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Forex Commission Based Broker


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  #1 (permalink)
 vinceb 
Buffalo NY
 
Experience: Intermediate
Platform: Ninja, Tradestation
Broker: Glocapmarkets
Trading: FDAX,FOREX,GOLD,NQ,CL
Posts: 35 since Dec 2009
Thanks Given: 8
Thanks Received: 10

Does anyone know if a broker for the forex that charges a commission for every trade instead of having them add extra to the spread? The only one I know of is MB. Any others that everyone may use or know about?

Thanks for any help.

VinceB


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  #2 (permalink)
 
DavidHP's Avatar
 DavidHP 
Isla Mujeres, MX
Legendary Market Wizard
 
Experience: Advanced
Platform: NinjaTrader
Broker: Ninjatrader / Optimus Futures / AmpFutures
Trading: NQ / ES / 6E / 6B / CL
Frequency: Every few days
Duration: Minutes
Posts: 1,816 since Aug 2009
Thanks Given: 11,765
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Interactive Brokers is one.

Here is a comparision link
https://www.forex-learning-site.com/forex-broker-comparison-reviews.php?metatrader=yes


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  #3 (permalink)
 tradersink 
Ware, MA
 
Experience: Advanced
Platform: Ninjatrader, Tradingview
Broker: Ninjatrader
Frequency: Daily
Duration: Minutes
Posts: 21 since Aug 2009
Thanks Given: 0
Thanks Received: 11


Tradestation has a commission as well. But keep in mind that with brokers that charge commission there is still a bid and ask, which sometimes may have a spread that is the same as if you paid the spread, but now your technically paying the spread and a commission.


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  #4 (permalink)
 vinceb 
Buffalo NY
 
Experience: Intermediate
Platform: Ninja, Tradestation
Broker: Glocapmarkets
Trading: FDAX,FOREX,GOLD,NQ,CL
Posts: 35 since Dec 2009
Thanks Given: 8
Thanks Received: 10

you are correct there. some still have a 2 pip spread anyway. in really liking the forex. finding the best place to trade through can be tricky.


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  #5 (permalink)
 marotom 
hungary
 
Experience: Beginner
Platform: NinjaTrader
Posts: 14 since Jul 2009
Thanks Given: 9
Thanks Received: 6

Hello,

thanks for the comparision link. which could you recommend amoung them? what about Gain capital? do you have information about it? is it reliable in your opinion?
thanks


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  #6 (permalink)
 
jinhar's Avatar
 jinhar 
mumbai maharashtra/india
 
Experience: Beginner
Platform: Ninja
Trading: Crue/Tf
Posts: 287 since Jun 2009
Thanks Given: 23
Thanks Received: 766

There are many out there ... this are the ones that just popped up in my mind .. Hope it helps

Interactive Broker
Atcbroker
LondoncapitalGroup
Pfg Currenex Platform
aarontrade
Fxcm Active traders platform
Dukascopy
vcapfx

Best Regards
Jinhar


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  #7 (permalink)
 marotom 
hungary
 
Experience: Beginner
Platform: NinjaTrader
Posts: 14 since Jul 2009
Thanks Given: 9
Thanks Received: 6

thanks for your collection. I'll see to them. but not all of them have connectivity to NinjaTrader.

Tamás


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  #8 (permalink)
 
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 sam028 
Site Moderator
 
Posts: 3,758 since Jun 2009
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marotom View Post
thanks for your collection. I'll see to them. but not all of them have connectivity to NinjaTrader.

Tamás


Are you sure ???
I don't think so, check here.


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  #9 (permalink)
 marotom 
hungary
 
Experience: Beginner
Platform: NinjaTrader
Posts: 14 since Jul 2009
Thanks Given: 9
Thanks Received: 6

oh yes... I'see. from the list I've found: pfg, and Interactive Broker. if I am not mistaken.

thanks.


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  #10 (permalink)
EuroTrader
london
 
Posts: 5 since May 2010
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Thanks Received: 0


Check out MIG the spread is much better then most.


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Last Updated on October 26, 2010


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