Help needed for CFD trading
I’ve been trading Forex and Crypto spot part-time. I'm planning to try CFDs with a small account for learning experience. Based on my research, I've shortlisted FP Markets, Hola Prime Markets, and Exclusive Markets.
Do you guys have any experience with them?
I would like to know if the spreads hold up or if slippage gets nasty during high volatility. Also, any hidden fees or margin I need to be worried about?
ellaharris posted:I’ve been trading Forex and Crypto spot part-time. I'm planning to try CFDs with a small account for learning experience. Based on my research, I've shortlisted FP Markets, Hola Prime Markets, and Exclusive Markets.
Do you guys have any experience with them?
I would like to know if the spreads hold up or if slippage gets nasty during high volatility. Also, any hidden fees or margin I need to be worried about?
I’ve been trading Forex and Crypto spot part-time. I'm planning to try CFDs with a small account for learning experience. Based on my research, I've shortlisted FP Markets, Hola Prime Markets, and Exclusive Markets.
Do you guys have any experience with them?
I would like to know if the spreads hold up or if slippage gets nasty during high volatility. Also, any hidden fees or margin I need to be worried about?
TBH, it's the first time I heard their name
Try Amillex Global
I’d say don’t judge a broker only by the advertised spread. For a small CFD account, I’d pay more attention to the actual execution during news and volatile sessions, including slippage, requotes, commission and overnight costs.
I’ve also been testing Amillex alongside a few other brokers. Their RAW/ECN setup starts from 0 spread with a $7 commission per lot, so it’s fairly easy to compare the real trading cost. MT4/MT5 are supported as well.
If you’re still deciding, I’d suggest opening demos with the brokers you shortlisted first and then comparing the same pair during both normal and high-volatility periods. That usually gives you a much clearer picture than the advertised spreads alone.
