Commission
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Hi. I know nobody is allowed to give me a specific recommendation but are there any Forex brokers who charge commission based on the value of the completed trade rather than as a percentage of the lot size?
As the lot size is the value of the trade, isn't it the same thing?
As the lot size is the value of the trade, isn't it the same thing?
A number of off topic posts have been removed.
I seriously doubt whether any broker would reduce the commission if your trade loses.
A number of off topic posts have been removed.
I seriously doubt whether any broker would reduce the commission if your trade loses.
You are totally misunderstanding my point. I'm asking about commission based on trade size (win or lose) rather than initial stake. Put simply if I win or lose £100 I would pay a lot more than if I win or lose £1. Do you get it?
No, commissions are lot size based and not profit/loss based.
Recently some brokers introduced subscription based commissions, but even so they also charge spread, so you will end up with similar charges.
You are totally misunderstanding my point. I'm asking about commission based on trade size (win or lose) rather than initial stake. Put simply if I win or lose £100 I would pay a lot more than if I win or lose £1. Do you get it?
I didn't misunderstand, you didn't explain your point properly.
I didn't misunderstand, you didn't explain your point properly.
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