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Do you prefer fixed spreads or dynamic spreads?
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mlawson71

Member Since Dec 11, 2015  1486 posts mlawson71 Oct 09 2017 at 15:41
True. And besides, it's better for one's spread not to widen ridiculously during news events hitting the stop loss.

snapdragon1970

Member Since Sep 12, 2015  1827 posts kieran (snapdragon1970) Oct 09 2017 at 21:32
I always watch the spread before a trade, sometimes it takes the broker awhile to adjust it according to risk, if its to wide I stay out, try to calculate the difference while its moving.

"Mistakes are the portals of discovery",James Joyce.
leo23

Member Since Oct 12, 2016  349 posts leo23 Oct 10 2017 at 14:43
Dynamic spread is always better than fixed spread, because most of the times brokers providing fixed spread are market maker brokers. So you should stay away from a broker offering fixed spreads.

Fixed spreads might be good if you are trading just in a cent or micro account or a very small account in that range just to test your system, but definitely not suitable for large accounts.

mlawson71

Member Since Dec 11, 2015  1486 posts mlawson71 Oct 11 2017 at 14:37
Wouldn't fixed spreads also be beneficial if one uses scalping strategies to trade?

FlavioGonzalez

Member Since Nov 04, 2017  13 posts FlavioGonzalez Dec 14 2017 at 08:28
TheLastBear posted:
Hey guys,

do you prefer fixed spreads or do you prefer dynamic spreads? What does your broker offer you?

Thanks for taking time to respond.



I think that a broker has mobile spreads can be a big problem if we are interested in the short term, or if our account does not have much margin to support the operations.

togr

Member Since Feb 22, 2011  3809 posts vontogr (togr) Dec 14 2017 at 08:54
IMHO variable spreads are better as usually they are lower than fixed.
During big news BOTH fixed and variable spreads are rising.

I like what I trade, I trade what I like
TradingtheCloud

Member Since Apr 11, 2015  38 posts GENESIS ASSET (TradingtheCloud) Dec 15 2017 at 12:21
Staying with the topic on fixed and variable spreads, will a commission based trades offer better execution and reduce slippage during big news? Is this a better option for people tading on news? Thanks in advance for the feedback.

adamlee45

Member Since Sep 12, 2017  3 posts adamlee45 Jan 17 at 12:55
I feel more comfortable the variable spread as it is suiting my trading style. I don’t know how long I will stick to that but at present, I like to go ahead with the variable spread.

togr

Member Since Feb 22, 2011  3809 posts vontogr (togr) Jan 17 at 13:28
TradingtheCloud posted:
Staying with the topic on fixed and variable spreads, will a commission based trades offer better execution and reduce slippage during big news? Is this a better option for people tading on news? Thanks in advance for the feedback.

will a commission based Broker offer better execution and reduce slippage during big news?

I would say it does not depend on fixed/variable spreads
Execution and slippage differs from broker to broker.
Logically the best conditions during news could offer B-Book broker as such trades will never reach the market :)

I like what I trade, I trade what I like
BonkersBit

Member Since Nov 30, 2017  10 posts BonkersBit Jan 17 at 14:39
Slippage is the big black box of brokers. Spreads can be compared but slippage can also eat into your results around news time. Some ECN brokers that are good most of the time suck during news

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