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spread question
Jul 06, 2020 at 00:03
997 Views
15 Replies
Jul 06, 2020 at 00:03
Hello All, I just recently started trading again after taking a break.
I'm using forex.com and the spreads are just insane!
Can someone pls look at my screenshot and recommend a better broker that accepts clients from the US thanks!
I'm using forex.com and the spreads are just insane!
Can someone pls look at my screenshot and recommend a better broker that accepts clients from the US thanks!
Attachments:
Member Since Jun 22, 2020
69 posts
Jul 10, 2020 at 07:20
Your broker MT4 is misleading? That is not good.
Member Since Jul 20, 2020
286 posts
Oct 02, 2020 at 02:23
The broker is a very essential subject for trading. If the broker's spread is good, many benefits can be gained. Market maker broker spreads are usually not good. Details about the broker should be known before investing in trading.
Member Since Jul 20, 2020
172 posts
Oct 02, 2020 at 11:20
High spreads is the most disgusting thing in trading. To select a low spread broker you can visit those websites that provide broker reviews n their sites.
Oct 05, 2020 at 07:07
Well.. Spread eats profits, and destroys many otherwise good strategies. Move higher. Some Market Makers offer many other good features, like guaranteed stop loss, and zero negative balance. I wouldn't blindly stare at nominal spread, since there is also a phenomen called slippage, which is essentially a hidden part of the spread.
Oct 05, 2020 at 09:49
grp01 posted:
Hello All, I just recently started trading again after taking a break.
I'm using forex.com and the spreads are just insane!
Can someone pls look at my screenshot and recommend a better broker that accepts clients from the US thanks!
Oanda
Member Since Jul 23, 2020
696 posts
Oct 04, 2021 at 16:36
Spreads vary on market condition. Low and tight spreads are better which the broker provides.
Member Since Jul 23, 2020
816 posts
Oct 04, 2021 at 17:36
Some broker offers fixed spreads. You can also review those.
Oct 12, 2021 at 19:04
grp01 posted:
Hello All, I just recently started trading again after taking a break.
I'm using forex.com and the spreads are just insane!
Can someone pls look at my screenshot and recommend a better broker that accepts clients from the US thanks!
I try to trade with those brokers that have low spreads.
Nov 12, 2021 at 11:56
There are plenty of brokers nowadays actually and all of them offer exclusive conditions. It's difficult to help you to determine which broker will suit you most, beause every trader has his/her own needs in brokers. In your case you should pay attention to those brokers, which have tight spreads. However, if they have tight spreads, perhaps they will have commissions on withdrawals and transfers, because brokers also want to earn money. They offer you platforms for earning money, and you pay them back by commissions or spreads. So, here everything is difficult, but there are brokers with tight spreads I'm sure.
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