Quote:
Originally Posted by Dan  Rick,
Thanks. I looked at forexpeacearmy.com (nice website). I found a 4 star broker that looks great with low fixed spreads (.5-1), 500:1 leverage, 20% bonus  , STP, and no commission or swap fees. However, they say they charge a 1 pip commission on all scalpers transactions (it all sounded so good until I got to this  ). Could they tell that I am using megadroid? The megadroid website says it is not traceable but I think I remember you saying it is still traceable by the broker. I went ahead and opened a practice account because even with commission, spreads are super low (fixed .5 pip 0n eur/usd).
It is nice to be able to talk to someone with such a vast knowledge as yourself. I thank you for being so helpful. If you ever need any help with ahything (testing promising robots on my vps, researching for you, or anything like that) just let me know, I would be glad to help.
Sincerely,
Dan |
Dan,
Most STP brokers charge commission, that is one way they make money.
Here's a discussion about the different types of brokers (at BabyPips.com) and some information about STP that I did not know and (if you read the posts below), a vote for FXOpen.
Thanks for the kind words. I lead by example trying to foster a sharing community instead of a selfish/cruel one. You can help me/us best by continuing to contribute and share your experiences so we all benefit.
Rick