I'm thinking of switching over, they say "no spreads" but the commission is .40 per $1,000 lot.... I usually trade 4 lots about 400:1 leverage, I'm awful at math what is the total commission if I buy and sell?? thanks guys
public school math product...im confused...if I do 400:1 on 4 lots is............ Standard lot size is 100,000 x 400 leverage = 400,000 x 4 lots = 1,600,000 divided by 1,000 x .40 = $640 commission (16 pip spread LMAO)? does this sound right?