Comissions should be percentage based ONLY on winning trades

Comission world is fair only to the broker. And this is worth not only for forex, certainly for stocks too.
I don't know how we can tolerate the current comission structure but one day someone will have to wake up and change this horrible situation where brokers make money out of our losing trades.

In order to restablish a win / win situation (to the broker AND the client) all comission structure world must be changed:

- There should be a fixed, monthly fee paid to the broker. Fee should be < $50.
- Then comission should be % based on our profits on each winning trade. No profit, no comission. Small profit, small comission. Big profit, big comission, but still, % remains the same like 0,1% (ideal value to be determined).

THAT would be fair.
Anything other than this is UNFAIR to the trader.
Current situation is hardly tolerable and requires a revolution.

So you are saying the broker should be punished for the clients inaptitude to trade?

Current situation is at the advantage of the broker, it should NOT.

the commissions some charge are insignificant in my opinion. Consider it rent on your place of business.

This will probably only be an issue for those who have more losing trades than winning trades.

= 90% of traders.

including yourself, I presume?

please cite your source for this statistic.

I haven't seen a broker with outrageous commissions. None that I know of are hiding what their commissions are so the best thing to do is to vote with your wallet. If you do not like what they are doing, pull your money out and go somewhere else.

Personally I don't have a problem paying commissions for the privilege of staying at home and clicking my way to financial success. Do you think it is cheap and easy to maintain servers, software and data highways so you can just log in and trade all you want from the comfort of your home? You can't run a brokerage from a 9.99 Godaddy.com web site.

Time to get real and quit whining. The people who are losing money should just QUIT TRADING until they learn how to be profitable. Unfortunately the Forex market is FILLED with get-rich-quick lottery mentality type of people. They come to Forex and plunk down anywhere from $4.95 to over $10,000 for some automated robot that will do all the work for them, all they have to do is sign on the dotted line. I guess the old saying is correct.... A fool and his money are soon parted.

Sorry for the rant but laziness is one of my pet peeves. Don't wish for a better system, wish you were a better trader.

I agree with the OP.

I also believe that when I go to see a professional sports game and I'm rooting for one side that I should only pay for my ticket when they win. That's pretty fair, imo. Why should I pay to see losers lose?

Uh guys, come on. Nowadays it's so easy to trade profitable even with less money. I mean look at the past where spreads of 4-5 pips in the Euro were normal and everything below one standard lot not possible...