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zero spread brokers needed

Gracewilson1995
Feb 24 at 17:02
147 Posts
BarronLucas posted:
I'm currently trading with an ASIC regulated broker FP Markets spreads are really low starting at 0.0 pips for most parts of the day in both major and minor currency pairs.

Really they are offering zero spread on all the pairs? So, what is the commission?

Rasperr (Rasperr)
Feb 24 at 19:29
19 Posts
woolkan posted:
Hi,
Please tell me which zero spread brokers are the most trusted which do you recommend?
Is the zero spread always zero or can it fluctuate throughout the day?

Thank You,
woolkan

I'm not aware of a broker that you'll get zero spread from, without paying the equivalent in commissions.

Beagelv
Feb 25 at 08:30
66 Posts
I think such brokers simply do not exist, because this is their earnings, and no one will set it to 0.

Gracewilson1995
Feb 25 at 11:46
147 Posts
even i think they cannot. if they are the spreads might be manipulated.

Ramierez
Feb 27 at 13:21
20 Posts
I suggest FP Markets for lower spreads, it starts from as low as 0.0 pips in most major and minor currency pairs, they also offer lower commission and slippage .

Rassellkarl
Mar 02 at 09:55
36 Posts
78678676 posted:
Zero spread brokers are not reliable, as they will try to make up for it in some other hidden way.

Actually, every broker can offer zero spread only if they have a reliable ECN account. However, as you said, these brokers do seek commission when you won’t pay for the spread.

Hyalinclay
Mar 03 at 04:55
17 Posts
Is there any criteria behind selecting forex brokers offering best spreads?

perryjohn765 (perryjohn765)
Mar 03 at 07:12
191 Posts
can some one tell me how exactly this 0 spread thing works? how can one trade without the spreads?

Rassellkarl
Mar 03 at 10:33
36 Posts
Hyalinclay posted:
Is there any criteria behind selecting forex brokers offering best spreads?

There’s no set of rules that you need to follow while searching for brokers. Nevertheless, go for the ones who are regulated. This is one aspect that I personally believe should be considered because we traders have to deal with complicated situations and trading decisions at times and only experienced and knowledgeable forex brokers like fxview, Mitrade, and pepperstone can help us with their 24*5 support team.

Daxton
Mar 03 at 11:14
28 Posts
perryjohn765 posted:
can some one tell me how exactly this 0 spread thing works? how can one trade without the spreads?

Ideally, you can not. Trading with a zero spreads broker is like more of a dream than reality. One should look for brokers offering lower spreads via comparison. I am trading with fxview and though i have seen 0.0 pips sometimes on a few major pairs, but its not an every time thing.

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