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- winner88 replied Dec 29, 2006
true .. the execution time is faster most of the time as well... above all, the whole operation is more transparent.
- winner88 replied Dec 29, 2006
just a footnote: the $5 per $100,000 commission equals 50cents a lot or 1/2 a pip for usd/jpy , usd/cad, usd/chf approximately 42 cents or 2/5th a pip for aud/usd and 65cents or 2/3rd of a pip for EUR/USD.
- winner88 replied Dec 29, 2006
mini acct, 200.1 leverage, nzd/usd, $500. $500 = 100,000 units = $5 ecn commision $500 will get you 14mini lots (absolute max - at current price of 0.7060) 5/14 = 0.35 or 35 cents Another example... 10 lots of nzd/usd = $70,600 (based on current ...
- winner88 replied Dec 27, 2006
You missed the whole point,, i never said commission has direct relationship to leverage. comission is fixed (for the most part) at $5 per 100,000 ... the relationship is between leverage and lots .. the higher the leverage, the more the lot you can ...
- winner88 replied Dec 27, 2006
what most ppl dont know is that the ecn commission is greatly overrated. the standard commission is $5 on a 100,000. If you are trading on a 200.1 leverage that is still less than 1/4 of a pip for most pairs ... on a 100.1 its still less than 1/2 a ...
- winner88 replied Dec 25, 2006
most markets are closed 25th christmas and 26th (boxing day) .. except NY - US doesnt observe boxing day.
- Posts by Member Search: 'winner88'