Beware of brokers offering Zero spread!

NewFX Pulppromotion- Trade with ZERO spread AND ZERO Margin.
Opa!
So you are asking yourself what's wrong with not paying for trading? The answer is simple: everything is wrong. In this cruel and competitive brokers' world - nothing is for free, so if something is offered completely for free you should ask yourself why?
The answer is given by FX Pulp right away: we are the only broker that lets you gamble with your money AND lose more than you invested. Yes that's what ZERO margin means my friends: "we give YOU the opportunity to be left with ZERO money and pay ZERO commission for that opportunity ;)"...
ZERO spread also means that the broker makes money in other ways: FX Pulp to the best of my knowledge is a market maker, therefore it makes money from trader losses as well (nothing wrong with that in general: it's legal everywhere including the US, but that's something you should know).
Not only that, FX Pulp is also limiting the profit you can make: no less than 35 pips and no more than 100 for major currencies, so that means you'll need to leave the position open until you are in that range = more chances to lose it all...
Here's the full "promotion":
The ZERO Account | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Day by day, we all witness growing investor awareness, and more literacy in financial markets, especially in the foreign exchange markets, or what people call the Forex
Forex
Foreign exchange or forex is the act of converting one nation’s currency into another nation’s currency (that possesses a different currency); for example, the converting of British Pounds into US Dollars, and vice versa. The exchange of currencies can be done over a physical counter, such as at a Bureau de Change, or over the internet via broker platforms, where currency speculation takes place, known as forex trading.The foreign exchange market, by its very nature, is the world’s largest tradi
Foreign exchange or forex is the act of converting one nation’s currency into another nation’s currency (that possesses a different currency); for example, the converting of British Pounds into US Dollars, and vice versa. The exchange of currencies can be done over a physical counter, such as at a Bureau de Change, or over the internet via broker platforms, where currency speculation takes place, known as forex trading.The foreign exchange market, by its very nature, is the world’s largest tradi
Read this Term markets, which proved to be one of the broadest, biggest and most profitable markets there is. That is why FXPULP, and since its inception, determined to be the pioneer in offering the best and the latest for its clients, wherever they are across the globe.The new revolutionary idea we are putting forth is very simple, ZERO Accounts, yes ZERO:
ZERO Spread,
ZERO Margin Requirements,
ZERO Liquidation,
And ZERO Commissions.
What is ZERO Spread?
Our basic philosophy in zero accounts is to reduce trading costs to the minimum, or shall we say to zero, and the spread was one of the main challenges that FXPULP experts faced. Taking the spreads to 3 pips, 2 or even 1 pip sounds good at first… but how about taking it completely down to zero??!! Yes imagine you are trading FOREX with ZERO SPREADThe main objective from taking the spread to as low as nothing is for you dear investor, enabling you to take advantage from every pip in the market, the profits start from the first pip, you don’t need some points to cover your spreads and others for the commissions, what you get is each and every pip the market gives.
What are ZERO margin requirements?
A margin is an amount held and blocked from your account equity in order to be able to place your trades in the market.Zero margin requirements means that no money will be held and blocked in your account as margin for the trades you place; and you will be able to invest in the financial market even if your account balance is less than what is required to cover your trades as margin. We will provide you with the margin you need to take as much positions as you want; you only have to pay to cover any losses resulting from the given trades, or get paid for the resulted profits.
Normally; investors deposit money in the trading accounts which will be blocked for each trade according to the size, and the required margin, usually determined by the Leverage
Leverage
In financial trading, leverage is a loan supplied by a broker, which facilitates a trader in being able to control a relatively large amount of money with a significantly lesser initial investment. Leverage therefore allows traders to make a much greater return on investment compared to trading without any leverage. Traders seek to make a profit from movements in financial markets, such as stocks and currencies.Trading without any leverage would greatly diminish the potential rewards, so traders
In financial trading, leverage is a loan supplied by a broker, which facilitates a trader in being able to control a relatively large amount of money with a significantly lesser initial investment. Leverage therefore allows traders to make a much greater return on investment compared to trading without any leverage. Traders seek to make a profit from movements in financial markets, such as stocks and currencies.Trading without any leverage would greatly diminish the potential rewards, so traders
Read this Term that the broker offers.
The below table demonstrates the customary required margins:
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NewFX Pulppromotion- Trade with ZERO spread AND ZERO Margin.
Opa!
So you are asking yourself what's wrong with not paying for trading? The answer is simple: everything is wrong. In this cruel and competitive brokers' world - nothing is for free, so if something is offered completely for free you should ask yourself why?
The answer is given by FX Pulp right away: we are the only broker that lets you gamble with your money AND lose more than you invested. Yes that's what ZERO margin means my friends: "we give YOU the opportunity to be left with ZERO money and pay ZERO commission for that opportunity ;)"...
ZERO spread also means that the broker makes money in other ways: FX Pulp to the best of my knowledge is a market maker, therefore it makes money from trader losses as well (nothing wrong with that in general: it's legal everywhere including the US, but that's something you should know).
Not only that, FX Pulp is also limiting the profit you can make: no less than 35 pips and no more than 100 for major currencies, so that means you'll need to leave the position open until you are in that range = more chances to lose it all...
Here's the full "promotion":
The ZERO Account | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Day by day, we all witness growing investor awareness, and more literacy in financial markets, especially in the foreign exchange markets, or what people call the Forex
Forex
Foreign exchange or forex is the act of converting one nation’s currency into another nation’s currency (that possesses a different currency); for example, the converting of British Pounds into US Dollars, and vice versa. The exchange of currencies can be done over a physical counter, such as at a Bureau de Change, or over the internet via broker platforms, where currency speculation takes place, known as forex trading.The foreign exchange market, by its very nature, is the world’s largest tradi
Foreign exchange or forex is the act of converting one nation’s currency into another nation’s currency (that possesses a different currency); for example, the converting of British Pounds into US Dollars, and vice versa. The exchange of currencies can be done over a physical counter, such as at a Bureau de Change, or over the internet via broker platforms, where currency speculation takes place, known as forex trading.The foreign exchange market, by its very nature, is the world’s largest tradi
Read this Term markets, which proved to be one of the broadest, biggest and most profitable markets there is. That is why FXPULP, and since its inception, determined to be the pioneer in offering the best and the latest for its clients, wherever they are across the globe.The new revolutionary idea we are putting forth is very simple, ZERO Accounts, yes ZERO:
ZERO Spread,
ZERO Margin Requirements,
ZERO Liquidation,
And ZERO Commissions.
What is ZERO Spread?
Our basic philosophy in zero accounts is to reduce trading costs to the minimum, or shall we say to zero, and the spread was one of the main challenges that FXPULP experts faced. Taking the spreads to 3 pips, 2 or even 1 pip sounds good at first… but how about taking it completely down to zero??!! Yes imagine you are trading FOREX with ZERO SPREADThe main objective from taking the spread to as low as nothing is for you dear investor, enabling you to take advantage from every pip in the market, the profits start from the first pip, you don’t need some points to cover your spreads and others for the commissions, what you get is each and every pip the market gives.
What are ZERO margin requirements?
A margin is an amount held and blocked from your account equity in order to be able to place your trades in the market.Zero margin requirements means that no money will be held and blocked in your account as margin for the trades you place; and you will be able to invest in the financial market even if your account balance is less than what is required to cover your trades as margin. We will provide you with the margin you need to take as much positions as you want; you only have to pay to cover any losses resulting from the given trades, or get paid for the resulted profits.
Normally; investors deposit money in the trading accounts which will be blocked for each trade according to the size, and the required margin, usually determined by the Leverage
Leverage
In financial trading, leverage is a loan supplied by a broker, which facilitates a trader in being able to control a relatively large amount of money with a significantly lesser initial investment. Leverage therefore allows traders to make a much greater return on investment compared to trading without any leverage. Traders seek to make a profit from movements in financial markets, such as stocks and currencies.Trading without any leverage would greatly diminish the potential rewards, so traders
In financial trading, leverage is a loan supplied by a broker, which facilitates a trader in being able to control a relatively large amount of money with a significantly lesser initial investment. Leverage therefore allows traders to make a much greater return on investment compared to trading without any leverage. Traders seek to make a profit from movements in financial markets, such as stocks and currencies.Trading without any leverage would greatly diminish the potential rewards, so traders
Read this Term that the broker offers.
The below table demonstrates the customary required margins:
|