Quote:
Originally Posted by fxcruiser
If you are really concern about the cost of doing business, i.e. pip spread, commissions, etc., my suggestion is to look at MB Trading which also uses Currenex [from what I understand] or other ECNs, where you will get more specifics on commissions and no platform fee. The platform fee alone will save you at least around $600.00 a year. I would think that you will still be using MT4 for charting, am I right?
ENJOY!
fxcruiser
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Hi fxcruiser,
Thanks for your advise, I appreciate that. Actually I am currently testing out an demo account with MBT, but i realised that the ultimate charge on cable is around 4 pips (roundtrip) after summing up the pip spread and the commission charged by them. That is the reason why when someone highly recommended PFG I want to explore into it and see how competitive are these company offering.
FYI, I had a live account with GFT before but after a few month I decided to close it. So now you may see that I am a bit careful and "picky" about the pro and con on each broker or ECN providers. The process of researching is troublesome and takes a lot of time and effort. But I believe that once I position myself correctly on a right brokers and with my good trading strategy I will have more confident in my trading career.
Thanks again for your suggestion.
Good trading to you.