Gold trading - the cheapest method

Feb 02 at 13:37
Przeglądane 89
4 Replies
Uczestnik z Mar 09, 2010   12 postów
Feb 02 at 13:37 (edytowane Feb 02 at 13:37)

Hello,


I'm constantly looking to decrease trading costs, as it increases profitability. Therefore, if anyone has a suitable broker with a good promo, please share it. I already have a winner you cannot beat for February (almost 0 spread and 0 commission), but I need something for March, etc.


What's your broker's average cost?


Uczestnik z Feb 12, 2016   127 postów
Feb 03 at 20:34
CybPL posted:

Hello,


I'm constantly looking to decrease trading costs, as it increases profitability. Therefore, if anyone has a suitable broker with a good promo, please share it. I already have a winner you cannot beat for February (almost 0 spread and 0 commission), but I need something for March, etc.


What's your broker's average cost?



I prioritize low-cost brokers with tight spreads and minimal commissions, typically averaging around 0.1-0.5 pips on major pairs like EUR/USD. For March, consider exploring brokers like HFM, as they often offer competitive pricing and occasional promotions. Always verify their terms to ensure consistency.

Uczestnik z Feb 08, 2025   51 postów
Feb 11 at 00:54

Use the spreads calculator https://www.myfxbook.com/forex-broker-spreads to compare, then narrow down to those with reasonable commissions. 

My trades are available for social copying at IC Social. Find me on X @blufxnet.
Uczestnik z Feb 12, 2016   127 postów
Feb 11 at 12:47
CybPL posted:

Hello,


I'm constantly looking to decrease trading costs, as it increases profitability. Therefore, if anyone has a suitable broker with a good promo, please share it. I already have a winner you cannot beat for February (almost 0 spread and 0 commission), but I need something for March, etc.


What's your broker's average cost?



The cheapest method to trade is probably CFD, since it is simply a financial bet between you and counterparty. You don't buy or sell anything. That's why from the very start after some analysis I decided to trade only CFDs with HFM as they provide right exposure and no extra risks or costs 

Uczestnik z Mar 09, 2010   12 postów
Feb 11 at 14:27
bardachok posted:
CybPL posted:

Hello,


I'm constantly looking to decrease trading costs, as it increases profitability. Therefore, if anyone has a suitable broker with a good promo, please share it. I already have a winner you cannot beat for February (almost 0 spread and 0 commission), but I need something for March, etc.


What's your broker's average cost?



The cheapest method to trade is probably CFD, since it is simply a financial bet between you and counterparty. You don't buy or sell anything. That's why from the very start after some analysis I decided to trade only CFDs with HFM as they provide right exposure and no extra risks or costs 


I'm paying 0 commission and my spread starts from 0.0 pips, but it's only till the end of the month. Such promo is available at VantoFX.

You must be connected to Myfxbook in order to leave a comment
*Komercyjne wykorzystanie i spam są nieprawidłowe i mogą spowodować zamknięcie konta.
Wskazówka: opublikowanie adresu URL obrazu / YouTube automatycznie wstawi go do twojego postu!
Wskazówka: wpisz znak@, aby automatycznie wypełnić nazwę użytkownika uczestniczącego w tej dyskusji.