Oh my gosh, it is too incomprehensible to understand what account is more beneficial for trading, could you recommend which one i should choose?
Asked by Onofre J. on 11/6/2024
1 Answer
Fernando O.11/24/2024
Huh, it depends on what assets you trade and on your trading level. If I am not mistaken, fxcess provides both standard floating and ecn accounts. The first type doesn`t require any commission, broker just charges you the asset`s spreads that suits, if you trade high volume and low volatile assets, such as forex majors and some metals. As for second one, you require to pay broker's commission that is fortunately fixed, meaning you pay per order, regardless how volatile the market, the amount is always the same. So, you decide what fits you best
Add your answer
Click to upload/insert
or drag & drop