Would you trade more if broker fees were lower?
Page 1 of 612 12 LastLast
Results 1 to 10 of 19

Thread: Would you trade more if broker fees were lower?

  1. #1
    If broker charges were half of what they are I would likely trade 3 times as much as I do. When the top discount brokers get at the Forex game fees will significantly drop and we'll look back in disbelief that we were paying 2 pip spreads and much more.

    What are your thoughts? What do you think brokers must charge to trade Forex? Would you trade with prices?

  2. #2
    If you're just speaking about spreads then I suppose a severe scalper going following 5 pips or so would trade more wouldn't he, or rather he'd trade more pairs. What is the scalper's favored, Eur/Usd because the spread is so tight?

    Envision 1 or 2 pip spreads across the board, more trade set-ups, so more transactions?

  3. #3
    Thats not the way it functions, you trade to get lower fees.

  4. #4
    I trade of a 1sec chart and can inform you that even when my brokers charges were it wouldn't change a thing except the amount of money I earn per trade. Their fee's have nothing to do with a nice setup, or the market moving in your favor.

  5. #5
    Quote Originally Posted by ;
    If broker charges were half of what they are I'd likely trade 3 times as much as I do. Once the top discount brokers get at the Forex game fees will significantly drop and we will return in disbelief that we're paying 2 pip spreads and much more.

    Which are your thoughts? What do you believe brokers must bill to trade Forex? Would you trade with prices?
    Fees is not the same as disperse,. . I trade more at oanda, which has 0 fees,. . .and I trade less with saxo witch fees me 10x2 for each in and out of place,. . .thats 20 buks. . .ok. its 12 euros,. .anyway,. .it is still large,. . .so I like oanda more...

  6. #6
    I would actually prefer a broker with Greater fees is That They: Do not hunt my ceases Filled me instantly Let me conduct my scalping EA Let me straddle news.

  7. #7
    Laff, yea. Better matches, better service, more dependable, overall better functionality... I'd be very pleased to pay for all that. I exchange when my method informs me to exchange, no longer.

    Lower fees or fees... not my first concern. Will they take my money and run? That's my first consideration. Will they screw w/ my trades? That's my 2nd... etc, etc..

  8. #8
    Yep, same here. I don't believe feemy trading frequency would influence much.

  9. #9
    I scalped since I am with Hotspot.

    Lower prices have a huge effect.

  10. #10
    Quote Originally Posted by ;
    If you're just talking about spreads then I guess a serious scalper going after 5 pips or so would exchange more wouldn't he, or rather he would exchange more pairs. What's the scalper's favorite, Eur/Usd since the spread is so tight?

    Envision 1 or 2 pip spreads across the board, more trade set-ups, therefore more transactions?
    Thats pretty much impossible though. Brokers dont make the spreads, the banks that they use do. Spreads are based on the amount of orders at prices on the market. These arent the regular retail orders, theyre the big bank orders. Banks do trade FX like we do. They really have bid prices and ask prices. Like, ill buy 10,000,000,000 at 1.2345 or I will sell 1,000,000,000 at 1.2349. These various prices are what account for those spreads. These spreads trickle down to us. So spreads technically cant be 1-2 pips on each pair. If you find a broker that does so, it usually means that they're paying the real spreads and only providing you with 1-2 pip spreads which means theyre likely chrging you somewhere else really awful. Never trust a broker that gives spreads. It's only a bait and switch fashion egy.

Posting Permissions

  • You may not post new threads
  • You may not post replies
  • You may not post attachments
  • You may not edit your posts
  •  
This website uses cookies
We use cookies to store session information to facilitate remembering your login information, to allow you to save website preferences, to personalise content and ads, to provide social media features and to analyse our traffic. We also share information about your use of our site with our social media, advertising and analytics partners.