moonchild
VIP Contributor
As a trader you've got to pay fees, spread, commissions and sometimes even transaction charges, but due to the competition in the brokerage business, some offers commission only with fixed spread while some offers no commission and a flexible spread, brokers comes dime a dozen, depending on your trading style you'll have to pick a broker that'll matches your strength, I believe it's one of the important things to do before you even start trading the markets.
Personally I'm a short term trader and I like trading within the lower time-frames, so I mostly use brokers with no commission and a fixed spread.
What about you? What type of broker do you use and what are the things you look out for before choosing one?
Personally I'm a short term trader and I like trading within the lower time-frames, so I mostly use brokers with no commission and a fixed spread.
What about you? What type of broker do you use and what are the things you look out for before choosing one?