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Leadcapital Markets - TRADE.com

Discussion in 'Broker Discussion' started by Andy, Jun 21, 2018.

  1. Gravelwood

    Gravelwood

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    It turns out that the IPO starts at $500,000...
    I don't think I can let that happen...
    Even sadly a little, I've already imagined investing money...
     
  2. Rageskin

    Rageskin

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    Sry, for offtoping, but what do you know about DMA. I think about trying it, but has it real benefits?
     
  3. Adowyn

    Adowyn

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    Also thought about DMA. The main difference - DMA starts at $5,000, while Standard acc can be opened for $100. The difference is that for DMA - broker has agreements dirtectly with liquidity providers, while for ECN it has connection to the liquidity aggregator-company (that creates liquidity pools). DMA is usually harder to get it, only the best brokers can afford it (and those who aims at traders with a lot of money, many brokers that aims at beginners, don't offer DMA, as it's unneeded for beginners). If you have enough money, I suggest you to switch to DMA - also, ask there if you're interesting in something, I'll try to explain.
     
  4. Rageskin

    Rageskin

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    Hey, can somebody answer me, I'd really appreciate :)
     
  5. Gravelwood

    Gravelwood

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    Pardon, but what exactly are you interested in?
     
  6. Rageskin

    Rageskin

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    In DMA - Trade.com offers (seems to be offering), DMA account access:
    1. What do you know about DMA?
    2. What's its advantages?
    3. Is it worth it?
     
  7. Gravelwood

    Gravelwood

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    Okey, that's what I know, I may be wrong ofc.
    DMA is the best access type, as broker get quotes directly from liquidity provider (ECN is when broker take quotes from an ECN pull), but DMA is hard for brokerage to obtain, as it requires an agreement with liquidity provoider. In the Web people draw the following pros - lower spreads and direct acess to the market, in ECN there is small operation lag. As I understand DMA is according to principle Best Bid- Best Ask. DMA also has no requotes and spreads are the lowest possible.
    Of course it worth, but in Trade.com it starts at $5,000. In other brokers (I take in account only reliable ones) it's around $10,000-$20,000 to start DMA trading. Seems Trade.com has the lowest requirement. So if you can afford - c'mon.
     
  8. Rageskin

    Rageskin

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    I decided to try CFD first, cause DMA is too expensive and I don't want to take high risk. Hope I will succeed with trading.
    By the way, what's ok ROI per month (in percents)?
     
  9. Adowyn

    Adowyn

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    There's no 'ok roi' per month/per quater/per year. The main indicator is that you should have stable income. The okay ROI, if you want numbers can be 5% month, good 10% and perfect 15-20%. However, you should ylook further than 1-2 months ahead. The main thing is that you don't have months when you have serious losses. In one month you can earn 30%, and in the second month you can lose 10% of your deposit. A good trader has stability and planning.
     
  10. Rageskin

    Rageskin

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    Thanks all for replies
    I'll be honest - it's hard to understand how to trade correctly. At least, Trade.com has so much diffreent services and I can't understand which one should I try and which one are useless. I have some money I want to invest, but I don't know is trading a right place
     
  11. Gravelwood

    Gravelwood

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    It's easier than you think. As for profitability, you've already been answered, even if at the end of the month you have made 5%, it will already be a success. A professional trader told me that the most important thing is not the % of profit, and that you do not have a loss. If you are chasing profits - then you will make a thoughtless decision.
    I would like to try the Thematic Portfolio, but I can't find the time. I think that's good theme to invest money.
    By the way, it's good that you invested money in trading, much better than making a bank deposit, money should make money.
     
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