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ECN with and without commissions.
Membro Desde Jul 09, 2020
39 posts
Jan 11, 2021 at 06:40
Membro Desde Jul 09, 2020
39 posts
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.
Membro Desde Dec 05, 2020
81 posts
Jan 11, 2021 at 07:45
Membro Desde Dec 05, 2020
81 posts
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.
Membro Desde Jun 22, 2020
77 posts
Jan 11, 2021 at 09:46
Membro Desde Jun 22, 2020
77 posts
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.
Membro Desde Jul 09, 2020
39 posts
Jan 20, 2021 at 06:37
Membro Desde Jul 09, 2020
39 posts
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.
Membro Desde Jun 04, 2019
11 posts
Jan 25, 2021 at 08:13
Membro Desde Dec 11, 2020
110 posts
78678676 posted:Seems like he is talking about leverage.BringmeFish posted:You're talking about the leverage right?
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
Membro Desde Jul 09, 2020
39 posts
Jan 25, 2021 at 08:21
Membro Desde Jul 09, 2020
39 posts
BringmeFish posted:I suggest low leverage for only beginners, once traders get a hang of things, they can start taking bigger risks.
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
Membro Desde Jan 17, 2021
31 posts
Membro Desde Jun 15, 2020
59 posts
Feb 19, 2021 at 05:01
Membro Desde Jun 15, 2020
59 posts
There are options like Pepperstone, Swissquote, XM, Xtb, Forex.com, Fxview. I have used them all so I know how it must be. You can always begin with a demo account in my opinion and experience a platform. This will give you a fair idea of what the services and conditions of a platform are.
Membro Desde Jun 30, 2020
47 posts
Feb 19, 2021 at 13:07
Membro Desde Jun 30, 2020
47 posts
marnuslabushane posted:Try not to be so scared of a broker so much. They are essentially for a trader and just simply go with low commission and reliable trading platforms. Like I have always used brokers that don’t charge so high and the services are really good as well. Since it worked out fine for me, I am okay with it. I’ve used IB and Fxview mostly. Both are different kinds of brokers in a way, but when it comes to my particular trading needs, they work just fine.
I always get confused with this stuff. I mean should I go with a broker that is very good when it comes to the trading conditions but charges high commision or should I just stick to no commission broker that provides okayish service?
Membro Desde Nov 24, 2020
28 posts
Membro Desde Mar 17, 2021
536 posts
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