Broker with fixed spread

Jul 07, 2012 at 07:53
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2 Replies
Member Since Apr 02, 2010   65 posts
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.
Member Since May 30, 2012   37 posts
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.
Member Since Jan 14, 2010   556 posts
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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