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Broker recommendations!!
- Thread starter botsmarok
- Start date
Because it’s regulated?IF you talk about speed it's not definitely about Bitcoin. Some transactions take hours if not day. Although it expresses some good volatility and plays well at round levels so it's pretty good asset for scalping. I prefer to steer clear from exchanges and trade BTC via CFD with Hotforex. Despite paying higher fee you can be sure your funds won't be stolen.
Ya it’s not just online recommendations that one should go for, own research is also very much important.broker recommendation is a very tough game right now , because most of the brokers in online found to be scams , so its a dedicated decision.
Anyone trading here with floating spreads? I switched recently and yet to decide which is better - fixed or variable.
I would go for variable spreads anyday. Fixed spreads don’t change with market trends and that can be such a disadvantage. Good thing, my brokers fxview and icm are flexible in a lot of respects, including spreads.Anyone trading here with floating spreads? I switched recently and yet to decide which is better - fixed or variable.
Who could forget the Swiss National Bank debacle when it removes the 3 years old peg of the Euro out of the blue. EURCHF saw a new low with the traders and brokers who were swiped out of the business while many looked for bailouts simply to stay afloat.
So how do you calculate the spread cost? Any formula here that we should know?Anyone trading here with floating spreads? I switched recently and yet to decide which is better - fixed or variable.
Not much of a math. Just calculate the difference between the buy and sell price of the pips. Or subtract the bid price from the ask price.So how do you calculate the spread cost? Any formula here that we should know?
True, best way is to demo test brokers that seem good.Ya it’s not just online recommendations that one should go for, own research is also very much important.