hey there bashar, what happened with your trading as a provider?
no more comments to us the followers…
hi buddy…
am newbie to babypips and i live in dubai…i guess you are follower of Zulutrade…i juss want to some details about the broker you follow on zulutrade?..hope you can help me in this regard
You need to see the slippage of all the brokers providing zulutrade. Then choose that broker having the least slippage because this is all what makes a difference when we follow someone.
In this case AAAFX should be the best broker. But be Careful they charge you a cash-out fee of $25 (€25, ¥2,500, $25 AUD, £16 und CHF 25) I use FXCM myself. The slippage is definitely higher, but their customer service is awesome.
The above statement is a scam. AAAfx does not charge extra on either manual trading or autotrading (with zulutrade) what you see is what you get. Spreads only!
Hi Does this withdrawal fees compare to FXCM higher slippage which are more benefit?
Depends on how much money you have. If you have a small account then the $25 withdrawal fee can really lock you in.
So does this means it’s better to have a broker like FXCM. Since im going to trade using either a micro or mini account.
Also i notice there are some catch on withdraw compare FXCM and AAAFx as for AAAFx seems each Deposit transaction either using Credit Card or Debit Card there is a small fees of % per transaction i guess even there are not implement any commission upon each trade the service fees also something to look into.
So if you sign up for this service you can use other trader’s strategies? I noticed some are EAs, do you have to pay to use these strategies? Because it says you can receive commission if someone uses your strategy.
you cant compare both. one thing is a slippage, another ‘money handling’ fees, so to say. the first is standard and in combination of commissions per trade/per pair …there can be a lot of high money charged to a transaction lot. But i have no experience with fxcm only alpari. So, can’t compare there. Usually money handling fees are standard across the institutions, so my guess is you can find them everywhere more or less…its like the courier services - charges vary, but still there.
[QUOTE=“EDDY MO;498687”]
you cant compare both. one thing is a slippage, another ‘money handling’ fees, so to say. the first is standard and in combination of commissions per trade/per pair …there can be a lot of high money charged to a transaction lot. But i have no experience with fxcm only alpari. So, can’t compare there. Usually money handling fees are standard across the institutions, so my guess is you can find them everywhere more or less…its like the courier services - charges vary, but still there.[/QUOTE]
Hi eddy since ur quite pioneer here. May you be helpful by evaluate on both which r much better for small and large amount of investment.
I think for smaller accounts AAAFX could be the better choice. But if you would like to invest $25.000 or more you can get some special deals with the most brokers. (e.g. lower spreads).
aBaxs, you are talking about institutional accounts here…im sure there will be different terms then.
I am actually skeptic to find other brokers that will give you something better - who are you referring to actually?
Yes Iam talking about institutional accounts.
AAAFX offers the lowest spreads, because ZuluTrade and AAAFX are Partner. This simply means ZuluTrade earn much more money with AAAFX clients compared to any other forex broker. With any other Broker they have to share their revenue and there are depending on them. Therefore ZuluTrade business model is that new clients should use AAAFX broker.
At the beginning i was sceptical about AAAFX, but I think they do a great job. I think AAAfx started slow but are improving fast. In the early times ZuluTrade looks like a scam to me too, but now I use their service and could recommend it. Overall I would start ZuluTrade with an AAAFX account, if you use this account only for Social Trading at ZuluTrade.
ABAx, what you are saying is a bit wrong, you’ve got the things mixed up.
Aaafx offers low spread due to its liquidity provider and this is not zulutrade, as zulutrade is just a platform in the category of an Introducing Broker, that only offers the brigde - the connections of signals among the brokers back and forth from SPs to the followers - not money management. What aaafx get with their cooperation/integration with zulutrade is the lack of commission to use the platform, which you can see can get quite a big range. About the revenue, cant really say who earns more money with whom/what as this is really not part of my interest - I really do not care how the compensations on B2B level goes- this is really not the scope of my trading there.
AAAfx is a good EU broker and it really offers competitive trading conditions it is obvious and from the spreads and from the way charges are done. Of course there are many big brokers that one can use zulturade with - market makers and all. There is always a trade off - you get an extra commission for the use of alpari’s system.
Zulutrade and aaafx are a good combination, imo, and if used with a little bit proper account management, one can make some really sweet returns.
[QUOTE=“EDDY MO;499503”]ABAx, what you are saying is a bit wrong, you’ve got the things mixed up.
Aaafx offers low spread due to its liquidity provider and this is not zulutrade, as zulutrade is just a platform in the category of an Introducing Broker, that only offers the brigde - the connections of signals among the brokers back and forth from SPs to the followers - not money management. What aaafx get with their cooperation/integration with zulutrade is the lack of commission to use the platform, which you can see can get quite a big range. About the revenue, cant really say who earns more money with whom/what as this is really not part of my interest - I really do not care how the compensations on B2B level goes- this is really not the scope of my trading there.
AAAfx is a good EU broker and it really offers competitive trading conditions it is obvious and from the spreads and from the way charges are done. Of course there are many big brokers that one can use zulturade with - market makers and all. There is always a trade off - you get an extra commission for the use of alpari’s system.
Zulutrade and aaafx are a good combination, imo, and if used with a little bit proper account management, one can make some really sweet returns.[/QUOTE]
Actually I’m really confuse bout this slippage thing.
I see no reason to be confused, really. You want to follow a trader you check the slippage graph, simple as that, It is all indicative and really not always as slippage doesnt occur all the time. But at least when it happens with me , i know i will be fully refunded with aaafx. Check it not, there is really no other broker that does this.
[QUOTE=“EDDY MO;499564”]I see no reason to be confused, really. You want to follow a trader you check the slippage graph, simple as that, It is all indicative and really not always as slippage doesnt occur all the time. But at least when it happens with me , i know i will be fully refunded with aaafx. Check it not, there is really no other broker that does this.[/QUOTE]
Thanks eddy for all this.
Today my signals nearly blow my demo account. I’m not sure what happen. I had a stop for 99pips but it fall out of 1000pips still going. I’m not sure what’s went wrong there. I did a manual stop all trading at the end.
The signal open 10 trade all fall over 100+pips.
feins,
doenst really make sense ~~
who are you following? you sure you put the custom stop losses?? sounds pretty wierd …i think would be better to upload a screenshot…