0 spread, 0 commision - getting tired of all this..
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Thread: 0 spread, 0 commision - getting tired of all this..

  1. #1
    I visit some broker market from the banners here that they don't have any spread. 0. Zero!

    Initially, they'd commissions. They started to market commission free trading. But the broker was paid by the spread. Yeah, it's something. You don't pay anything to the broker, it's just the price at exactly what you exchange - a bit off the market. Sounds great!

    Then everyone gets used to no commission trading. Everyone's used to it, there's no more plogical impact for those marketers to entice new clients. What they do? They start advertising no spread. But it is going to cost you *just* $0.6 for every $1,000 traded. Wow, no spread and just 6 cents for every K exchanged? That's sooooo! I am sooo hurrying up to start an account together

    I am getting tired of this. It is like a bicycle And I am not even going to insist upon the fact that $.6 for every K is not any more, no less than 6 pips. You go commerce with 6 pips! Or better yet, send your enemies to do it

    Peace!

  2. #2
    Quote Originally Posted by ;
    ok maybe I misunderstood that. I believed when they say 60 cents per 1000 traded, they just meant one way transaction.
    Thats my understanding, in case it 1.20 round turn then your realy getting tear off.

  3. #3
    Nicely....it certainly isn't a new technique. . .telling only partial Truth is what advertisement is about.it's such as the cereals with calcium vitamins allegedly good for your health, when they forget to explicitly mention that they also have a lot of sugar and are as natural as the glowing synthetic yellow food coloring that they contain.

    But you can not really blame them for that alone.i mean...it's the trader's duty to confirm the broker they plan to address and verify their working mode.

    i hear a lot of stories from people being duped by brokers. . .but should you ask them have you assessed the broker's website first, have you tried doing at least some minimal online research about them. .guess what they reply?

  4. #4
    Quote Originally Posted by ;
    I see some broker advertise in the banners here that they don't have any spread. 0. Zero!

    At first, they'd commissions. So they started to advertise commission free trading. But the broker was paid by the spread. Yeah, it's something emotional. You do not pay anything to the broker, it's only the price at what you trade - a little off the market. Sounds good!

    Then everybody gets used to no commission trading. Everybody's used for it, there's no more plogical effect for the marketers to attract new customers. What they do? They begin advertising no spread. But it is going to cost you *only* $0.6 for every $1,000 traded. Wow, no spread and only 6 cents for every K traded? That is sooooo great! I'm sooo dashing up to open an account with them

    I'm getting tired of all of this. It is like a bicycle And I'm not going to insist on the fact that $.6 for every K is not any more, no less than 6 pips. You go trade with 6 pips! Or better yet, send your enemies to do it

    Peace!
    Just checked their site:--RRB-. These rules apply to get their new trading platform just.
    I'd say these men just trying to redefine a brand new way to trade FX. Thus, we will see what we will see.
    Of course it is more expensive but instantaneous commission refund on non-profitable trades and ability to buy or sell in the exact same price sounds really interesting for me.

    Cheers

  5. #5
    It is $ 0.60 so 60 cents for each $ 1000 traded rather than 6 cents for each $ 1000. Fairly expensive at $ 60.00 commission per standard lot but only advantage is zero disperse and they repay commission should you shut standing at a reduction. So you can imagine it as insurance.

  6. #6
    Quote Originally Posted by ;
    It's $ 0.60 therefore 60 cents for each $ 1000 traded rather than 6 cents for each $ 1000. Quite pricey at $ 60.00 commission per regular lot but only advantage is not any disperse and they repay commission should you close place at a loss. That means you can imagine it as little insurance.
    There is not any fucking advatange they are charging you $60.00 per standard lot that's more then any disperse with commission broker I every seen, what a fucking joke. They also say 0.60 each 1,000 is that each enrty and near or round turn, if per enrty and shut then that is a bigger rip off, I instead pay a spread, you gots to be kidding me, oh can not forget there new platform is base on ipod. Guy im laughing my ass off.

  7. #7
    Quote Originally Posted by ;
    there is no fucking advatange they're charging you $60.00 per standard lot that's more then any disperse with commission broker I every seen, what a fucking joke. Also they say 0.60 per 1,000 is that per enrty and near or around turn, if a enrty and shut then that is a bigger rip off, I rather pay a spread, you gots to be kidding me, oh can not forget there new platform is foundation on ipod. Guy im laughing my ass off.
    That is from there website about there new platform.

    ExpressFX holds the Identical philosophy supporting the Apple IPod. They value simplicity, an intuitive interface, and they revolutionize the way people listen to audio and transaction Forex.

    :amazed

  8. #8
    Some broker's have taken retail traders to become stupid and fool , witch one are you?

  9. #9
    Quote Originally Posted by ;
    this is out there site about there new platform.

    ExpressFX holds exactly the same philosophy supporting the Apple IPod. They both appreciate simplicity, an intuitive interface, and they revolutionize how people listen to audio and trade Forex.

    :amazed
    I know everything there hoping to say regarding the simplicictiy of there platform and ipod, im dealing with real cash you think I need my own broker talking about ipod.

  10. #10
    Quote Originally Posted by ;
    I know everything there trying to say regarding the simplicictiy of the platform and ipod, im coping with real cash you think I want my broker speaking about ipod.
    I surely don't want them speaking about ipods. And $60 is a high price to pay, but why instruct the sheeple? If they wish to get sucked into marketing hype, let them.

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