Spreads and Commissions - Forex Broker Testimonials

I have been trading for more than 5 years and in my experience, IC Markets is one of the best trading platforms that I have used. I would rate it 8/10. As a scalper, it is extremely important for me that my broker provides all the necessary conditions for such meticulous work. IC Markets meets this requirement for me. The broker's orders closing speed is one of the fastest in the entire market, which is a definite plus. It does unfortunately have a high deposit, which is not something for beginner traders so they do lose out on the newcomers. And they have a complex and lengthy verification procedure. However, during the three years of trading with them, the broker has never let me down, so I highly recommend it.

I do not like to praise people or companies for nothing. But I am going over the facts on the experience of working with Tickmill. This is quite a powerful STP broker from experienced major companies. The interbank market access is an highly important moment for me since there is no conflict of interest with the broker. This is seen immediately both in execution and real spreads that you observe in the terminal. As to spread without additional commissions, it is very adequate for them, the broker does not pull three skins from the client. With this, the spreads in their specifications correspond to those in real trading. They are not moving apart too much, even with extra volatility, as a pound has been observed recently. Just recently, the week on dollar/yena started with a gap and I was standing up for sale. The price opened at 40 points with a gap and immediately closed the deal. I planned to take 50 pips off the taka and took more than 90 off. Fact! I appreciate them for their honesty towards their clients.

I heard nothing but good things about Admirals (or Admiral Markets). After contemplating for a while, I finally decided that I could try to open a trading account in them. I thought it won't take long and boy was I wrong. It takes far too much time and the photo id app doesn't allow for switching the camera to face screen view. But I was determined, and all of my applications finished after 3 frustrating hours. But then again, they do have a promising trading condition, great spread, great commission, and amazing leverage. Well, I'll try to see how they will perform.

I think it's wonderful that FXTM offers low-spread trading with plenty of instruments to choose from. But, as all traders know, low spread or raw spreads always comes with commission fees. I was hoping that FXTM commission fees wouldn't be too expensive. So, my question is how much do the FXTM commission fees cost? Especially for low-spread CFD trading.

Hai, I am fairly new in forex trading, so I don't really understand some basic knowledge about it. Here are some questions I have about FP Markets.

1. Why do FP Markets have two different types of pricing?

2. What is the difference between ECN and DMA pricing?

3. As a new trader, which one would bring me more benefits?

Thank you for answering my questions.

What kind of CFD products do IC Markets have? I trade metals (usually gold and silver), but these days I have been thinking of trying out soft commodities. But I am not sure about it, that is why I am on a journey to find the best broker for this job. How much is the spread and leverage for soft commodity CFD in IC Markets?

While I'm interested in trying out the raw spread account, I am not too sure about the commission fees. The commission fees always end up increasing my trading costs. That wouldn't look good for my trading funds.

So, I guess the standard account would fit me better. However, I am worried about the spread. I would be glad if anyone can point out how much the average spread for this account type is.

This broker keeps trying to close my trade and almost took all my money. I almost ended up having zero balance in my account. Just be careful when using their service. While I don't think that I am the only one experiencing this problem, there are many who have the same experience as me....although there are a few friends who have a good time. I don't know if I am just unlucky or if they have a problem with my traders.

Either way, I don't really enjoy my time with them.

Do IC Markets allow soft commodity trading?

If yes, do they provide zero spreads trading for these instruments as they do on forex pairs?

Also, how much leverage can I get for soft commodity trading? It is very hard to find a trusted broker that has these instruments, and when they do, it usually comes with ridiculous spreads and costs.

A lot of people said that Blueberry Market has a good spread that doesn't float too much during volatile sessions. I was thinking of trading cryptocurrency with this broker, but there are some things I should know first. For starters, how much is the spread for cryptocurrency trading in Blueberry Markets? Second of all, how much leverage can I get to trader cryptocurrency here?