To use chat, please login.
Back to contacts

0 pips trading spreads

vontogr (togr)
Jun 25 2019 at 08:47
4862 ieraksti
Pikasso posted:

Scalping on a 0 pip spread account isn't a magical guarantee that you will make money as a scalper.
The commissions on the trades are going to be large enough that it will offset the lack of spread.

I can't agree with you. I trade with https://lnkd.in/dQgXBnP and have conditions 0 spread + 0 comis. Look at the screenshot attached.

there is of course comission
Zero Fixed Spread Account

Minimum deposit $500
Ability to trade micro lots

Leverage up to 1:30

Low commissions per lot
vontogr (togr)
Jun 25 2019 at 08:51
4862 ieraksti
Pikasso posted:

Scalping on a 0 pip spread account isn't a magical guarantee that you will make money as a scalper.
The commissions on the trades are going to be large enough that it will offset the lack of spread.

I can't agree with you. I trade with https://lnkd.in/dQgXBnP and have conditions 0 spread + 0 comis. Look at the screenshot attached.
Professional - $7.5/Lot on FX; Gold $10/Lot
Normal - $13.5/Lot on FX; Gold $30/Lot
Affiliate - $18.5/Lot on FX; Gold $40/Lot
Affiliate Plus - $23/Lot on FX; Gold $40/Lot
Psour
Jun 25 2019 at 11:13
7 ieraksti
So there is commission. That is just another way of charging. A zero spread account could be very expensive if they have big commissions
Professional4X
Jun 26 2019 at 07:03
1189 ieraksti
I spoke with the brokerage you claim never charges you a commission or spread this morning.

You are incorrect.

Even on their '0 spread and 0 commission' account as you claim, there is still a spread.
The spread is DYNAMIC and does in fact exist.

Copy of chat transcript with Gabriel:


Gabriel Hello. How may I help you?

Hello Scott

scott hello, I see that you offer a non-commission account with zero spread for Forex?

Gabriel Yes, for Majors

scott Im confused how you can offer this without making any money on the account from the trader?

Gabriel it is a marketing thing, we have row spread

scott but its advertised as 0 spread? Im confused

I only trade EURUSD

Gabriel it might go as low as 0.0 spread on EURUSD

but the average is around 0.3

the commission is 0 indeed

scott oh ok. So on a 0 spread 0 commission I still pay spread then. Correct? Just making sure I understand

because the spread isn't 0 but variable. Correct? Read

Gabriel it is the lowest spread our liquidity providers are offering

scott 8:57 am ok thank you


You've been proven wrong now. Please stop
If it looks too good to be true, it's probably a scam! Let the buyer beware.
Professional4X
Jun 26 2019 at 07:03
1189 ieraksti
Also..... The link you posted is for their live account sign up page using your affiliate id, so while I give you trying to back door your way into a getting a bonus, you're acting in a manner which is questionable at best.

If it looks too good to be true, it's probably a scam! Let the buyer beware.
Professional4X
Jun 26 2019 at 07:03
1189 ieraksti
I posted that before finishing.... uhg... It should have read:

The link you posted is for their live account sign up page using your affiliate id.
I give you points for trying to back door your way into a getting a bonus from unsuspecting people who fall for that kind of scam.
However, you're acting in a manner which is questionable at best and most certainly intended for your own benefit.

So please refrain from such actions, it's unethical at best.
If it looks too good to be true, it's probably a scam! Let the buyer beware.
AmDiab
Jul 29 2019 at 15:33
718 ieraksti
Professional4X posted:
Also..... The link you posted is for their live account sign up page using your affiliate id, so while I give you trying to back door your way into a getting a bonus, you're acting in a manner which is questionable at best.


I see! There is nothing like free in World! Logically Zero is not possible in Forex trading!
yellowman94
Aug 09 2019 at 08:25
41 ieraksti
Spreads can never be 0 all the time, even coinexx offers 0 pip trading, but that’s for majors only and that too happens rare, but have to mention, spreads are tight with them mostly around .1-.2 which is way better what other brokers are offering and the commission is just $2 per lot RT.
vontogr (togr)
Aug 09 2019 at 10:19
4862 ieraksti
yellowman94 posted:
Spreads can never be 0 all the time, even coinexx offers 0 pip trading, but that’s for majors only and that too happens rare, but have to mention, spreads are tight with them mostly around .1-.2 which is way better what other brokers are offering and the commission is just $2 per lot RT.

There are indeed brokers with zero spreads.
But it does not mean zero trading costs.
You always pay for a trade. For example broker charges you comissions.
BallyLemur
Aug 09 2019 at 14:03
11 ieraksti
The difference between 0pip and 0.1-0.2pips is so small that it makes no difference. I would take a well regulated decent broker that offers 0.2pip spread over a scam broker offering 0 pips
yellowman94
Aug 16 2019 at 08:03
41 ieraksti
BallyLemur posted:
The difference between 0pip and 0.1-0.2pips is so small that it makes no difference. I would take a well regulated decent broker that offers 0.2pip spread over a scam broker offering 0 pips

Just because they are offshore does not mean they are scam. Some brokers are genuinely trying to provide good services to clients all over the world. You know how tough it can be to trade in the US so many traders chose to go offshore. Brokers are just trying to cater the need of every trader that’s it. I know security issue is there but have to compromise somewhere for good trading conditions.
AniLorak
Aug 23 2019 at 15:51
920 ieraksti
yellowman94 posted:
BallyLemur posted:
The difference between 0pip and 0.1-0.2pips is so small that it makes no difference. I would take a well regulated decent broker that offers 0.2pip spread over a scam broker offering 0 pips

Just because they are offshore does not mean they are scam. Some brokers are genuinely trying to provide good services to clients all over the world. You know how tough it can be to trade in the US so many traders chose to go offshore. Brokers are just trying to cater the need of every trader that’s it. I know security issue is there but have to compromise somewhere for good trading conditions.

Absolutely; till now there so many good broker who are really trying hard to provide a decent trading environment! And I see; after losing money traders have a tendency to blame the broker although; they lost their money because of their own mistakes!
Mohammadi
Aug 24 2019 at 08:53
886 ieraksti
Broker is a very sensitive issue here! According to my 4 years trading experience, only regulated Forex brokers are reliable to use! So, traders need to select their trading platform based of regulation status of Forex brokers!
Lūdzu ienāciet, lai komentētu.