Good Brokers to trade DAX ? (low spread and initial margin) | Forex Factory

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Good Brokers to trade DAX ? (low spread and initial margin)

  • #1
  • First Post: Jan 26, 2019 11:30am Jan 26, 2019 11:30am
Hi,
Any recommendation on good Brokers to trade the DAX ? With low initial margin percentage and low spreads. On average, Initial margin = 5% and spread = 3.0 anything better than this ? Thanks.

Regards.
  • #2
  • Jan 26, 2019 12:10pm Jan 26, 2019 12:10pm
Quoting patton
Hi, Any recommendation on good Brokers to trade the DAX ? With low initial margin percentage and low spreads. On average, Initial margin = 5% and spread = 3.0 anything better than this ? Thanks. Regards.
Every bucketshop offers a better spread than 3.0.

Dax with more than 1 pips transactions costs makes no sense.
I m sure you ll find quickly brokers with 0.5 to 0.8.
I won t name some.
Risiko birgt immer auch die Chance.
  • #3
  • Jan 28, 2019 8:43pm Jan 28, 2019 8:43pm
Don't understand why you don't name any brokers. I thought the point of this forum was to provide that.

Anyways, after the new ESMA regulatory rules, implemented in 2018, CFD initial margins have gone up a lot, and spreads as well.

If anyone cares to share this information, would be appreciated. Thanks.
  • #4
  • Jan 29, 2019 2:12am Jan 29, 2019 2:12am
Quoting patton
Don't understand why you don't name any brokers. I thought the point of this forum was to provide that. Anyways, after the new ESMA regulatory rules, implemented in 2018, CFD initial margins have gone up a lot, and spreads as well. If anyone cares to share this information, would be appreciated. Thanks.
I won t name them because I don t advertise any broker.
Why don t you tybe broker names in your search engine and see almost everybody you are typing offers better conditions than your 3 pips.

Welcome.
Risiko birgt immer auch die Chance.
  • #5
  • Feb 6, 2019 2:21pm Feb 6, 2019 2:21pm
For whomever is interested, here's some info collected on Brokers for Dax:

1) Broker: GKFx
Spread: 1.8
1 Lot = 560 euros
Min Lots = 0.1
Commission = None
1 Point = 1 Pip

2) Broker: AxiTrader
Spread: 2.0
1 Lot = 1'600 euros
Min Lots = 0.01
Commission = None
1 Point = 25 Pips

More info will come.
  • #6
  • Last Post: May 11, 2019 4:02pm May 11, 2019 4:02pm
Quoting patton
For whomever is interested, here's some info collected on Brokers for Dax: 1) Broker: GKFx Spread: 1.8 1 Lot = 560 euros Min Lots = 0.1 Commission = None 1 Point = 1 Pip 2) Broker: AxiTrader Spread: 2.0 1 Lot = 1'600 euros Min Lots = 0.01 Commission = None 1 Point = 25 Pips More info will come.
Check if the offer DAX future or Dax cash?
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