The Big Lie of "Commission-Free" Trading — Now With Hidden Slippage

avatar
· Views 1,408

Listen carefully:

When a broker says “no commissions, zero fees, free deposits, free withdrawals,”

you should hear:

“We’re getting our money somewhere else… from YOU.”

Nothing — and I mean nothing — is truly free in forex.


The Trap

Imagine this:

You open a "commission-free" account thinking you're being smart — saving money, avoiding fees.

But here’s what you don’t see:

  • The spread is 3 pips wide instead of 0.2 pips.
  • On every trade, you’re overpaying compared to a real ECN broker who charges $5 per lot.
  • And when volatility hits?
  • Slippage kicks in — orders filled late, prices worse than expected.

Let’s say you scalp 10 trades a day, risking 1 lot each.

With a 3-pip spread, you pay $30 round-trip per trade. That’s $300 daily.

A real ECN broker would’ve cost you maybe $50–$70 total (tight spread + small commission).

Now add slippage: 0.5 to 1 pip on volatile pairs = another $5–$10 per lot lost.

You're not just bleeding —

You're hemorrhaging money through the cracks you can’t even see.


Tight Spread + Fair Commission = Pro Move

Wide Spread + “No Commission” + Slippage = Amateur Trap

Brokers aren't charities.

If you got all these "free" services and still made millions, how would they survive?

Answer: They wouldn’t.

So they load up:


  • Widened spreads (hidden fees)
  • Delayed execution (slippage)
  • B-book order flow (they profit when you lose)

Why Smart Traders Prefer Paying Commission

  • Transparency:
  • You see exactly what you pay — no tricks, no hidden taxes.
  • Lower Long-Term Costs:
  • Tight spreads + fixed commission = way cheaper over time, especially if you're active.
  • Reliable Execution:
  • ECN brokers route trades to real liquidity providers — not internal dealing desks.
  • Minimal Slippage:
  • You pay for better infrastructure — your entries and exits are cleaner and more precise.

Final Wisdom: Choose Your Price

In trading, there’s always a price.

You either:

  • Pay a visible, controlled commission and keep your edge,

or


  • Get lured into the "no commission" fantasy… and lose your edge to widened spreads, slippage, and manipulation.

Either way — you’re paying.

The only questions are:

How much?

And are you even aware of it?


Smart Traders Know:

“It’s better to pay a small visible price than a big invisible one.”


#OPINIONLEADER# #Knowledge# #BeginnerTrader# #FlashNews#

Disclaimer: The views expressed are solely those of the author and do not represent the official position of Followme. Followme does not take responsibility for the accuracy, completeness, or reliability of the information provided and is not liable for any actions taken based on the content, unless explicitly stated in writing.

Followme
Appreciated by readers — Received a total of 125 in tips.
Reply 6
avatar
Verified Official
Weibo has obtained the basic prize in the Opinion Leader Program: 25 FOCIN that can withdraw. Click to know more details about the Opinion Leader Program >>
avatar
joswee
Author
Thank for your support
avatar
Verified Official
Weibo has obtained the basic prize in the Opinion Leader Program: 100 FOCIN that can withdraw. Click to know more details about the Opinion Leader Program >>
avatar
joswee
Author
Thanks I really appreciate your support
avatar
I loved this article. Thanks
avatar
joswee
Author
@KarimElBawab Thank you so much! I'm really glad you enjoyed the article. Your support means a lot

-THE END-

  • tradingContest