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The Forex Bonus
  • Measuring Your Real Execution Cost
    Advanced Forex | Order Flow & Microstructure

    Spread, Slippage and Rebates: How to Measure Your Real Execution Cost

    ByNadia Fischer 23 August 202623 August 2026

    Advertised spread is the smallest part of what you pay. How to measure slippage asymmetry, build an all-in per-lot cost, and see how much of your edge execution is taking.

    Read More Spread, Slippage and Rebates: How to Measure Your Real Execution CostContinue

  • The True Cost of a 100% Deposit Bonus
    Bonuses & Rebates | Forex Broker Bonuses

    The True Cost of a 100% Deposit Bonus: The Turnover Maths Most Traders Skip

    ByNadia Fischer 23 August 202623 August 2026

    A deposit bonus is margin lent to you and repaid in transaction costs. How to price a turnover requirement in spread, the five clauses that decide everything, and why rebates usually win.

    Read More The True Cost of a 100% Deposit Bonus: The Turnover Maths Most Traders SkipContinue

  • Funding Rates as a Positioning Signal
    Crypto Markets | Derivatives & Perpetuals

    Funding Rates as a Positioning Signal: How to Read Crypto Perpetuals Properly

    ByNadia Fischer 23 August 202623 August 2026

    Funding is a live measurement of leveraged crowding, not a fee to ignore. How to annualise it, read it against open interest and basis, and use it to size and time positions.

    Read More Funding Rates as a Positioning Signal: How to Read Crypto Perpetuals ProperlyContinue

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The desk

Nadia Fischer — ex-prop FX volatility trader, now running a discretionary macro book and a systematic crypto strategy. Research on execution, microstructure and the real cost of broker offers.

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  • Realized Cap and MVRV: Valuation Frameworks for Bitcoin Market Cycles25 August 2026

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  • Crypto Markets
    • On-Chain Analysis
    • Derivatives & Perpetuals
    • DeFi & Yield
    • Altcoin Research
    • Stablecoins & Liquidity
  • Advanced Forex
    • Order Flow & Microstructure
    • Volatility & Options
    • Macro & Carry Trades
    • Correlation & Hedging
  • Quant & Automation
    • Backtesting & Statistics
    • Trading Bots & Expert Advisors
    • Python & Market Data
    • Machine Learning Models
  • Bonuses & Rebates
    • Forex Broker Bonuses
    • Crypto Exchange Promotions
    • Cashback & Rebate Programmes
    • Prop Firm Challenges
  • Desk Notes
    • Trade Breakdowns
    • Weekly Playbook
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