Why is it so Important to Trade with Low Costs?
The trading cost is the amount your trade must move before you make a profit. For example, if you go long (buy) 1 lot (100,000) using Fusion Markets, your trade will need to increase by AUD $7.62 before making any profit. This is the cost of the trade and can be compared to spreads in “standard” accounts. The lower the cost of trade, the more profit you can make.
Low trading costs are critical to your success if your trading strategy relies on profits of just a few pips (e.g., scalping), or if you are a high-volume trader.