Spreads And Commissions Problems

All I can say is that if you deposit $5, they charge slightly higher fees than other brokers, but if you deposit $500, you can get 0 spreads with 6-7$ fees. I think it's good because the lower the account types you have, the more fees you pay. My favorite indicator in Exness is a multilingual plugin that allows you to insert analysis strategies, comments, measurements, and trading central (support/resistance/target/stop pivots) for MT4. It also has a free VPS with a $500 deposit, with great speeds and low latency to support your transactions. But remember VPS can be enjoyed if you deposit $500. Of course, I wouldn't say I like Exness' education menu. The education in there only basic forex can be accessed on another website that more complete and advanced educational forex websites. Overall, I gave it 3 stars because only the trading tools are good. Others from Exness are standard for me so far. it's good but not so good

TriumphFX is a broker for specific purposes. Yes, if you are a professional trader and have a large deposit of at least $500, you can get many of the features it has. Like low commissions, tight spreads, and compensation for bank transfer fees! But unfortunately less than $500 won't get any of these features. The minimum spread is already 1.6 pips and under ideal conditions can exceed 2 pips.

How much is the spread for indices trading in this broker? I've noticed that TriumphFX offers all kinds of indices including that outside of the US indices. So, I think that this broker might be the one I am looking for. However, I can't find any information regarding the indices spreads. Am I looking it at in the wrong place? I would be glad if anyone can answer my question.

I have to admit that the FBS zero spread account is pretty tempting. I mean this account has pretty amazing spreads, however, I found that the commission fees are a little bit expensive for me, which is $20. But, I wonder if this is for round turn commission? Because if yes, then I guess it's pretty reasonable considering FBS has great trading services.

It's generally a good broker, I just have some problems with them. For starters, they are not the best broker to trade with during a news release. Because, when there is big news they will change the margin requirements 30-40 minutes before the news hit in. For news traders this sucks. I don't know if the other broker did it or not. Second of all, you can't change your phone number. So, if you lost your phone and you can't access your old number back, I don't think you can access your old account. There should be a safety measure in case this thing happens. The spread is good and pretty much low, but it is still considerably bigger than some brokers I've tried before.

Several days ago I checked my positions and I realise that my profits were not matching up with the pips I caught. even after I added the spreads (if my calculation is correct, which I'm sure it is) it still doesn't make sense. I am pretty sure that my loss was bigger than it was supposed to be. Because I am not sure, I decided to execute two positions in different directions for the same pair, like hedging. The one in a loss was recorded as 16 pips loss and the one in profit was recorded as 5 pips profit. I confronted them about it, but they just logged me out. I can't believe they are regulated.

Ever since my friend recommended it, I start trying FBS, here is what I found. I use the demo account for about a month or so just to really get the grasp of it. During that moment I also tested their zero fixed spread account. Sadly, it's more disappointing than I had anticipated. They claim their stops are fixed for 3 pips, while it goes up to 50 pips sometimes, meaning the spread is not as good as what they promised. Slippage is really bad, during my trade I suffer negative 20 pips as slippage. This is happened on their zero spreads account, I don't know if their other account would better or worse.