what kind of spreads do you look in a broker
Mitglied seit Oct 07, 2020
104 Posts
Nov 27, 2020 at 04:39
what kind of spreads do you look for in a broker, higher commissions, and less tight spreads or the other way around?
Mitglied seit Jul 19, 2020
318 Posts
Nov 27, 2020 at 09:06
I think a new trader should choose those brokers which have minimum spreads. Because spread playes an important role to make profit.
Mitglied seit Aug 17, 2020
123 Posts
Nov 27, 2020 at 11:31
Spreads should be tight but commissions shouldn't / don't have to be high either. Especially if you trade on short timeframes.
Mitglied seit Sep 12, 2017
238 Posts
Nov 27, 2020 at 12:14
being a scalper, i prefer tight spreads and low commission.
Nov 28, 2020 at 14:01
For me spread is not that important as I always markup the spread to my client's account for profit. The most important is the swap charges and commission in each trade as I'm a swing trader, this is most impact to my trading strategy.
Mitglied seit Oct 07, 2020
104 Posts
Dec 01, 2020 at 04:11
DoraWalletInvest posted:ok that was quiet a good info
Spreads should be tight but commissions shouldn't / don't have to be high either. Especially if you trade on short timeframes.
Mitglied seit Jan 11, 2019
147 Posts
Dec 01, 2020 at 17:55
richardmarcus posted:i look for variable ECN spreads rather than fixed spreads
what kind of spreads do you look for in a broker, higher commissions, and less tight spreads or the other way around?
Mitglied seit Jul 23, 2020
759 Posts
Dec 01, 2020 at 18:25
Spreads depend on trading strategy. Scalping or short trading strategy need variable with low spreads.
Mitglied seit Oct 07, 2020
104 Posts
Dec 02, 2020 at 05:36
Gracewilson1995 posted:i am lookingg for the samerichardmarcus posted:i look for variable ECN spreads rather than fixed spreads
what kind of spreads do you look for in a broker, higher commissions, and less tight spreads or the other way around?
Mitglied seit Oct 07, 2020
104 Posts
Dec 03, 2020 at 06:55
Garrychris554 posted:oh that is quite good with such competition in the market you definitely are getting good spreads and commission. I will definitely look into them
For me both have to be low. Or else with my kind of capital it is not at all possible to trade. Happy with what I’m getting with icm and fxview. 0.1 spreads average and only $2 round trade commission on fxview.
Mitglied seit Jan 11, 2019
147 Posts
Dec 03, 2020 at 11:52
richardmarcus posted:Gracewilson1995 posted:i am lookingg for the samerichardmarcus posted:i look for variable ECN spreads rather than fixed spreads
what kind of spreads do you look for in a broker, higher commissions, and less tight spreads or the other way around?
Did you like the spreads on any particular broker?
Mitglied seit Jul 20, 2020
232 Posts
Dec 03, 2020 at 14:10
You should choose that broker which gives you lowest spread.
Mitglied seit Oct 07, 2020
104 Posts
Dec 04, 2020 at 05:52
Gracewilson1995 posted:na not right now i am in confusion but will surely go through the broker which you had suggested yesterday. looks intrestingrichardmarcus posted:Gracewilson1995 posted:i am lookingg for the samerichardmarcus posted:i look for variable ECN spreads rather than fixed spreads
what kind of spreads do you look for in a broker, higher commissions, and less tight spreads or the other way around?
Did you like the spreads on any particular broker?
Mitglied seit Aug 17, 2020
123 Posts
Dec 04, 2020 at 17:12
richardmarcus posted:DoraWalletInvest posted:ok that was quiet a good info
Spreads should be tight but commissions shouldn't / don't have to be high either. Especially if you trade on short timeframes.
Thanks for the appreciation :)
