan 27 2021 at 09:51
richardmarcus posted:Gleywilleyy posted:
Hey, the answer is simple. Just look for a low commission broker that is also regulated and has good trading conditions.
True that do u know any??
I find fxtm and fxview to be quite alright. Using them for the low commission charges and spreads. Fxview is charging me $2 and fxtmn $4 for entry and exit. And as per slippage, the platform's quite balanced, I’m using MT4.
advancedsmifser posted:
Is anyone here using a no-commission broker?
I have used IB in the past which did not charge any commission earlier, can’t say now. But their minimum deposit is a bit high for many traders.
Jan 28 2021 at 07:03
Jakemark posted:advancedsmifser posted:
Is anyone here using a no-commission broker?
I have used IB in the past which did not charge any commission earlier, can’t say now. But their minimum deposit is a bit high for many traders.
Higher minimum deposit kills the purpose, don't you think so?
Jan 28 2021 at 09:24
Jakemark posted:advancedsmifser posted:
Is anyone here using a no-commission broker?
I have used IB in the past which did not charge any commission earlier, can’t say now. But their minimum deposit is a bit high for many traders.
And also one needs to trade a certain volume to get the discount (0 commission trades).
Jan 28 2021 at 10:56
Gleywilleyy posted:richardmarcus posted:Gleywilleyy posted:
Hey, the answer is simple. Just look for a low commission broker that is also regulated and has good trading conditions.
True that do u know any??
I find fxtm and fxview to be quite alright. Using them for the low commission charges and spreads. Fxview is charging me $2 and fxtmn $4 for entry and exit. And as per slippage, the platform's quite balanced, I’m using MT4.
$2 is very reasonable, any other fees that they charge?
advancedsmifser posted:
$2 is very reasonable, any other fees that they charge?
No, didn't find any other charges as such, been trading with them for a while.
Jakemark posted:advancedsmifser posted:
Is anyone here using a no-commission broker?
I have used IB in the past which did not charge any commission earlier, can’t say now. But their minimum deposit is a bit high for many traders.
It’s not easy on the pocket but the options they give for base currencies are unique.
The best thing you can do is create many different demo accounts and compare what each one offers.
Jan 28 2021 at 17:56
Scalping strategy is widely used by the new traders to make money quickly. Yes, it is risky if you don't have any knowledge about this.
Jan 29 2021 at 04:07
Gleywilleyy posted:richardmarcus posted:Gleywilleyy posted:
Hey, the answer is simple. Just look for a low commission broker that is also regulated and has good trading conditions.
True that do u know any??
I find fxtm and fxview to be quite alright. Using them for the low commission charges and spreads. Fxview is charging me $2 and fxtmn $4 for entry and exit. And as per slippage, the platform's quite balanced, I’m using MT4.
Surely ill check these brokers
Jan 29 2021 at 10:08
78678676 posted:Jakemark posted:advancedsmifser posted:
Is anyone here using a no-commission broker?
I have used IB in the past which did not charge any commission earlier, can’t say now. But their minimum deposit is a bit high for many traders.
Higher minimum deposit kills the purpose, don't you think so?
For someone with a lot of capital to invest they’ll be alright I guess, unfortunately I’m not one of them
Jan 29 2021 at 10:19
GeorgeBischof posted:
Scalping strategy is widely used by the new traders to make money quickly. Yes, it is risky if you don't have any knowledge about this.
I completely agree, and I think that would be true for any strategy.
Feb 01 2021 at 12:15
advancedsmifser posted:Gleywilleyy posted:richardmarcus posted:Gleywilleyy posted:
Hey, the answer is simple. Just look for a low commission broker that is also regulated and has good trading conditions.
True that do u know any??
I find fxtm and fxview to be quite alright. Using them for the low commission charges and spreads. Fxview is charging me $2 and fxtmn $4 for entry and exit. And as per slippage, the platform's quite balanced, I’m using MT4.
$2 is very reasonable, any other fees that they charge?
No, I have been using Fxview for awhile and I didn’t face any surprises as such. I get low spreads too so that’s another plus. I don’t even get charged for withdrawals with fxview. Some other options you can explore are IB, Pepperstone, Amarkets, etc.
Feb 02 2021 at 11:55
Christopher332 posted:advancedsmifser posted:Gleywilleyy posted:richardmarcus posted:Gleywilleyy posted:
Hey, the answer is simple. Just look for a low commission broker that is also regulated and has good trading conditions.
True that do u know any??
I find fxtm and fxview to be quite alright. Using them for the low commission charges and spreads. Fxview is charging me $2 and fxtmn $4 for entry and exit. And as per slippage, the platform's quite balanced, I’m using MT4.
$2 is very reasonable, any other fees that they charge?
No, I have been using Fxview for awhile and I didn’t face any surprises as such. I get low spreads too so that’s another plus. I don’t even get charged for withdrawals with fxview. Some other options you can explore are IB, Pepperstone, Amarkets, etc.
Alright, thanks.
Feb 03 2021 at 06:39
Jakemark posted:
The best thing you can do is create many different demo accounts and compare what each one offers.
Demo accounts are the only way to know what you are getting into, even micro accounts can help for a more real-like scenario.
Feb 03 2021 at 11:05
Kroolscmark844 posted:Jakemark posted:
The best thing you can do is create many different demo accounts and compare what each one offers.
Demo accounts are the only way to know what you are getting into, even micro accounts can help for a more real-like scenario.
Ya but one can skip demo account at only their own peril.
newcomers should choose the broker which is more appropriate to the concept of trading that will be used , if love doing scalping should choose the broker which allows trading concept such as this.
Feb 04 2021 at 04:09
I think it is better to get an idea of how forex works before starting out. Having the right knowledge can really make a big difference, if you ask me.
Feb 04 2021 at 06:21
@Mike Yes, demo accounts have worked well for me too. They are easy to set up and there is no hassle with them. It feels good to get an idea of some trades before executing them on a live account.
