All,
Don't know if I should ask it here on in some other thread but given the fact that this one of the most active I am posting my query here.
I demo trade with Fxcentral. They charge commission of $24 for 1 standard lot.
Is it the norm with all brokers in Live trading too?
$24 means a dent of 2.4 pips plus spread of 1-5 pips so we are down 3-7 pips the moment we take a trade. Am I assessing it correct?
Looking forward to replies.
Thanks,
Sanjoy
Don't know if I should ask it here on in some other thread but given the fact that this one of the most active I am posting my query here.
I demo trade with Fxcentral. They charge commission of $24 for 1 standard lot.
Is it the norm with all brokers in Live trading too?
$24 means a dent of 2.4 pips plus spread of 1-5 pips so we are down 3-7 pips the moment we take a trade. Am I assessing it correct?
Looking forward to replies.
Thanks,
Sanjoy