Category: Forex Trading

When the stock price breaches these price bands, trading in the stock is halted market-wide. All the details are in the NMS Plan to Address Extraordinary Market Volatility PDF. Following an IPO, the security will not begin trading on IEX until the price bands are received from the SIP.

Stock trading halts are temporary suspensions in trading due to sudden and abrupt price movements up to a certain percentage range. In other words, when the price touches those percentage bands, a market halt is triggered. The percentage bands act as circuit breakers that svsfx forex broker review and comparison 2020 temporarily suspend trading in the stock. The price bands, consisting of a Lower and Upper Price Band for each NMS Stock, are calculated by the two SIPs – CTA and Nasdaq UTP. The SIPs calculate upper and lower price bands by applying a formula to a Reference Price, which is the arithmetic mean price of Eligible Reported Transactions over the prior five minute period. The first Reference Price of the day is either the primary market’s opening price or the primary market’s previous day’s closing price/last sale when opening on a quote.

Some Stocks Get Halted on ‘LULD Bands.’ What It Means

These important innovations aim to deliver tangible benefits to market participants, liquidity providers and global investors. To simplify, the “maximum” pause time is 10 minutes, but the primary listing exchange could choose to pause for longer than this. If the primary listing venue does not resume trading after 10 minutes, other trading venues are permitted to start trading in the stock. Note that there are exceptions which are all how to become a cloud engineer detailed in the NMS Plan to Address Extraordinary Market Volatility PDF. You cannot buy on limit up or limit down because trading in the security gets halted as the price reaches the limit bands.

• On May 31, 2012, the Securities and Exchange Commission (SEC) approved, on a pilot basis, a National Market System Plan, known as the Limit Up/Limit Down (“LULD”) Plan, to address extraordinary market volatility.
• Many exchanges across the world have set thresholds – or circuit breakers – for securities and market indices to keep volatility in the market at appropriate levels.
• For example, in the event that a disruption prevents Nasdaq from conducting a closing auction, pursuant to such rules, Nasdaq could designate NYSE Arca to perform that function, and vice versa.
• When the stock price breaches these price bands, trading in the stock is halted market-wide.
• When a Limit State occurs, the SIPs indicate the National Best Bid (Offer) as a Limit State Quotation.
• In April 2011, the Financial Industry Regulatory Authority and national securities exchanges proposed to establish “limit up – limit down” or LULD rules to control extreme market volatility in the U.S stock markets.

The New York Stock Exchange said Monday it was investigating a “technical issue regarding LULD Bands.” That’s a more complicated way of saying there’s too much volatility for some stocks to function. Please consult each Participant market’s trading rules to learn how its order types are treated under the Plan. Limit Order Price Checks reject limit orders that are priced too far away from the prevailing price of the security.

Limit Up-Limit Down

Please note that IEX will not discern between securities subject to the LULD Plan and those not subject to the LULD Plan at this time. Therefore securities not subject to the LULD Plan will remain halted on IEX for the remainder of the trading day if they were first halted and then unhalted during the Regular Market Session. I’ve seen stock volatility halts before, and I thought they were always 5 minutes long. The first GME volatility halt lasted 5 minutes, but the second volatility halt lasted 14 minutes. The protocols for handling a trading pause are established by the exchanges. Then on Feb 25, 2021, GME had 4 volatility halts in the morning, each of which lasted 5 minutes.

In April 2011, the Financial Industry Regulatory Authority and national securities exchanges proposed to establish “limit up – limit down” or LULD rules to control extreme market volatility in the U.S stock markets. When the National Best Bid (Offer) is below (above) the Lower (Upper) Price Band, the SIPs disseminate the National Best Bid (Offer) with an indicator identifying it as unexecutable. Trading immediately enters a Limit State if the National Best Offer (Bid) equals but does not cross the Lower (Upper) Price Band.

What is the SEC limit up – limit down rule?

Exchanges apply trading collars to a range of potential executions, including both auctions and market orders received during the continuous trading day. Market-wide circuit breakers may result in a temporary trading halt, or under extreme circumstances, close the markets before the normal close of the trading session. From global shocks like Coronavirus and oil price fluctuations, market participants must always be prepared for unanticipated volatility. There is a comprehensive range of actions, rules and market mechanisms that aim to prevent extreme price dislocations and temper extraordinary volatility.

Trading Basics

Every security has an upper and lower price band with the reference price as the mid-point. If an offer reaches the lower price band or a bid reaches the upper price band that stock will enter a limit state (a pause) for 15 seconds. Trading collars are parameters that prevent trades from executing outside of a designated price range.

• The price bands, consisting of a Lower and Upper Price Band for each NMS Stock, are calculated by the two SIPs – CTA and Nasdaq UTP.
• If the market does not exit a Limit State within 15 seconds, the Primary Listing Exchange declares a five-minute Trading Pause, which halts trading on all exchanges and off-exchange trading venues where that security is traded.
• The Closing Auction is the last event of the core trading day, and it’s important because it determines the Official Closing Price for each security.
• The New York Stock Exchange said Monday it was investigating a “technical issue regarding LULD Bands.” That’s a more complicated way of saying there’s too much volatility for some stocks to function.
• The first Reference Price of the day is either the primary market’s opening price or the primary market’s previous day’s closing price/last sale when opening on a quote.
• In other words, when the price touches those percentage bands, a market halt is triggered.
• New orders within the price guardrails can bring the stock out of the limit state.

Initial Public Offerings (“IPOs”)

If no eligible trades have occurred in the prior five minutes, the previous Reference Price remains in effect. The Reference Price is updated after 30 seconds only if a new Reference price would be least 1% away from the current Reference Price. Following a market disruption or trading halt on a primary listing market, all U.S listing exchanges have worked together to develop a contingency closing auction procedure to govern an alternate method of establishing an official closing price. For example, in the event that a disruption prevents Nasdaq from conducting a closing auction, pursuant to such rules, Nasdaq could designate NYSE Arca to perform that function, and vice versa. The most frequently-used percentage bands are 5%, 10%, 20%, and $ 0.15 or 75%, whichever is lesser.

During the Pre- and Post-Market Sessions, IEX will resume trading of a security immediately after receipt of either a unhalt message or trading has commenced on the primary listing exchange (without the need to wait for price bands). Limit down and limit up in the futures market Technical analysis in forex are price bands that restrict the prices of futures contracts from moving outside of them. Like stock markets, futures markets also impose these restrictions to keep extreme volatility in prices under check. A limit down restricts price from falling beyond a specific percentage that is determined using a reference price, usually an average of the previous few periods or the previous day’s closing price.

Stop Limit Orders – How to Execute and Why Traders Use Them

When a Limit State occurs, the SIPs indicate the National Best Bid (Offer) as a Limit State Quotation. Trading exits a Limit State if, within 15 seconds of entering the Limit State, all Limit State Quotations are executed or canceled in their entirety. If the market does not exit a Limit State within 15 seconds, the primary listing exchange declares a five-minute Trading Pause. If a security is in a Trading Pause during the last 10 minutes of regular trading hours, the primary listing exchange will not reopen trading and will attempt to execute a closing transaction using its established closing procedures.

Anyway, you`ll face some problems, so you need some external helping hand. I had some technical issues with the platform and reached them out. It was my surprise to know that beside competent and on time answers, the support can speak several other languges. Hey Alice Cox,We are so glad you liked Lime Fx’s platform! We think it’s a great place to start your trading journey, and we hope that you’ll stay with scammed by limefx us for years to come. When you trade CFDs, you can do so by using leverage, which means that traders only need to use a small capital amount to control a much larger position in the market.

Lime Fx is a very inviting platform

However, the platform is quite old, and its rugged design is outclassed by newer and sleeker platforms. Lime Fx is a trade name of Tradeco Limited, which is authorized and regulated by the Seychelles Financial Services Authority (FSA) with license number SD029. Additionally, the Lime Fx group includes Damadah Holding Limited, which is based in Cyprus. We use dedicated people and clever technology to safeguard our platform.

Improve your trading with ourfree forex webinars

All research on various indicators, oscillators, smart robots, and artificial intelligence is conducted separately from our advertising department. Note that withdrawals can be made only using the same method used to fund the account. Here’s a balanced look at the Advantages and disadvantages of trading with the broker.

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You can also use the app to place market, limit, and stop orders, as well as to adjust the exposure of your open trades. My tests indicate that Lime Fx’s trading fees exceed the industry average. Such a full-sized EURUSD position usually costs around $10.

My Key Takeaways After Testing the MetaTrader 4 Platform

While I appreciated Lime Fx for having invested time and energy to develop proprietary research content, such as its highly informative video breakdowns, a notable drawback is the lack of third-party content. The availability of more than one perspective is advantageous to the trader, who can compare the different vantage points. There is also a lack of a news screener, which traders usually use to stay on top of the latest market developments. I appreciated Lime Fx for developing the bulk of its research materials in-house. Its content is diverse and provides a basic explanation of current market trends and developments. However, the broker does not incorporate any third-party content, which is essential for affording its clients an additional perspective.

You should take into consideration several factors, such as whether the account type has a minimum deposit requirement, its spreads and commissions, the execution method, and more. I conducted my test on 18 December at around 9.50 am CET via live chat. I requested additional information about Lime Fx’s execution model, average execution speed, and general trading conditions. An agent connected almost instantaneously to the chat, but they did not introduce themselves.

• We use dedicated people and clever technology to safeguard our platform.
• While leverage enables you to potentially earn bigger profits, it can also incur bigger losses.
• Some features and services may vary depending on where you reside and which entity you open an account with.
• Alongside charts, trading signals and technical indicators that allow automated trading, traders can download MT4 for Android, Windows, iOS, and macOS.
• One of the main topics in Lime Fx reviews is the firm’s account offering.

Lime Fx’s Trading Fees

Lime Fx incorporates the renowned MetaTrader 4 (MT4) platform, which has desktop, web-based, and mobile app versions. MT4 provides a decent range of analytical tools and affords the execution of basic technical analysis, though its charting capabilities are rather cumbersome. The competitiveness of Lime Fx’s fees depends on the asset classes traded.

I opted for the Privilege account because I had enough money for it and conditions seem to be the ultimate ones on it. Spreads are within average values, like for trading gpb/usd they rarely widen more than 3-4 pips during peak hours. I guess it’s okay, you can trade and earn the biggest part of money from the deal.Besides, Metatrader rarely has serious glitches preventing normal trading. Do people use brokers that don’t provide limefx courses scam any sort of value? Well I don’t think so and that wasn’t going to be my case when I decided I was going to use Lime Fx. My expectations are sure damn met and the platform is easy to use and navigate, it’s quite advanced with effective analytical tools.

• At Lime Fx, we are fully committed to transparency, professionalism, and fostering trust in all our interactions.
• The training programs are designed based on tools for traders of all levels, from “beginner to advanced.”
• Please click below if you wish to continue to Lime Fx anyway.
• While I appreciated Lime Fx for having invested time and energy to develop proprietary research content, such as its highly informative video breakdowns, a notable drawback is the lack of third-party content.
• Lime Fx offers more than 300 instruments across several asset classes, including FX pairs, commodities, share CFDs, indices, cryptocurrencies, and futures.
• Lime Fx’s commitment to providing a wealth of educational resources and market analysis research is evident.

It illustrates the spreads and commissions I have recorded on the EUR/USD pair for each account type. The table shows how much you will have to pay to trade 1 full lot (100,000 units) on the EUR/USD with a pip value of $10. Lime Fx offers a versatile choice of spreads, which can cater to the distinct preferences of both novice and professional traders. Traders can select between fixed spreads and flexible (floating) spreads, each with its own set of advantages and considerations.

I like how I can trade more than 3 assets with no hassle and I also admire the integrated tools and features. I quite enjoyed Lime Fx’s educational guides covering very basic trading topics that novice traders are likely to ask. They do not delve particularly deep into the subject matter or examine more complex topics but are quite useful as a starting point. I also appreciated the vast amount of over 150 written articles that are available from Lime Fx’s blog section of the website.

While the broker offers comprehensive, responsive, and dedicated support through these channels, the lack of phone support can be a letdown for potential customers. Hi MarcoS,Thanks for taking the time to share with us your feedback! Hello Vera Goldstein,We’d like to thank you for your kind words!

To watch more expert insights and analysis on the latest market action, check out more Market Domination here. For Rivian Automotive, the consensus sales estimate for the current quarter of $1.32 billion indicates a year-over-year change of +0.6%. For the current and next fiscal years, $4.56 billion and $5.2 billion estimates indicate +2.8% and +14.1% changes, respectively. While earnings growth is arguably the most superior indicator of a company’s financial health, nothing happens as such if a business isn’t able to grow its revenues.

• At the center of everything we do is a strong commitment to independent research and sharing its profitable discoveries with investors.
• Provides a general description of the business conducted by this company.
• Rivian finished last year having delivered 51,579 electric SUVs, trucks, and vans, more than triple the number it shipped to customers in 2023.
• The company is planning to launch at least 2500 stations nationwide.
• Right now, we’re issuing “Double Down” alerts for three incredible companies, and there may not be another chance like this anytime soon.

The web link between the two companies is not a solicitation or offer to invest in a particular security or type of security. ZacksTrade does not endorse or adopt any particular investment strategy, any analyst opinion/rating/report or any approach to evaluating individual securities. The Barchart Technical Opinion widget shows you today’s overall Barchart Opinion with general information on how to interpret the short and longer term signals.

The company designs, develops, manufactures, and sells electric adventure vehicles and accessories through direct sales to consumers and commercial markets. The company vehicles are designed for sustainability and long lifespans across all components with repairability and reusability key to the end result. That includes engineering specifications such as easily removable batteries and batteries that can be easily recycled or repurposed into stationary power packs when their EV lifespan is spent. On Friday, the electric vehicle startup reported 14,183 vehicle deliveries for the December quarter. Newly inaugurated president, Donald Trump, vowed to remove an EPA rule requiring automakers to eventually sell all battery electric vehicles to avoid emission fines. Rivian Automotive, Inc. engages in the design, development, and manufacture of category-defining electric vehicles and accessories.

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In regard to its capabilities, the truck can go from ‎reminiscences of a stock operator on apple books 0 to 60 in 3 seconds, tow up to 11,000 pounds, and wade through 3 feet of water with no problems. Electric-vehicle maker Rivian plans to launch its advanced hands-free driver assistance systems in 2025 and its “eyes-off” systems in 2026, CEO RJ Scaringe said on Thursday.

Managers and Directors: Rivian Automotive, Inc.

We essentially look at how sell-side analysts covering the stock are revising their earnings estimates to reflect the impact of the latest business trends. And if earnings estimates go up for a company, the fair value for its stock goes up. A higher fair value than the current market price drives investors’ interest in buying the stock, leading to its price moving higher. This is why empirical research shows a strong correlation between trends in earnings estimate revisions and near-term stock price movements. At the center of everything we do is a strong commitment to independent research and sharing its profitable discoveries with investors.

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Therefore, you might want to consider some of the key factors that could influence the stock’s performance in the near future. Furthermore, Trump’s challenge to California’s zero-emission vehicle mandates—adopted by 11 other states—introduces additional uncertainty for Rivian, whose sales could suffer in markets where emissions rules drive EV adoption. The policy shift freezes unspent funds from a $5 billion EV charging infrastructure program and signals a reassessment of emissions regulations requiring automakers to sell up to 56% EVs by 2032 to meet federal standards. Rivian shares rallied Friday to one of their best days ever, continuing a strong stretch for the Tesla rival following the election and bucking conventional wisdom about what President-elect Donald Tr… MoneyShow presents top investment ideas for 2025 from their contributors.

In a recently published interview with Business Insider, Scaringe acknowledged that Rivian is facing increased uncertainty now that Trump has returned to the White House. On the other hand, the CEO said he wasn’t overly worried about the potential removal of EV subsidies and said there were ways that Rivian could adapt to shifting conditions. Of particular note, he said that the removal of tax subsidies could cause his company to offer vehicles at lower price points. According to 22 analysts, the average rating for RIVN stock is “Buy.” The 12-month stock price forecast is $15.33, which is an increase of 20.05% from the latest price.

The electric vehicle (EV) industry continues to heat up as two of its marquee players, Tesla Inc. Rivian (RIVN) is trading lower after President Trump said he plans to revoke former President Biden’s executive order to sell more EVs. Kevin Hincks offers an example options trade in Rivian with the … Rivian Automotive (RIVN Quick QuoteRIVN – Free Report) has recently been on Zacks.com’s list of the most searched stocks.

Rivian Automotive Stock Analysis – MarketRank™

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The Rivian R1S began production in 2022 and began deliveries later that year. The R1S comes with a 260 to 320-mile range and can also wade through 3 feet of water. The R1S also boasts the ability to rock crawl up a 100% incline or 45-degree slope. The R1T comes with 8 different drive modes geared for offroading, city adventures, and everything in between. Among the choices is the “Drift” mode which proactively distributes power to offset traction control and at fortrade commodities are how we roll increase the “fun” factor. The vehicle comes with a 240 to 400-mile range depending on the battery and motor combination and individual driving styles.

• Tesla’s market share is declining due to competitive pressures, with deliveries and production falling short of expectations, leading to a significant drop in stock price.
• For the current and next fiscal years, $4.56 billion and $5.2 billion estimates indicate +2.8% and +14.1% changes, respectively.
• Download the report now to identify top dividend payers and avoid common yield traps.
• Zacks may license the Zacks Mutual Fund rating provided herein to third parties, including but not limited to the issuer.
• In regard to its capabilities, the truck can go from 0 to 60 in 3 seconds, tow up to 11,000 pounds, and wade through 3 feet of water with no problems.
• A joint venture between U.S. electric pickup and SUV maker Rivian and Volkswagen is in talks with other automakers about supplying their software and electrical architecture, a senior Rivian executive…

Trade confidently with insights and alerts from analyst ratings, free reports and breaking news that affects the stocks you care about. In the case of Rivian Automotive, which is trading at $13.29 as of publishing time, $100 would buy you 7.52 shares of stock. Rivian’s valuation is climbing higher following recent comments made by CEO RJ Scaringe about the company’s strategy and outlook under the new Trump administration. The Barchart Technical Opinion rating is a 8% Buy with a Weakest short term outlook on maintaining the current direction. Rivian stock price could be on the verge of a multi-year bull run ahead of the R2 launch later this year. RIVN shares surged by over 24% on Friday, moving to a high of $16.50, its highest swing since …

Barchart Technical Opinion

Unique to Barchart.com, Opinions analyzes a stock or commodity using 13 popular analytics in short-, medium- and long-term periods. Results are interpreted as buy, sell or hold signals, each with numeric ratings and summarized with an overall percentage buy or sell rating. After each calculation the program assigns a Buy, Sell, or Hold value with the study, depending on where the price lies in reference to the common interpretation of the study. For example, a price above its moving average is generally considered an upward trend or a buy. Rivian Automotive scored higher than 50% of companies evaluated by MarketBeat, and ranked 51st out of 88 stocks in the auto/tires/trucks sector. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

Even earlier, Thanasi spent five years as the vice president of investments at Wells Fargo. His expertise in the industry allows him to be an ASU Barrett Honors College instructor in personal finance. He has a passion for education and teaching financial literacy, and he frequently speaks at schools and conferences and on podcasts. Thanasi is a native Phoenician from a Greek immigrant family, and he is a proud husband and father of two.

What is the difference between owning cryptocurrencies and trading them as CFDs?

Crypto CFDs (Contracts for Difference) offer a unique way to trade cryptocurrencies without owning the underlying digital assets. This method involves a contract with a broker to trade the difference in a cryptocurrency’s price from when the contract is opened to when it is closed. It allows for trading on margin, enabling traders to open large positions with a relatively small capital outlay, and offers the flexibility to speculate on both rising and falling markets. However, this also means that gains and losses can be magnified, making understanding leverage and risk management crucial.

How do cryptocurrency exchanges make money?

Recent years have seen a wave of both positive and negative news for the crypto industry. Crypto exchange FTX collapsed and top executives were charged with crimes, while other exchanges including Binance and Coinbase faced charges from the Securities and Exchange Commission. Still, the SEC approved several spot Bitcoin ETFs in early 2024, giving traders a simple structure to buy and sell the largest cryptocurrency in the world. However, for experienced crypto investors who prefer to trade on a decentralized, KYC-free platform, Bisq offers everything you need to buy and sell cryptocurrency. Gemini also encourages users to utilize two-factor authentication to secure their accounts and provides the option to review and approve devices used to log onto the trading account. Another standout security feature of Gemini is that it is SOC 2-certified, which means that third-party auditors have verified the company’s security and compliance frameworks.

1. The broker’s educational offering includes courses, guides, videos, webinars, and podcasts.
2. A cryptocurrency exchange is a platform where buyers and sellers meet to trade cryptocurrencies.
3. With eToro charging just a 10% fee on staking rewards, it’s one of the best crypto staking platforms on the market.
4. The escrow mechanism used in the peer-to-peer trading process may be challenging for new users while the comparatively slow trade execution could deter first-time users and active traders.
5. Binance.US features a very similar interface and experience to Binance and also boasts some of the lowest fees of the major crypto exchanges.

Are there cryptocurrency exchange-traded funds?

However, Coinbase is not the cheapest exchange for smaller investors, and better fees can be obtained on Binance. The SEC sued Coinbase in June 2023, alleging it had illegally operated as an exchange, broker-dealer and clearing agency, and offered and sold unregistered securities. The lawsuit said Coinbase knowingly violated securities laws that are designed to protect investors. The main drawback of using Cash App to buy and store Bitcoin is that the in-app wallet is custodial, which means the company holds your virtual currency on your behalf. While custodial wallets can be convenient, they are also regarded as less secure than non-custodial wallets. However, since you can withdraw your Bitcoin from Cash App, you can move your cryptocurrency into a personal wallet to which you hold the private keys.

Popular Forex Broker Reviews

Users can select trading robots that automate some of the best crypto trading bot strategies, such as spot grid, smart rebalance, dollar-cost-averaging, and infinity grid. The performance of accounts using the bots is shown across each trading pair. KuCoin is one of the foremost crypto exchanges in terms of automation tools and supported assets, making it a worthy addition to our list of the best crypto exchanges. It’s an established exchange for trading crypto and is supported in 200+ countries.

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Some crypto exchanges provide separate insurance for digital assets, though many do not. Coinbase says it keeps 98% of its crypto assets in cold storage — a method for holding crypto tokens offline — and says that it has never lost any user funds. Balances of US dollars held in Coinbase accounts are insured by the FDIC, and Coinbase maintains a private insurance policy worth $320 million overall for crypto best cryptocurrency brokers assets it holds. Coinbase’s first-quarter earnings report raised eyebrows with a new disclaimer stating that custodially held crypto could be used to pay creditors in the case of the company going bankrupt. The best crypto exchanges will hold your crypto securely, provide you with unfettered control over your assets and make buying, selling, sending, receiving and trading crypto simple and affordable.

Webull may not be the poster child for trading apps, but its feature set feels a step above Robinhood’s. Like its well-known rival, Webull offers stocks, options, ETFs and cryptocurrencies with no out-of-pocket commission. And similarly, Webull works on a spread markup for its crypto trades, so your cost is built into the trade. Webull moved its crypto trading to a separate app called Webull Pay and offers trading in basic coins. Binance.US, which is the American arm of the larger Binance organization, is one of the best crypto exchanges because of its low trading costs. Bitcoin traders can access commission-free trades, while other coins are priced on a sliding scale for high-volume traders.

Kraken offers a range of business-friendly offerings and access to tough-to-find tokens like Gnosis, Kava and Dogecoin. In addition to these tokens, there are a total of over 50 to trade that allow you to diversify your portfolio as much as you like. You can set up a business account easily, hold your personal portfolio with Kraken and enjoy 24/7 customer support.

It also offers some unique offerings, such as social network-like commentating capabilities and the ability to follow and match the investments of other cryptocurrency traders. Coinbase is a specialized cryptocurrency exchange that allows you to trade a bunch of digital currencies, hundreds at the latest count. That range will likely scratch your crypto itch, since it includes most of the top coins, including Bitcoin, of course. Unfortunately, Coinbase has become cagier about what you’ll pay to trade, recently obscuring the fee structure on its website.

You’d pay a spread markup of about 0.5 percent and a transaction fee that depended on the size of the transaction and the funding source. For Coinbase Advanced Trade, you’ll pay fees that start at 0.6 percent for 30-day volume under $10,000 and decline to as low as 0.15 percent for up to $100,000 in volume and then head even lower. All websites and web-based platforms https://forexbroker-listing.com/ are tested using the latest version of the Google Chrome browser. Our Desktop PCs run Windows 11, and we use MacBook Pro laptops running macOS 12.5 to test trading on the go. We also test on mobile devices; for Apple, we test using the iPhone XS running iOS 16, and for Android we use the Samsung Galaxy S9+ and Samsung Galaxy S20 Ultra devices running Android OS 13.