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My concern on lot commissions

richardmarcus
Jan 29 at 04:07
104 ieraksti
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

advancedsmifser
Jan 29 at 10:08
35 ieraksti
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

advancedsmifser
Jan 29 at 10:19
35 ieraksti
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.

Christopher332
Feb 01 at 12:15
23 ieraksti
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.

advancedsmifser
Feb 02 at 11:55
35 ieraksti
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.

Kroolscmark844
Feb 03 at 06:39
20 ieraksti
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.

Fabiandelph842
Feb 03 at 11:05
24 ieraksti
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.

AniLorak
Feb 03 at 13:56
920 ieraksti
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.

Mikehussey
Feb 04 at 04:09
58 ieraksti
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.

Darrensmith
Feb 04 at 06:21
37 ieraksti
@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.

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