Trading: broker?
Hey guys, and hey dear traders,
This question is about trading, so it would be better if only people with experience answer π
I have been active as a full-time trader for two years now and would like to change brokers because I have noticed that many new and better brokers have emerged.
Info: I do day trading with a mix of scalping.
So I wanted to ask you which brokers you use and why. You'd probably say, "Just look online," but unfortunately, 95% of all websites are paid for by the brokers, so it's simply impossible to find a good one.
Thank you βΊοΈ
https://www.trading-fuer-anfaenger.de/tradingview-broker/
There are good things to do, there was also a comparison with 20 brokers from the same page, but I can’t find the link anymore:O
I also recommend:
Roboforex (Dutch)
GBE Brokers (Hamburg)
XTB (Frankfurt (I believe) anyway DE)
Traderepublic is nothing for you as a scalper/daytrader as anyone else said.
Exactly the 3 I also had in the screen βΌ
that you have experience
Thanks a lot
Thanks for the star, happy to have helped π
Haha π
Yes I had started with GBE in the demo, but then started with Robo real money and then changed to XTB, but so far I haven’t done it.
I have to let this go through my head again.
Always like it!
Always liked to play
Above all, it depends on what you want to trade.
XTB is very good, but I trade mainly US values, and there cmcmarkets has the best choice, possibly WHselfinvest, whose trading surface is not so good (my opinion)
IB or Lynx also have a very good reputation
https://www.brokervergleich.de/brokerwahl/
most trade I (GOLD, GBPJPY, EURUSD, OIL) and other as long as the spreads are not as high as Solana π₯΄) I chose XTB π
Thank you
Then we are often on the same market π
If you don’t care about the trading place, Trade Republic
The take commission and fees + spreads are very high compared to XTB
XTB takes small to no spreads, no fees and no commission. However, you often hear that there are many better brokers than XTB
Trade Republic is an absolutely bad broker for Scalper/Daytrading. You can’t even act short!
IBKR >> 60+ markets.
It also has a relatively simple API. You can also integrate Quantconnect via API and run strategies automatically (or write something with Python yourself)
How do the spread, fees and communication look?
The website has complete information. API is free for your own use.
Spreads (vertical) $0.65-1$ (2) for shares, indexes about $1.30 Oneway. Assignment is free.
Forex.com for trading with the classic shares.
Trade Republic for Dollar Cost Averaging, so simply buy and hold.
Bybit for Cryptotrading.