Spread is mainly considered as an important financial tool which an investor should consider when choosing broker. For leading a profitable trading life, we the traders have to choose the broker which always make sure lowest trading spreads.
Bradley88 posted: Looking for a reliable broker to start live and grazed on FP Markets recently ,their spreads, commission costs seem to be lower when compared with other similar brokers.
Are they a true ECN broker, can they can be reliable to trade with?
FP Markets is a good choice. I have been trading with the RAW (ECN) account for a while now, their spreads are some of the tightest out there (at least in the major pairs- Averages 0 for the most part of the day in EURUSD)
If you choose their Raw Spreads account, the commission charged per lot is 6$ per round lot, which is slightly cheaper than other similar ECN brokers.'
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