Low cost brokers to use

Check out the CFTC thread on the forum, they are compiling a good list of unregulated ones that are holding up well. Worth at least considering as sometimes the conditions and fees might be better.

Also found this thread with some good details on brokers, List Of Best High Leverage Brokers, could check out.

@cashisking86 That’s cool, tho this thread focus on regulated brokers with low cost that people are looking to sign up with.

Ya I agree that $7 is not that high for commission but if we have other brokers that offer commission less than $7 then why not opt for them?

Fair enough, just thought I’d suggest the alternative since it was titled low cost. All the best.

@carioquy May I ask which regulated broker you used?

If you can use them IC Markets are pretty decent. $6 per lot I think.

On raw spread Hotforex account I get 4$ round turn per lot and an average of 0.1 pip spread on major pairs. Worth to add to the list as well.

Alright, Thanks for the recommendations!

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Just a heads up, aaafx commission fee is $0.99(per $100k) for ECN account which is pretty low.

Actually very low, will check their conditions for sure, thanks mate

Nice list, are all these brokers regulated?

While it is important to use a low-cost broker, one should also keep in mind to trade with a broker that doesn’t manipulate pricing and offers timely withdrawals.

Which broker has the best trading conditions for CFD trading?

Do any of these brokers offer a swap-free account as well?

Thanks for replying, and yes all the brokers mentioned in the list are regulated.

AAAFx and FXTM can be tried for cfd trading. Both offer tight spreads and a low commission. You can start with both of them at just $10.

@kristaperry Most of them do. Tho I am not sure 100%, better get in touch with their respective support so that you can have a better understanding before opening an account with them.

Aximtrade is also decent for cfd trading. Requires deposit of min $1 and commission of just $3 per lot which is quite low compares to other. You can open a cent account with them if you dont want to risk alot of money.

You are welcome. Let me know if you will have more questions or would like to learn more first-hand experience of trading with these brokers.