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My concern on lot commissions
Uczestnik z Oct 16, 2020
125 postów
Jan 16, 2021 at 12:00
Uczestnik z Oct 16, 2020
125 postów
Going live with not much knowledge of the market is a mistake. Please use demo account.
Uczestnik z Oct 07, 2020
90 postów
Uczestnik z Dec 28, 2020
167 postów
Jan 19, 2021 at 11:42
Uczestnik z Dec 28, 2020
167 postów
Placing that many lot sizes when you are just gathering knowledge is not a good idea, first develop a good strategy and practice on demo.
Uczestnik z Jun 30, 2020
43 postów
Uczestnik z Oct 07, 2020
90 postów
Jan 22, 2021 at 07:56
Uczestnik z Nov 02, 2020
32 postów
Gleywilleyy posted:
I honestly prefer brokers with lower commissions and tighter spreads. As long as the commission cost is less, I don’t mind paying that in lieu of low spreads.
My approach is also same. That's why went with fxview, $2 commissions RT and low spreads.
Uczestnik z Jun 30, 2020
43 postów
Jan 27, 2021 at 09:51
Uczestnik z Jun 30, 2020
43 postów
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.
Uczestnik z Jul 19, 2020
283 postów
Jan 28, 2021 at 17:56
Uczestnik z Jul 19, 2020
283 postów
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.
Uczestnik z Oct 07, 2020
90 postów
Jan 29, 2021 at 04:07
Uczestnik z Oct 07, 2020
90 postów
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
Uczestnik z Nov 17, 2020
16 postów
Feb 03, 2021 at 06:39
Uczestnik z Nov 17, 2020
16 postów
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.
Uczestnik z Oct 01, 2020
27 postów
Uczestnik z Nov 12, 2020
19 postów
Feb 06, 2021 at 06:16
Uczestnik z Nov 17, 2020
15 postów
Don’t go only with commissions because a broker will charge a commission to provide you with service. I am using Fxview which has a pure ECN account. The rate of commission is 2 dollars per lot round turn. It is very transparent but there are other brokers too which do not charge transaction cost. There are STP accounts as well which don’t charge the traders for the commission (like IB) but earn through the difference in the spreads
Uczestnik z Nov 12, 2020
19 postów
Feb 08, 2021 at 09:44
Uczestnik z Nov 12, 2020
19 postów
Fabiandelph842 posted:Kroolsc posted:
Don’t go only with commissions because a broker will charge a commission to provide you with service. I am using Fxview which has a pure ECN account. The rate of commission is 2 dollars per lot round turn. It is very transparent but there are other brokers too which do not charge transaction cost. There are STP accounts as well which don’t charge the traders for the commission (like IB) but earn through the difference in the spreads
There are many instances when scam brokers lure the traders in their trap by using the promises of not charging any brokerage. But it is common sense, how can they provide services without charging some fees?!
I think most of the traders only choose a broker on the basis of the commission. This should not be the only criteria but leverages and spreads and other things should also be thought of while choosing a broker.
Uczestnik z Jun 30, 2020
43 postów
Feb 09, 2021 at 09:40
Uczestnik z Jun 30, 2020
43 postów
debragonzalez posted:Fabiandelph842 posted:Kroolsc posted:
Don’t go only with commissions because a broker will charge a commission to provide you with service. I am using Fxview which has a pure ECN account. The rate of commission is 2 dollars per lot round turn. It is very transparent but there are other brokers too which do not charge transaction cost. There are STP accounts as well which don’t charge the traders for the commission (like IB) but earn through the difference in the spreads
There are many instances when scam brokers lure the traders in their trap by using the promises of not charging any brokerage. But it is common sense, how can they provide services without charging some fees?!
I think most of the traders only choose a broker on the basis of the commission. This should not be the only criteria but leverages and spreads and other things should also be thought of while choosing a broker.
Yes, that’s true. If a trader looks at just one feature, it won’t work. There are a number of things that must be considered if you want to make sure that you make a good broker choice.
Feb 09, 2021 at 11:41
Uczestnik z Oct 23, 2020
29 postów
Fabiandelph842 posted:Kroolsc posted:
Don’t go only with commissions because a broker will charge a commission to provide you with service. I am using Fxview which has a pure ECN account. The rate of commission is 2 dollars per lot round turn. It is very transparent but there are other brokers too which do not charge transaction cost. There are STP accounts as well which don’t charge the traders for the commission (like IB) but earn through the difference in the spreads
There are many instances when scam brokers lure the traders in their trap by using the promises of not charging any brokerage. But it is common sense, how can they provide services without charging some fees?!
I have also seen many forex broker scams in my trading career. So, whenever I am choosing a broker, I make sure that it is well regulated and won’t scam me.
Feb 09, 2021 at 12:52
Uczestnik z Aug 07, 2020
71 postów
I also made a choice of a broker for a very long time, because I wanted to choose one with which it would be safer than which it would not cheat, therefore, I consider Amarkets worthy, and if it were not so, it would not have lasted on the market for 13 years.

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