Thread: Finex: Good Broker to trade NEWS- Scalping allowed
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Old 08-18-2007, 08:49 AM
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yyc196 yyc196 is offline
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Red face You have the good point
Quote:
Originally Posted by Shinigami View Post
Please explain to people that 10.000 minimum trade size with 200:1 margin means $65 margin on EUR/USD with 0.1 lot size and $1 for 1 pip. Not everyone understands.
Spreads as low as 3? are you kidding? There are banks offering as low as ZERO! 0. and not 3.
No minimum stop/limit levels? sellstop buylimit or stoploss takeprofit?
Automatic Dealing? Why do requotes appear?
Trade up to 20 million = 200 lots? Why not 1000 lots? With leverage 100:1 20 million become 200,000. So you need like 2-5 millions to cover such a position and receive profit.
What is a rebate?
Will I need any allowances from my Central Bank to start trading if there is introducing broker in my country?
People who scalp usually place tight SL and small TP. That is why they have to enter and exit fast many in a day. Due to the small TP small spreads become the determining issue.

Use ECN to scalp could be the solution.

Comments only.

Regards