Brokers take way to much.You carry all the risk.Fp spreads are low but i bet there commission makes up for it.Who has the lowest spreads,who has the lowest commissions and is safe....god only knows.Oh and dont forget open close price manipulation...my fav!?
You have to understand that broker create their product not just because they're real altruists. They also want to make profits from their activity. They help traders to earn money and also want it back. Hence, when brokers create their brokerage companies they decide to earn money via spreads and commission. If there are no commissions on this broker, then it probably earns money via spreads, which are quite tight and it allows them to attract more traders. However, if they have 0 spreads, then they probably have high commissions. According to your question it's kinda difficult to fina broker with 0 spreads and low commissions.
RobertFerrari
Member Since Aug 15, 2021
391 posts
Oct 16 2021 at 18:30
Spreads play an important role in this market.
I chose Amarkets for myself by this parameter, and I still work with them
I use IC Markets who offer raw spreads which are often that low on majors but it is normally offset by commission cost. They are quite reasonable but ensure you consider both factors. The broker has to make money somehow remember.
If you can't spot the liquidity then you are the liquidity.
LukeRachel
Member Since Mar 16, 2021
477 posts
Nov 06 2021 at 16:23
There are many differences between brokers but I have to choose the broker that will help me to survive in trading through Proper Services.
Lee Baxter
(bax699)
Member Since Oct 23, 2018
29 posts
Nov 07 2021 at 08:05
You can only really have one or the other. You cant get both, as said above its either low commissions and wider spreads or the opposite
AurelieFrancis
Member Since Jan 14, 2021
49 posts
Nov 10 2021 at 08:52
I trade with an Australian broker, FP Markets. The spreads mostly begin at 0.0pips in EURUSD and other major currency pairs.
The commission costs per round per lot are $6, which is lower when compared to other ecn reliable brokers.
The commission costs per round per lot are $6, which is lower when compared to other ecn reliable brokers.
Lower spreads are important for many traders, especially scalpers. I suggest trading with FP Markets because it is suitable for scalping.
The spreads average at 0pips for most parts of the trade with lower commission costs and slippages.
The spreads average at 0pips for most parts of the trade with lower commission costs and slippages.
forextrader777
Member Since Jan 16, 2021
128 posts
Nov 11 2021 at 11:37
According to my trading experience with different brokers, the ones who offer zero spreads also charge high commissions. So, it's always advisable to go for brokers who provide low spreads and also keep the commissions low.
Some nice options I can recommend are Fxview, IC markets and Tickmill.
Some nice options I can recommend are Fxview, IC markets and Tickmill.
And what of Roll over,how do they compare in holding overnight?.Unbiased views always !
I recommend trading with FP Markets for lower spreads. The spreads start from as low as 0.0pips, mostly in EURUSD currency pairs.
The spreads are not only lower but also stable even during high volatile market events.
The spreads are not only lower but also stable even during high volatile market events.
GordonDenzil
Member Since Aug 11, 2020
53 posts
Nov 16 2021 at 09:30
Hi Ramierez, I agree with you that FP Markets is a good broker with some of the lowest spreads and commission costs.
I currently trade with them, and I was more surprised by their customer service, which is reliable and quick in solving queries.
I currently trade with them, and I was more surprised by their customer service, which is reliable and quick in solving queries.
forextrader777
Member Since Jan 16, 2021
128 posts
Dec 02 2021 at 08:18
ashb posted:It actually depends on which currency pair you are trading and if you are going long or short.
And what of Roll over,how do they compare in holding overnight?.Unbiased views always !
I believe that it is really important to work with choosing a broker with the minimum size of spreads.
In order to really choose the right broker, I have to select through online research. There are many platforms that provide ideas about trading.
Chelsea Blacks
(blackChelsea)
Member Since Jan 22, 2021
125 posts
Dec 03 2021 at 11:33
skihav posted:Agreed buddy! But I still wonder why some traders prefer fixed spreads brokers, in my opinion and experience with fxview and pepperstone being variable spreads brokers gives you an extra exposure to market volatility
I believe that it is really important to work with choosing a broker with the minimum size of spreads.
I know that a lot of brokers advertise that they offer zero spreads but in reality, you will hardly get them. With most good brokers, the spreads are tight and near zero. Coinexx, Liteforex, and LMFX are some brokers that offer good spreads as per my experience.