I have come across a forex broker that charges 1 pip fixed on all majors. they have no min account size and unlimited trading, scalpers are welcome and they offer MT4. all the they charge is a $90 monthly fee and this is how they make there money so its so much more honest. what do you all think?
I think it sounds good and i would feel happier trading this way as they have no point in moving my stop loss or any other dirty tricks as i have already paid them!
Thats not sounding very good. Unless you are a mad scalper that way higher transaction costs than I am paying now
if you are trading a standard lot you make the $90 back after 9 trades, i take it you trade a mini lots?
What forex broker is this?
What look good for you might not be good for someone else.
Yes this would be a good setup if you are using standard lots… If you need a forum to help you with that decision you probably should not be trading standard size lots though…