Types of spreads
Dec 17, 2020 at 08:12
1,195 Views
19 Replies
Dec 17, 2020 at 08:12
In the Forex world, there are two sorts of spreads offered by Forex Brokers towards their traders. This implies they can trade shrink on a Fixed spread or Variable spread as it were. There are numerous traders that will choose to open an account with a particular Broker simply because of the spread sort that the Broker offers.
Member Since Jan 11, 2019
147 posts
Dec 17, 2020 at 10:13
I prefer variable spreads over fixed spreads
Member Since Jul 23, 2020
759 posts
Dec 17, 2020 at 17:50
It depends on trading strategy. Like, scalper prefer variable, and news traders prefer fixed spreads.
Member Since Feb 11, 2020
12 posts
Dec 18, 2020 at 11:01
I prefer brokers with fixed spreads. So in my opinion I can calculate my costs in advance. and it seems to me that it is more difficult for brokers to deceive me.
Dec 18, 2020 at 12:09
Also, I noticed another kind of spreads.
So here on myfxbook while I was searching for broker spreads to compare between fxview and ICM, I noticed that there are spreads and spreads+commission, it actually made a lot of difference, on the overall cost of my trade.
So here on myfxbook while I was searching for broker spreads to compare between fxview and ICM, I noticed that there are spreads and spreads+commission, it actually made a lot of difference, on the overall cost of my trade.
Member Since Jul 20, 2020
298 posts
Dec 19, 2020 at 01:36
Fixed spread favorable to me. If there is a fixed spread, the analysis gives an idea about the risk-reward.
Member Since Dec 05, 2020
81 posts
Dec 30, 2020 at 06:03
Stonesong posted:
The spread on the exchange is set by the broker. Depending on the type of account, traders have different spreads. I am satisfied with a spread of 0.2 pips from Amarkets
And do the spreads remain decent during news or events?
Dec 30, 2020 at 06:09
Fixed or variable spread depends upon your trading strategy. personally i prefer variable spreads as i am pretty much aware of the times when generally the spreads are high or low in the market. So I only prefer trading when market has good liquidity.
The more your practice, the more you learn.
Member Since Jun 15, 2020
59 posts
Dec 30, 2020 at 10:52
I am not sure about others but I usually trade with ECN brokers that offer transparent trading environments. And because of this, it doesn’t really matter whether I am using variable spreads or fixed ones.
Member Since Feb 24, 2020
5 posts
Dec 30, 2020 at 13:46
I am comfortable trading with a fixed spread. I like it when I understand how much I will have to pay before opening a deal.
Member Since Jul 23, 2020
869 posts
Dec 31, 2020 at 03:42
Sometime volatile spreads are lower than fixed spreads under normal market condition. Fixed spreads are good for news traders
Member Since Feb 19, 2017
6 posts
Dec 31, 2020 at 09:50
There are 2 main types of spread including fix and no fix. in which fix is DD and no fix can be DD or NDD. that's just a summary
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Member Since Oct 05, 2020
21 posts
Dec 31, 2020 at 09:50
With a variable spread, I get the price which is on the lower end as I can enter and exit the trade when there is lesser activity than normal. So if you ask me they are better.
Member Since Oct 12, 2020
38 posts
Dec 31, 2020 at 11:58
Well, I think that variable spreads turn out to be cheaper than the fixed spreads in the long run.
Member Since Jun 15, 2020
59 posts
Dec 31, 2020 at 12:41
I really don’t think that using fixed spreads or variable spreads has much impact on your bottom line as a trader. It is your trading style and risk appetite that determine the best spread structure that you must opt for.
Member Since Jun 15, 2020
59 posts
Jan 04, 2021 at 04:26
Choosing the right type of spreads is more of a personal choice. Just because variable spreads work better for me, I can’t be sure that they will work for you also. You will have to determine that yourself.
Member Since Aug 05, 2021
401 posts
Dec 01, 2021 at 19:29
Every broker that I've ever checked out with fixed spreads was insanely pricey, I always stick to variable spreads.
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