Support and Resistance Trading Forum

Re: 4X signals service that works very well 4 me b
By:Erich (vendor, CTA)
Date: 4/22/2009, 2:00 am
In Response To: Re: 4X signals service that works very well 4 me b (Erich (vendor, CTA))

Ooops! Almost forgot the most important part: what are the commissions!

Yes, I know Forex is "free", but they might be tweaking the spread to give themselves a couple of extra bucks over what you might get if you did the trade yourself.

As an aside, while you don't pay "commissions" in Forex trades, the pip spread often makes the Forex much more expensive than futures. Forex spreads can run $40+ whereas you can get (some) futures trades to run less than $5 round turn! This means that forex trades require larger profit targets/bigger moves to make them worthwhile. If the service you're considering has exorbitant spreads, it'll be that much more difficult for you to make a profit - but you're broker might not be doing too badly.

FYI,

Erich

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