I very much appreciate your feedback on both brokers.
I'll make appropriate updates on pages.
Thank you and happy holidays!
ForInvest Group
December 31, 2009
ForInvest Group (www.forinvests.net)
EURUSD Spread: 1 pip(fixed)
Commission: No
BrokerGuru
January 2, 2010
Thank you!
trader
January 7, 2010
ibfx has 2pips on eur and not 1pip please do change it
BrokerGuru
January 9, 2010
Thank you, but IBFX spreads are variable and as low as 1 pip, although in live trading you're probably right about it: spreads can reach 2 pips easily.
trader
January 16, 2010
I have been trading with IBFX for more than a year and so far that "one pip of spread"they are offering is not for real. in every market conditions I have always had 2 pips.
ForInvest Group does have a commission. Here is a quotation from them.
""
Kindly note that we have changed the spread, for all clients,
down to 1 pip on USD Pairs, 5 pips on all other pairs.
We charge only $1 per mini lot, $0.10 per micro lots. Its almost free of
charge commission!
""
BrokerGuru
January 21, 2010
They most likely meant to describe the 1 pip spread: when you open a 10k lot, you pay 1 pip = $1, when you open 1k lot you pay 1 pip = $0.10.
trader
January 22, 2010
please note the expression "Its almost free of charge commission!"
I have therefore asked for clarification.
And here is the response.
""
Please be confirmed that Spread on USD pairs is fixed
to 1 pip only, and there is a comission charged of $1.
So, for a 1 mini lot trade on EURUSD, your cost will be $2 only.
These fees can go down, in near future, but never up.
""
BrokerGuru
January 22, 2010
Thank you, however, we can see that it still doesn't make a difference.
They call it commission, while in reality it is simple 2 pips spread FIXED.
BrokerGuru
December 23, 2009I very much appreciate your feedback on both brokers.
I'll make appropriate updates on pages.
Thank you and happy holidays!
ForInvest Group
December 31, 2009ForInvest Group (www.forinvests.net)
EURUSD Spread: 1 pip(fixed)
Commission: No
BrokerGuru
January 2, 2010Thank you!
trader
January 7, 2010ibfx has 2pips on eur and not 1pip please do change it
BrokerGuru
January 9, 2010Thank you, but IBFX spreads are variable and as low as 1 pip, although in live trading you're probably right about it: spreads can reach 2 pips easily.
trader
January 16, 2010I have been trading with IBFX for more than a year and so far that "one pip of spread"they are offering is not for real. in every market conditions I have always had 2 pips.
BrokerGuru
January 17, 2010Thank you for your feedback!
We list what they claim, while your valuable feedback is now published in broker reviews and discussion area.
http://www.100forexbrokers.com/broker-discussion/ibfx
trader
January 21, 2010ForInvest Group does have a commission. Here is a quotation from them.
""
Kindly note that we have changed the spread, for all clients,
down to 1 pip on USD Pairs, 5 pips on all other pairs.
We charge only $1 per mini lot, $0.10 per micro lots. Its almost free of
charge commission!
""
BrokerGuru
January 21, 2010They most likely meant to describe the 1 pip spread: when you open a 10k lot, you pay 1 pip = $1, when you open 1k lot you pay 1 pip = $0.10.
trader
January 22, 2010please note the expression "Its almost free of charge commission!"
I have therefore asked for clarification.
And here is the response.
""
Please be confirmed that Spread on USD pairs is fixed
to 1 pip only, and there is a comission charged of $1.
So, for a 1 mini lot trade on EURUSD, your cost will be $2 only.
These fees can go down, in near future, but never up.
""
BrokerGuru
January 22, 2010Thank you, however, we can see that it still doesn't make a difference.
They call it commission, while in reality it is simple 2 pips spread FIXED.
This is not an ECN model, no matter what, sorry.
ForInvest
January 23, 2010ForInvest .NET
1 pip spread on all major currency pairs.
AND SMALL COMMISSION
Write your comment or a review!