spread question
Jul 06, 2020 at 00:03
791 zobrazení
15 Replies
Členem od May 25, 2020
2 příspěvků
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!
Přílohy :
Členem od May 25, 2020
2 příspěvků
Jul 06, 2020 at 01:31
Just talked to the broker and he said for example the EUR/USD spread is only 1.7, because one pip is .0001 so market watch in MT4 is misleading.
Členem od May 24, 2020
112 příspěvků
Jul 10, 2020 at 06:28
In any case, you will be at risk without it is impossible to trade forex. But I can say that with the broker Amarkets you have a chance to minimize this risk
Členem od Jun 22, 2020
77 příspěvků
Jul 10, 2020 at 07:20
Your broker MT4 is misleading? That is not good.
Členem od Jul 20, 2020
298 příspěvků
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.
Členem od Jul 20, 2020
232 příspěvků
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.
Členem od Aug 07, 2020
75 příspěvků
Oct 05, 2020 at 05:47
It is important to choose a broker who will provide services that will not particularly affect trading.
Členem od Dec 28, 2013
171 příspěvků
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.
Členem od Feb 28, 2014
28 příspěvků
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
Členem od May 24, 2020
112 příspěvků
Oct 19, 2020 at 04:55
I can say that you can find a broker with lower spreads, this will be a significant plus for trading.
Členem od Apr 03, 2019
11 příspěvků
Oct 19, 2020 at 10:40
use the spread comparison tables on myfxbook and then compare the reviews of those brokers (also on myfxbook). You will find a suitable broker
Členem od Jul 23, 2020
759 příspěvků
Oct 04, 2021 at 16:36
Spreads vary on market condition. Low and tight spreads are better which the broker provides.
Členem od Jul 23, 2020
869 příspěvků
Oct 04, 2021 at 17:36
Some broker offers fixed spreads. You can also review those.
Členem od Jul 19, 2020
751 příspěvků
Oct 05, 2021 at 15:27
To me floating spreads is good, if it's a zero spreads account. Though even in zero spreads account you will have some spreads but it's less costly than fixed spreads.
Členem od Sep 22, 2018
70 příspěvků
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.
Členem od Aug 12, 2020
16 příspěvků
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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