However, the next account in the system, the Gold one, offers a superb 1.5 pip spread, however, users will have to deposit a minimum of $ for it. The real-time news feed with important financial and corporate news is built into the platform. This way you can follow the important news directly from the terminal or the mobile application, without having to open another window or application. Built-in real-time news is a great convenience, especially if your trading strategy is based on fundamental analysis. Another important thing is that you will never lose more than you have in your account.
Moreover, the most used risk-management tool – stop loss orders are guaranteed. This means that they will be executed at your requested price, regardless of the market volatility. – The minimum required deposit is USD25,000 and the spreads for the major currency pairs start from 0.9 pips. In addition to the features of the gold account, https://www.forextime.com/education/forex-trading-for-beginners here you will get a technical and fundamental analysis. Usually, brokerage companies derive their profit from the fees they collect. The common fees include spreads, swaps, and rollovers. If you do not open new positions or make a deposit within 30 days, the company may charge an inactivity fee of 1% per day of your account balance.
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The minimum value of the spread for the DAX index is 4.4 points and for the DJIA index it is 10.5 points. Here we will present the important things from our study of the legal section. We reviewed the Order Execution Policy files and found a clause about slippage. When you use market execution mode, which is the default mode, and the price has changed during the order fulfillment, it will be executed at the next available market price. We also found out that stop loss orders are not subject to slippage. They always will be executed at the requested price for no additional costs – the companies cover the difference due to the slippage. This means that stop loss orders are guaranteed, at no extra cost.
Active orders, history of trades and current strategies can be displayed in the corresponding tabs. In fact, we https://www.forextime.com/education/forex-trading-for-beginners could not find the name of any company that could represent the icmbrokers.com website, so we cannot say for…
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Shares – Over 400 CFDs on shares of global companies are available for trading. Please note that there is a commission, and you will be charged EUR2 per transaction, regardless of the amount traded. Forex – More than currency pairs can be traded, including exotic ones.
- Withdrawal fees for each method of payment are covered by customers.
- When using WikiFX products, users should consciously abide by the relevant laws and regulations of the country and region where they are located.
- My recent experience is positive, I mean that I like using the platform.
- Spreads that are worth seeing, quick order execution and fair prices at all market conditions.
The server operator Almina Corp as is not a registered broker, investment advisor or broker. Dotbig is authorized and regulated by the Vanuatu Financial Service Commission . Dotbig is authorized and regulated by the Financial supervision Commission . WikiFX Internet and its mobile products are an enterprise information searching tool for global users. When using WikiFX products, users should consciously abide by the relevant laws and regulations of the country and region where they are located. Companies can ask for reviews via automatic invitations. Labeled Verified, they’re about genuine experiences.