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what kind of spreads do you look in a broker

Nov 27, 2020 at 04:39
1,901 Views
65 Replies
Member Since Oct 05, 2020   18 posts
Feb 10, 2021 at 10:54
I always prefer tight spreads & low commission, which is why I am trading with fxview.
Good spreads – average 0.2 pips on majority of pairs
Low commission - $1 per lot per side
Member Since Aug 28, 2020   37 posts
Feb 10, 2021 at 14:22
I'm a scalper, so I prefer trading with a broker with tight spreads starting from 0.0 pips in major currencies like EURUSD, GBPUSD, JPYUSD etc... and my current broker of choice that provides the criteria I require is FP Markets.
Member Since Jul 19, 2020   751 posts
Feb 21, 2021 at 06:19
Personally I like zero spreads account where spreads starts from zero. I am ready to give commission. But trade execution should be instant without any requote.
Member Since Oct 07, 2020   104 posts
Feb 22, 2021 at 04:38
Sarjohn posted:
I would prefer variable and tight spreads starting from 0.0 pips and commission should be low.
do these kind of brokers usually exists?
Elena Triston (ele020)
Member Since Apr 15, 2020   219 posts
Feb 22, 2021 at 04:48
UweMoench posted:
Personally I like zero spreads account where spreads starts from zero. I am ready to give commission. But trade execution should be instant without any requote.
Do you have any broker in mind offering such a trading environment? I also prefer low spreads but if low spreads come along with low commissions its like a cherry on the cake
The more your practice, the more you learn.
Member Since Jun 30, 2020   90 posts
Feb 23, 2021 at 08:51
In principle, even the floating spread suits me, the most important thing is that it was quite minimal.
Member Since Oct 20, 2020   49 posts
Feb 23, 2021 at 13:08
I'm a scalper the main criteria I look for in a broker is tight spreads in major currencies like EURUSD, JPYUSD and others with lower commission cost and faster execution speed.
Member Since Jun 22, 2020   77 posts
Feb 24, 2021 at 09:24
Bradley88 posted:
I'm a scalper the main criteria I look for in a broker is tight spreads in major currencies like EURUSD, JPYUSD and others with lower commission cost and faster execution speed.
100% agree, and not many brokers offers such, under regulated ones fxview is good, on commissions end.
Member Since Feb 23, 2021   330 posts
Mar 06, 2021 at 10:06
Major pair best for following secure trading strategy. Many professional traders trade in major pairs. So the volatility and impulsive movement of this pair is very suitable.
Sar John (Sarjohn)
Member Since Dec 28, 2020   187 posts
Mar 09, 2021 at 08:18
richardmarcus posted:
Sarjohn posted:
I would prefer variable and tight spreads starting from 0.0 pips and commission should be low.
do these kind of brokers usually exists?
Yes there are many ECN brokers who offer variable and tight spreads.
yana hansen (78678676)
Member Since Oct 16, 2020   137 posts
Mar 09, 2021 at 10:55
Sarjohn posted:
richardmarcus posted:
Sarjohn posted:
I would prefer variable and tight spreads starting from 0.0 pips and commission should be low.
do these kind of brokers usually exists?
Yes there are many ECN brokers who offer variable and tight spreads.
Can you name some?
Member Since Aug 27, 2017   994 posts
Mar 10, 2021 at 09:41
you should choose the broker which is more appropriate to the concept of trading that will be used , if love doing scalping should choose the broker which allows trading concept such as this.
Member Since Jul 19, 2020   751 posts
Mar 30, 2021 at 11:49
For my trading I like zero spreads account. I have noticed that even after giving commission zero spread account is profitable. Because in standard account spreads is higher.
Member Since Mar 30, 2021   9 posts
Mar 30, 2021 at 11:58
I take low spreads every time. If bid and ask are very close then it makes trading decisions easier to quickly understand. The commission is just fee for trading and can be added at the end
Member Since Jul 27, 2020   81 posts
Mar 31, 2021 at 07:53
Of course, we always strive to choose the minimum spread so that trading is normal, and it does not affect it.
Elena Triston (ele020)
Member Since Apr 15, 2020   219 posts
Mar 31, 2021 at 10:51
I always prefer tight spreads or raw spreads over fixed spreads. It helps me to keep up with my profits and not let the spreads eat huge chunks from my gain.
The more your practice, the more you learn.
Reece Rispoli (reece22)
Member Since Sep 22, 2018   70 posts
Apr 01, 2021 at 09:39
lowest spreads are the best
Member Since Oct 07, 2020   104 posts
Apr 01, 2021 at 12:04
ele020 posted:
I always prefer tight spreads or raw spreads over fixed spreads. It helps me to keep up with my profits and not let the spreads eat huge chunks from my gain.
Oh I see looking for a broker having these kind of spreads, any suggestions?
Member Since Mar 28, 2021   617 posts
Apr 01, 2021 at 12:21
I prefer floting spreads then fixed spreads. Good broker gives you zero spreads account with commission. But I found it profitable than no commission account. In no commission account usually spreads are higher.
Member Since Aug 07, 2020   75 posts
Apr 02, 2021 at 05:59
I noticed that the fixed time is quite high, which is why I am satisfied with the floating spread from the Amarkets broker, which starts from 0.2 pips, and this is enough for you to trade.
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