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I gave 1000% in commission to my broker last week and you ?

Garrian
Jan 26 2020 at 14:38
17 ieraksti
I assuming from your information that your broker is very very reliable anyway on basically each aspect of your life. You can divide your cash and go with less strict on rules brokers in order to earn even more over time... try this later please.

vontogr (togr)
Jan 27 2020 at 08:06
4862 ieraksti
thirdbrainsa posted:

I just made some computation...last week for 100'000 USD, i gave 3'000 USD to (severals brokers for a 300 USD of gain...waghh it's 1000 % of commission. The spread is just killing all rentability.

How a business can continue to be sustainable when you are cheating so high your(s) client(s) ?

If you gave $3,000 for $100,000 it is only 3%.
It is up to you to make some profit out of that 1 lot = $100,000.
Moreover on my broker comission for trading one lot is $55 and zero spread.
So comission og your broker is $3000 for 1 lot? That is nonsense.

birthtamper
Jan 27 2020 at 15:44
10 ieraksti
What broker do you use? Sounds like it is very competitive

Andrew (247mm)
Jan 27 2020 at 23:45
9 ieraksti
thirdbrainsa posted:

I just made some computation...last week for 100'000 USD, i gave 3'000 USD to (severals brokers for a 300 USD of gain...waghh it's 1000 % of commission. The spread is just killing all rentability.

How a business can continue to be sustainable when you are cheating so high your(s) client(s) ?


Those numbers don't make any sense, unless you do some arbitrage trading or crazy scalping for 1-2 pips at a time. In that case, don't blame the broker.

I am on the market for 10+ years and still learning and still analyzing every trade and still working on improvements.
vontogr (togr)
Jan 28 2020 at 13:56
4862 ieraksti
birthtamper posted:
What broker do you use? Sounds like it is very competitive

Nope it seems like his broker is charging $3,000 per lot comission
While on my broker it is $55.
That is not competitive but robberry.

Marketmultitool
Jan 28 2020 at 18:31
69 ieraksti
I don't pay any commission ,just overnight positions and spread ,I even get dividends on some stocks .plus a useful screening tool .

Adribaasmet
Jan 29 2020 at 07:38
951 ieraksti
Marketmultitool posted:
I don't pay any commission ,just overnight positions and spread ,I even get dividends on some stocks .plus a useful screening tool .


I fee; trading spread is much logical than the commission system! This is why, I use trading spread based trading platform.

cravenprofession
Jan 29 2020 at 12:20
10 ieraksti
togr posted:
birthtamper posted:
What broker do you use? Sounds like it is very competitive

Nope it seems like his broker is charging $3,000 per lot comission
While on my broker it is $55.
That is not competitive but robberry.


So which broker do you use?

vontogr (togr)
Jan 30 2020 at 10:59
4862 ieraksti
cravenprofession posted:
togr posted:
birthtamper posted:
What broker do you use? Sounds like it is very competitive

Nope it seems like his broker is charging $3,000 per lot comission
While on my broker it is $55.
That is not competitive but robberry.


So which broker do you use?

https://bit.ly/2GBMWfW

vontogr (togr)
Jan 30 2020 at 13:41
4862 ieraksti
togr posted:
thirdbrainsa posted:

I just made some computation...last week for 100'000 USD, i gave 3'000 USD to (severals brokers for a 300 USD of gain...waghh it's 1000 % of commission. The spread is just killing all rentability.

How a business can continue to be sustainable when you are cheating so high your(s) client(s) ?

If you gave $3,000 for $100,000 it is only 3%.
It is up to you to make some profit out of that 1 lot = $100,000.
Moreover on my broker comission for trading one lot is $55 and zero spread.
So comission og your broker is $3000 for 1 lot? That is nonsense.

It is actually $5.5 per lot

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