Hello folks,
I'm just a bit confused. Why the heck are the lowest (expect oqtima but they don't accept european residents) commissions around $3 dollars per side per lot??? That is way too high these days!
How should someone trade eur/usd on 3 or 4 pips profitable with these high commissions, even on 0 spreads? On 3 pips that 0.6 pips are 20%! That is crazy! know robotrading had for 12 months or a bit longer $1 dollar per side and 0 to 0.2 pips on eur/usd. that is fine to trade but $3 Dollar??
You can also see that the movement is much lower per second on eur/usd that 2 years ago. It is like the commission is forced on the broker to slow down small time frame trader. -There is just no big move anymore in 1 second and that belongs to the huge trading costs per side because the broker with 0.6 pips round turn don't need to update the quote 10 times per second anymore because the movement is soo low but that means the commission is way too high ! - And I have the feeling: The brokers would lower the commissions... but they are not allowed to.
I know when you trade 10 lot trades you can get better commissions but still below $2 Dollar per side is still rare. That would be on a 3 pip move still alomost 7% of costs (without spread of course), - way too high for today.
Any Ideas what's going on?
I'm just a bit confused. Why the heck are the lowest (expect oqtima but they don't accept european residents) commissions around $3 dollars per side per lot??? That is way too high these days!
How should someone trade eur/usd on 3 or 4 pips profitable with these high commissions, even on 0 spreads? On 3 pips that 0.6 pips are 20%! That is crazy! know robotrading had for 12 months or a bit longer $1 dollar per side and 0 to 0.2 pips on eur/usd. that is fine to trade but $3 Dollar??
You can also see that the movement is much lower per second on eur/usd that 2 years ago. It is like the commission is forced on the broker to slow down small time frame trader. -There is just no big move anymore in 1 second and that belongs to the huge trading costs per side because the broker with 0.6 pips round turn don't need to update the quote 10 times per second anymore because the movement is soo low but that means the commission is way too high ! - And I have the feeling: The brokers would lower the commissions... but they are not allowed to.
I know when you trade 10 lot trades you can get better commissions but still below $2 Dollar per side is still rare. That would be on a 3 pip move still alomost 7% of costs (without spread of course), - way too high for today.
Any Ideas what's going on?
