For me, I favor commerce with a broker that be controlled by USA/UK/Australia authority.Originally Posted by ;
For me, I favor commerce with a broker that be controlled by USA/UK/Australia authority.Originally Posted by ;
I must agree, I would go with one broker.Originally Posted by ;
However in the long run, you wont pay more commission for many tiny positions. To my knowledge the commission is always calculated based on position size.
If your broker charge 10USD/lot the commission would be 10USD in the event that you have 10 positions of 0.1lot too I reckon. Same for spread, when the spread is 1pip it is 1pip but the value of the 1pip with 1 lot will probably be precisely the same as the value of 10 0.1lot each with 1 pip.
But the benefit is building a solid partnership, less things to worry about and complete better performance then with replie trader.
The larger your monthly volume the lesser you pay per 100k (or a million, which is how it's generally quoted). With a deposit it safe to assume that his volume is larger than traditional retail ones. Depending upon your trading style a commission deal can amount in the end of the day.Originally Posted by ;
Take dukascopy as an example, your commission ranges from 35 down to 10 usd a million depending on your monthly volume. Paying 10 instead of 35 will produce a difference just like I do, if you do many of trades each month. The difference would easily cover my cost of living for at least a month.
The first thing that you have to is learn online trading: tools, indiors, analysis, risk management.
Search for a broker is only the second important thing you have to do.
I've got the identical problem, and as you do, I finally go to XM as a option.
EXNESS beats XM in most ways but one....the maximum quantity....the former is 1 the later is 100. (cent ACC. Only)
For none-martingale traders EXNESS is a much better option.
Are you really the Nigerian Price that was sending me mails the other day?Originally Posted by ;
Just like I mentioned to you there, I know where you can park you 200k$. Everyone informs Exness or even XM to you that are mad. If you start to trade big size (which I am sure you know) then you start to have problems withdrawing profits.
This is why you want a properly controlled ECN broker. I saw someone here said Pepperstone and I will recommend FX in precisely the egory of brokers that you could use. I know some account managers that use FX who clear BIG volume with no problem through them . This is the difference between a ECN broker and those that you listed.
Hey Badem,Originally Posted by ;
We have many professional traders on our publiion and are always prepared to talk to professional traders concerning the ECN trading requirements which we're able to offer them.
Regrettably though, we aren't able to accept customers from Nigeria. There are issues from banks in which we hold our segregated accounts and doing capital move to and from of which Nigeria is just one.
Jeez, you have to be on a fantastic commission there using ! When comes in after your remarks I love it. Continue the Fantastic work Badem!Originally Posted by ;
Wow! You want to commit a amount. I know that FxGlory is competent. I also started my forex account with FxGlory in 2014. I started which I have to some equity by trading. Hedging is part of my egy, therefore that I make great profits monthly.You are starting big compare to where I was. What I do is that I make withdrawal of a part of my profit each month. I draw 50% of my profit yearly. That's part of my egy however.Originally Posted by ;
Simply opened an account with ActivTrades in the united kingdom.
Customer's money is segregated in the company's money.
Not only is there a government guarantee of 50,000 GBP, but each customer is also insured for a further 500,000 GBP in the event of insolvency.
If needed, they will take this insurance even higher.
Negative equilibrium protection