Hi, I’m looking for a broker that will work for high frequency trading. In other words, one that will allow it, has some sort of programmable platform and doesn’t charge per trade (like you pay interest or a monthly fee instead).
I have been using lite forex for a little while now. And if your trade is profitable they will rebate you 1.5 pips on on a two pip spread so that equates to 1/2 pip spread if your trade is profitable. They do this for up to one mini lot per trade on their lite forex account. ($15 rebate max)
Not the fastest platform but I have been very profitable these past few weeks.
I was trying to set up an account with Lightspeed, but I was told they can’t help me because I’m Canadian. Can someone give me some ideas for some different brokerages which can help me? I’m living in Germany now, if that makes a difference. I would think it would because as soon as I’m a non resident of Canada, I don’t have a tax obligation to them. Thanks.
you can never get 0 in the hole, you allways have the spread
you are buying at the bid and selling at ask
you should try a STP broker, FXCM is one of them
they don’t have commision, only spread