Which Forex broker offer low commissions?

2Paul. Can you recommend good Forex broker?

Hey Eugene,

You need to be a little careful on this one. Most Forex brokers do not charge a "commission" instead they charge what is called a "spread". You will notice that when you look at a currency pair's price you will see a bid price and an ask price. The difference between the two is the spread. That is what you will be charged when you enter your position. The good news is that this is only charged on the entry of your trade....there is no charge on the exit.

Some brokers advertise extremely low spreads ........ although this is true, they instead charge a commission. This commission is fairly low but it is charged on your entry AND on your exit.

I guess if you are going to be trading quite frequently during the course of a day the spreads (or commissions) can be a major concern. Those of us that enter long term trades that last weeks or months are less concerned about the small differences in spread costs.

Paul

Here is an excellent forex broker:
http://www.easy-forex.com/Gateway.aspx?g...

Hi,

I could introduce you to one of forex broker leaders who are located in SWITZERLAND.
They don't collect comission. They earn from spreads and they have very tight spreads. Total 25 currency pairs, Gold and Silver.
SPREADS:
2 pips for EURUSD, USDJPY, AUDUSD, EURGBP, EURCHF;
3 pips for GBPUSD, USDCHF, USDCAD, EURJPY;
4 pips for CADJPY, CHFJPY;
5 pips for NZDUSD, AUDJPY;
6 pips for EURAUD, GBPCHF, NZDJPY;
7 pips for EURCAD, GBPJPY;
8 pips for GBPCAD, GBPAUD, AUDCHF, CADCHF, NZDCHF;
10 pips for AUDCAD, AUDNZD.

LEVERAGE 1:200 default but client could chose the leverage from 1:1 to 1:200 at the account opening procedure.

MARGINS. The margin or leverage a client can have depends on the client's account equity. The table below shows margin requirements for the different equity levels:
Less than 25,000 - 0.5%
25,000 to 1,000,000 - 1%
1,000,000 to 5,000,000 - 2%
5,000,000 to 10,000,000 - 3%
Above 10,000,000 - 5%
Please note that on weekends and holidays margin requirements remains the same.

SWAPS are counted as negative as positive. Also is available swap-free accounts.

STOP and LIMIT orders may be placed as close as 5 fips from market price

TRADING TERMINAL Meta Trader 4.

Clients can choose to have their accounts denominated in either USD, EUR, GBP, JPY, CHF, AUD or CAD.

Initial account opening deposit from US$2000. From first view it probably looks high comparing with other brokers who allow mini accounts and minimum initial deposit from USD250 but it is more useful and safer because clients are more protected from quick stop out and total loss of the initial deposit in the case if unfortunately it would be several unlucky trades in rage.
This is regular forex trading account however it is allowed trading in mini lots (from 0.1 lot).

If you are interesting I could introduce you to them please e-mail or PM me (press on my name) and I provide you with further information. Furthermore I could provide you for FREE with more than 50 trading e-books and trading systems that worth more than several thousand dollars and are very useful as for beginners as for experienced traders.

Good luck!
VP