We noticed that you're using an ad blocker. Myfxbook is a free website and is supported by ads. In order to allow us to keep developing Myfxbook, please whitelist the site in your ad blocker settings.
Thank you for your understanding!
execution speed on floating spread is always better rather than using fixed spread, the bad thing with floating spread is dangereous if you use hedging as your strategy because spread can widen during weekend or spike on news releases
herodontcry posted: execution speed on floating spread is always better rather than using fixed spread, the bad thing with floating spread is dangereous if you use hedging as your strategy because spread can widen during weekend or spike on news releases
To be honest, the spread widening during news events is dangerous even if you're not hedging. It can widen considerably, take your stop and then the pair continues on its merry way in the direction you were expecting.
It is suggested to go for variable spreads as the price feeds are direct from LP's. So in fixed spread your broker can be market maker. Also if you are day trader go for variable spread but being a long term trader you can earn with fixed spreads at the time of events or news as spread is larger at that time.😐
HIGH RISK WARNING: Foreign exchange trading carries a high level of risk that may not be suitable for all investors.
Leverage creates additional risk and loss exposure. Before you decide to trade foreign exchange, carefully consider your investment objectives, experience level, and risk tolerance.
You could lose some or all of your initial investment. Do not invest money that you cannot afford to lose. Educate yourself on the risks associated with foreign exchange trading, and seek advice from an independent financial or tax advisor if you have any questions.
Any data and information is provided 'as is' solely for informational purposes, and is not intended for trading purposes or advice.
Past performance is not indicative of future results.
Sorry! We don't do any tests on your browser, if you want to explore a full usability of out application, please use the last version of "Google Chrome".