What's new

Commission Fees Spread

Wagscd

New Member
Hello to all of you,

I've been trading crypto for a few years, mainly in scalping. It works pretty well for me since I've been living from trading for almost 5 years.

I've been interested in Forex for a few months now and I've been reading a lot.

I created a demo account and it works well too, nice gains (of course a little false since it does not take into account the fees)

I want to move to a real account but I have some questions about fees, ...
I have contacted a few brokers but I have the impression that the answer is not complete.

I have contacted blueberrymarkets and they tell me that they charge $7 per $100,000 of position. Is this correct?
Regarding the spread, I could not get a clear answer from them.
Do I have to pay the spread in addition to the $7 per $100,000?

Is there a difference in fees (more expensive or cheaper) if I take a market position?

Do all brokers work the same way?

Which one do you recommend to start? I would like to put 1.000$ and possibility of leverage 50 or 100. I trade in crypto with leverage 50.

Thank you in advance for your answers.
 
the spread is the price difference between BID Price and ASK price. it think it differs from brother to brother..
 

Create an account or login to comment

You must be a member in order to leave a comment

Create account

Create an account on our community. It's easy!

Log in

Already have an account? Log in here.

Similar threads

Users Who Are Viewing This Thread (Total: 1, Members: 0, Guests: 1)

Top
AdBlock Detected

We get it, advertisements are annoying!

Sure, ad-blocking software does a great job at blocking ads, but it also blocks useful features of our website. For the best site experience please disable your AdBlocker.

I've Disabled AdBlock    No Thanks