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Never got this... People say commission based accounts are better than spread accounts for Scalpers & EA traders? if a broker charged 1 pip spread + $10 Commission (round) is this the same as them charging 2 pips spread with no commission??? Someone please help..
last post here was 7 yrs ago...
but here you go.
say your fixed spread broker asks 1.2 pips on majors.
what is a spread+ commission costs nowadays on majors?
approx. 0.2 pips+5$ ...or about 0.7 pips total.
when you get to minor or exotic pairs, the difference just grows larger.
say GBPJPY
fixed spread brokers usually has 4-6 pips cost.
spread + commission approx. 1.5 pips + 5$...or about total 2pips.
hope you getting the point
there is always, always another trade!!