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Broker with fixed spread
aladar

Member Since Apr 02, 2010  38 posts Aladar Mezga (aladar) Jul 07 2012 at 07:53
Hey traders!!

I'm looking for brokers with fixed spread. Is there anyone you is using broker which has spread fixed to constant pips?
Another question .. What is your preference fixed spread or variable? Tell me your thoughts about pros and cons about this.

Have great upcoming trading week.
Aladar


Less is more.
Iroa

Member Since May 30, 2012  22 posts Iroa Jul 31 2012 at 12:40
Brokers with fixed spread are all market makers, meaning if you lose money they gain, you gain money they lose. Meaning most of not all of them are bucket shops, expect virtual dealer plugin on their systems.

You're better off with a variable spread ecn broker imo.

James_Bond

Member Since Jan 14, 2010  554 posts James_Bond Jul 31 2012 at 13:06
I agree. What's the point? It's like going a step backwards. Why not use a floating spread broker?

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