IB TWS Forex commission question...

Discussion in 'Interactive Brokers' started by heispark, Jan 22, 2018.

  1. heispark

    heispark

    Ok, fair enough. "Minimum for Order" is 'provision of toxin'. I wasn't familiar with this, because it never happens in Forex brokers. Ok, then I don't find any reason to trade Forex with IB. I will stick to Dukascopy...
     
    #11     Jan 22, 2018
  2. cvds16

    cvds16

    Been there done that ... tickmill is better ...
     
    #12     Jan 22, 2018
  3. it is simple - IB's quotes are often are fractions of a pip. You can't just look at commissions. IB charges 0.2 pips or a minimum of $2. If your size is >= US$100,000 than the $2 then the minimum doesn't matter. The main point is your spread though. For years many ill informed (and still do) go to brokers with "zero commission" thinking they are getting a good deal while all the while of being front run and paying a 3+ pip spread.
     
    #13     Jan 22, 2018
    Xela, rb7, heispark and 1 other person like this.
  4. heispark

    heispark

    I never trade with loosely regulated brokers in tax heaven.... Tickmill is one of them.
     
    #14     Jan 22, 2018
  5. cvds16

    cvds16

    Tickmill is registred in UK; get your information right !
     
    #15     Jan 22, 2018
    heispark likes this.
  6. heispark

    heispark

    Oh, my bad...... :confused:
    2018-01-22_23-04-29.png
     
    #16     Jan 22, 2018