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best broker for xauusd

falcon333
May 28 2013 at 04:18
54 zpráv(a,y)
FXGeersDOTcom, I fully enjoy the race to the bottom in terms of spreads. I remember when EURUSD at 4-5 points was considered 'competitive' in early 2000s when only a few retail brokers were operating. Now there are 250+ MT4 brokers out there competing for client business, and the smartest way to push yourself out front is to reduce your spread, which we are seeing with brokers like Excel Markets who are offering spreads at 0.4 plus 0.5 commission = 0.9 effective spread. Awesome move.

With all the spread monitor tools out there, more people are choosing brokers based on the tightest spread and so we are seeing brokers compete with each other on spread. Of course execution speed matters as well, and there are already tools out there that measure execution speed and slippage, and it is only a matter of time before brokers are sorted and ranked on the basis of spread + speed.

As for getting to rock bottom, I still think we have a long way to go. I believe that even at 0.9 effective spread on EURUSD, the smart brokers with intelligent routing technologies are still making a 0.6 profit (300% markup from a 0.2 raw spread). But the transaction costs are much better than they were, and they will get much better still.

I would love to see more fat, greedy brokers (who still charge spreads of 2 or more on EURUSD) go out of business to the more competitive brokers who charge less than 1.3 on EURUSD.

“Ah, but a man's reach should exceed his grasp, or what's a heaven for?” Robert Browning
vontogr (togr)
Jun 20 2013 at 12:46
4862 zpráv(a,y)
I have following needs to trade gold
Reliable broker with fast execution ;)
High leverage like 1:500, low margin
Allow to open unlimited number of (small) positions
Spread including commission max 50

I can't find any ;) Any tips?

Thanks indeed.

Dr Ramin Rostami (Ramin_Rostami)
Jun 20 2013 at 16:46
253 zpráv(a,y)
togr posted:
I have following needs to trade gold
Reliable broker with fast execution ;)
High leverage like 1:500, low margin
Allow to open unlimited number of (small) positions
Spread including commission max 50

I can't find any ;) Any tips?

Thanks indeed.


try this broker grandcapital.net and this symbol=in CFD metal.find gold cfd spread must be 0 ........GCU3

falcon333
Jun 20 2013 at 17:19
54 zpráv(a,y)
togr posted:
I have following needs to trade gold
Reliable broker with fast execution ;)
High leverage like 1:500, low margin
Allow to open unlimited number of (small) positions
Spread including commission max 50

I can't find any ;) Any tips?

Thanks indeed.


ExcelMarkets.com will fit your bill.

Leverage: 400:1
Lot size: 0.01
Spread on XAUUSD (gold): 10-30 pips

“Ah, but a man's reach should exceed his grasp, or what's a heaven for?” Robert Browning
Repco
Jun 20 2013 at 22:53
48 zpráv(a,y)
https://dukascopy-mt4.fairtradingtech.com/fee/

I still prefer Futures in the end......such as gold 10cents with $1.50USD per trip

QuantumLabs (VabRus)
Jun 21 2013 at 09:45
32 zpráv(a,y)
togr posted:
I have following needs to trade gold
Reliable broker with fast execution ;)
High leverage like 1:500, low margin
Allow to open unlimited number of (small) positions
Spread including commission max 50

I can't find any ;) Any tips?

Thanks indeed.


I have exactly the same problem as you.
I am going to try with alpari uk pro with MT5.

Dr Ramin Rostami (Ramin_Rostami)
Jun 21 2013 at 09:58
253 zpráv(a,y)
be inform xauusd not for trade gold......this is forex gold and not for day traders......pro gold traders use comex gold for trade in future contracts (for money above 10.000$) or in CFD (for little money like 500$)...............

you must looking for gold CFD with this symbol =GCQ3 (gold comex)

grandcapital.net or some other CFD brokers in metatrader have this instrument


vontogr (togr)
Jun 21 2013 at 18:30
4862 zpráv(a,y)
VabRus posted:
togr posted:
I have following needs to trade gold
Reliable broker with fast execution ;)
High leverage like 1:500, low margin
Allow to open unlimited number of (small) positions
Spread including commission max 50

I can't find any ;) Any tips?

Thanks indeed.


I have exactly the same problem as you.
I am going to try with alpari uk pro with MT5.


I am actually requesting these info from Brokers and let's see.

QuantumLabs (VabRus)
Jun 23 2013 at 14:29
32 zpráv(a,y)
togr posted:

I am actually requesting these info from Brokers and let's see.


The Brokers don´t give you information about real spread, only normal spread, sometimes in XAUUSD spread grow very much, and brokers don´t give you data of slippage, they always blame market conditions.

vontogr (togr)
Jun 23 2013 at 18:59
4862 zpráv(a,y)
VabRus posted:
togr posted:

I am actually requesting these info from Brokers and let's see.


The Brokers don´t give you information about real spread, only normal spread, sometimes in XAUUSD spread grow very much, and brokers don´t give you data of slippage, they always blame market conditions.


I can compare spread from brokers with avg. spread e.g. on myfxbook

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