Quote:
Originally Posted by chachoy  |
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FOREX platforms come in many shapes and sizes, with and without charts and with varying pip spreads and often the cards are stacked against the trader, especially the newb.
do they offer FULL pip amounts, such as 1.2356 or do they round that to 1.23 or even 1.24, in which case its VERY hard to flip the currency because theyve taken away all your profit and given it to themselves.
THAT is one of the most impt things you need to look for --- how many pips are available for you to trade ?
so, how many pips does this company take for comission and what and how computed are their spreads ? and do they widen the spread during volitle times further making it hard to make profit ?
would love to hear firsthand information !
mp