Jan 08 2021 at 09:33
What’s this all about ECN with and without commissions? My need is about getting the lowest spreads such as Alpari. Any similar options?
Jan 11 2021 at 04:53
Low spreads with high commission charges won’t do you any good.
Jan 11 2021 at 06:40
Look into all aspects when choosing a broker. Commissions, spreads, trade size, trading capital requirement, all are important criteria to look at. Ignoring even 1 can cost you. After some experience even leverage is going to be a deciding factor while trading.
Jan 11 2021 at 07:45
williamhayes posted:How much leverage do you suggest trading with? How much do you use?
Look into all aspects when choosing a broker. Commissions, spreads, trade size, trading capital requirement, all are important criteria to look at. Ignoring even 1 can cost you. After some experience even leverage is going to be a deciding factor while trading.
Jan 11 2021 at 09:46
Fxview is the one. Basically with no commission brokers, you'd find spreads to be higher than usual. so people usually prefer low spreads and low commissions kinda deal. Since you are into low spreads, I don't think no commission broker would be your thing.
Jan 12 2021 at 03:49
If you are like me (someone just starting out) go for a low commission broker, feels nice when at the beginning of your trading journey you are able to save a bit of money. Won’t be possible when per trade you will have to pay a lot. With Alpari (my previous broker) I was paying $1.5 per lot. Currently I am using Fxview and XM and they seem reasonable to me. Spreads with both are low, starting from 0 pips. However don’t expect 0 pips at all times.
Jan 12 2021 at 10:44
Harshalgibbs posted:Even from those offering 0 spread accounts?
If you are like me (someone just starting out) go for a low commission broker, feels nice when at the beginning of your trading journey you are able to save a bit of money. Won’t be possible when per trade you will have to pay a lot. With Alpari (my previous broker) I was paying $1.5 per lot. Currently I am using Fxview and XM and they seem reasonable to me. Spreads with both are low, starting from 0 pips. However don’t expect 0 pips at all times.
Jan 12 2021 at 12:27
XM is a good choice is my opinion too.
Jan 12 2021 at 13:17
first_time posted:Ya I definitely do not want to be paying a very high spread cost if that’s what a no-commission broker’s gonna give me. What are fxview’s commission cost? Also how’s the interface, I can’t be bothered with very complex systems!
Fxview is the one. Basically with no commission brokers, you'd find spreads to be higher than usual. so people usually prefer low spreads and low commissions kinda deal. Since you are into low spreads, I don't think no commission broker would be your thing.
At the moment, with the broker Amarkets, I park on ECN with a leverage of 1: 200 and a depot from $ 200
Mathewshayden posted:Commissions are minimal only $2/100k rt, for trading platform I use mt4 my all time fav, also, acttrader has good interface. You can open demo and try.first_time posted:Ya I definitely do not want to be paying a very high spread cost if that’s what a no-commission broker’s gonna give me. What are fxview’s commission cost? Also how’s the interface, I can’t be bothered with very complex systems!
Fxview is the one. Basically with no commission brokers, you'd find spreads to be higher than usual. so people usually prefer low spreads and low commissions kinda deal. Since you are into low spreads, I don't think no commission broker would be your thing.
Brokers offering these accounts are either STP or ECN account brokers. More often ECN because the liquidity is high. And they can afford to give 0 spreads.
Jan 13 2021 at 12:47
Aurisida posted:What are the spreads on the major pairs with them?
At the moment, with the broker Amarkets, I park on ECN with a leverage of 1: 200 and a depot from $ 200
Jan 13 2021 at 13:18
Mathewshayden posted:True ECN always come with commissions. When broker makes almost no profit on spread he has to do it via commissions
What’s this all about ECN with and without commissions? My need is about getting the lowest spreads such as Alpari. Any similar options?
I mainly trade with broker Amarkets using an ECN account and it has the fastest order execution speed
Jan 14 2021 at 08:31
richard2 posted:Thank you for sharing this information. It is actually quite good.Mathewshayden posted:Commissions are minimal only $2/100k rt, for trading platform I use mt4 my all time fav, also, acttrader has good interface. You can open demo and try.first_time posted:Ya I definitely do not want to be paying a very high spread cost if that’s what a no-commission broker’s gonna give me. What are fxview’s commission cost? Also how’s the interface, I can’t be bothered with very complex systems!
Fxview is the one. Basically with no commission brokers, you'd find spreads to be higher than usual. so people usually prefer low spreads and low commissions kinda deal. Since you are into low spreads, I don't think no commission broker would be your thing.
Jan 14 2021 at 12:31
richard2 posted:Thanks, will check it out.Mathewshayden posted:Commissions are minimal only $2/100k rt, for trading platform I use mt4 my all time fav, also, acttrader has good interface. You can open demo and try.first_time posted:Ya I definitely do not want to be paying a very high spread cost if that’s what a no-commission broker’s gonna give me. What are fxview’s commission cost? Also how’s the interface, I can’t be bothered with very complex systems!
Fxview is the one. Basically with no commission brokers, you'd find spreads to be higher than usual. so people usually prefer low spreads and low commissions kinda deal. Since you are into low spreads, I don't think no commission broker would be your thing.
Jan 14 2021 at 12:32
togr posted:That is some food for thought, nothing comes for free after all.Mathewshayden posted:True ECN always come with commissions. When broker makes almost no profit on spread he has to do it via commissions
What’s this all about ECN with and without commissions? My need is about getting the lowest spreads such as Alpari. Any similar options?
Jan 20 2021 at 06:37
Jude_craig posted:I use different leverage with different brokers FXTM, FP Markets. As to how much anyone should use: I would say that should depend on how much experience you hold (for right predictions) and how much you are willing to risk. Starting with no more than 5:1 seems right, which eventually must be increased.williamhayes posted:How much leverage do you suggest trading with? How much do you use?
Look into all aspects when choosing a broker. Commissions, spreads, trade size, trading capital requirement, all are important criteria to look at. Ignoring even 1 can cost you. After some experience even leverage is going to be a deciding factor while trading.
Jan 20 2021 at 10:43
1:5 is so low. How can you make any money with that. You must have a huge account. My account is only $1000 and with 1:5 I would have to use 0.01Lot
