Hi (please be patient....my english is very little!)
I was just wondering if someone of you has better EURUSD conditions than mine.
With my Tickmill account (ECN account with very good execution) I pay only 0.5ish pip total cost (spread + commissions)
And it is not a special condition but all of you can obtain it.
Before open the account I have used this site http://www.100forexrebates.com/ that make a Forex Rebate Comparison.
In the Tickmill page http://www.100forexrebates.com/brokers/tickmill I have chosen FxRebateClub because it has absolutely better conditions.
In its web site http://fxrebateclub.com/brokers/tickmill you can view the conditions.
Normally Tickmill charge 20 per million per side that is 2 per standard lot....4 round turn.
But using FxRebateClub like Introducing Broker you will have a 5% immediately and you will pay 3.8 and not 4....and at and of the trading month you will have a rebate of 1.6$ per standard lot.
In case of EURUSD 3.8 are Euros that are 4.2$ ish.....so at the end you will pay 4.2$ - 1.6$ rebate = 2.6$ round turn commission...that is 0.25ish(1/4) EURUSD standard lot pip value.
Tickmill average EURUSD spread is 0.2/0.3...so total cost is :average spread 0.25 + 0.25ish commission = 0.5ish pip total cost.
For what I know this is the best offer in the market nowadays.
The problem is that Tickmill is an off-shore broker (Seychelles regulated) and I don't want to deposit too much money in it.
So...is there anyone that has similar (or even better) condition on EURUSD with a different broker (better if it is not off-shore)?
Thank you in advance?
I was just wondering if someone of you has better EURUSD conditions than mine.
With my Tickmill account (ECN account with very good execution) I pay only 0.5ish pip total cost (spread + commissions)
And it is not a special condition but all of you can obtain it.
Before open the account I have used this site http://www.100forexrebates.com/ that make a Forex Rebate Comparison.
In the Tickmill page http://www.100forexrebates.com/brokers/tickmill I have chosen FxRebateClub because it has absolutely better conditions.
In its web site http://fxrebateclub.com/brokers/tickmill you can view the conditions.
Normally Tickmill charge 20 per million per side that is 2 per standard lot....4 round turn.
But using FxRebateClub like Introducing Broker you will have a 5% immediately and you will pay 3.8 and not 4....and at and of the trading month you will have a rebate of 1.6$ per standard lot.
In case of EURUSD 3.8 are Euros that are 4.2$ ish.....so at the end you will pay 4.2$ - 1.6$ rebate = 2.6$ round turn commission...that is 0.25ish(1/4) EURUSD standard lot pip value.
Tickmill average EURUSD spread is 0.2/0.3...so total cost is :average spread 0.25 + 0.25ish commission = 0.5ish pip total cost.
For what I know this is the best offer in the market nowadays.
The problem is that Tickmill is an off-shore broker (Seychelles regulated) and I don't want to deposit too much money in it.
So...is there anyone that has similar (or even better) condition on EURUSD with a different broker (better if it is not off-shore)?
Thank you in advance?