I hear a lot of talk of this broker, trying to find out their trading costs.
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Broker recommendations!!
- Thread starter botsmarok
- Start date
As far as I know Neal, STP brokers can trade against their own clients. But ECN brokers like roboforex and fxview are comparatively better by being in sync with their clients, not trading against them and making the process extremely transparent.
Don’t these ECN brokers charge commission and have a high minimum balance condition?As far as I know Neal, STP brokers can trade against their own clients. But ECN brokers like roboforex and fxview are comparatively better by being in sync with their clients, not trading against them and making the process extremely transparent.
Because the traders and liquidity providers are connected directly, the ECN brokers will never interfere. Best part is that the brokers will not be able to trade against the clients.
I primarily use Skrill and sometimes BitPay. Not sure about the otherWith all kinds of payments?
I’ve been making more money trading with ECN brokers like fxview and roboforex simply because there’s no middleman involved. I buy and sell the currency pairs without any delay.
I recommend trading with FP Markets since it is an older broker that has been active since 2005 and offer some of the lowest commission cost per lot per round.
FPMarket charges 6 per lot round turn, which is quite high.
There are plenty brokers who charge 2 per lot round turn.