You are correct about commissions. Banks always charge fees based on notional value.
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DislikedI cannot pass this opportunity to give my honest opinion about this broker and where credits are due, I been around in the industry for more than 8 years and been into a lot of brokers and evaluated and tried some of their of their services, they are new comer in the industry but vipromarkets as of this point of time is way above the rest in terms of fairness in dealing with their clients, support are very prompt and accommodating in addressing erroneous deals and attentive to your inquiries and one of the best feature with this broker is the zero...Ignored
Disliked{quote} I was considering vipromarkets too because of their conditions. But now with Tickmill getting their FCA License, in my opinion, this is the better choice. Same trading conditions as i know, better regulation and more money protected for the worst case... Please correct me if I am wrong. RegardsIgnored
Disliked{quote} I have no account with tickmill but as I evaluated their trading conditions its almost the same with vipromarkets to my opinion and I guess that they are partners(?) so trader can choose any of the two brokers.Ignored
Disliked{quote} I have no account with tickmill but as I evaluated their trading conditions its almost the same with vipromarkets to my opinion and I guess that they are partners(?) so trader can choose any of the two brokers.Ignored
Disliked@Vipro Could you please tell why don't you accept customers from Turkey? Will you accept in the future? Thanks. Regards.Ignored
Disliked{quote} Dear MoneyTalks, The regulatory environment is not the same in all jurisdictions. Each location has its own set of individual rules and legislation concerning the regulation of financial services in that country. Turkeys regulatory body, Capital Markets Board (CMB) is quite stringent and does not easily grant permission to forex brokers to operate in the country. At the moment we do not serve Clients from Turkey, but we will continually monitoring the regulatory regime of the country and revise our policy accordingly. Kind regards, Vipro...Ignored
DislikedThe Turkish regulator has a completely different approach compared to other European regulators which is reflected on its policies. Our aim is to serve the best interests of our clients and ensure they enjoy the most favourable trading conditions and safest trading environment possible. We invite you to take a look at our competitive spreads...Ignored