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zero spread brokers needed

beckybuchanan
Jun 11 at 07:01
8 Posts
I think you should compare fixed spread brokers and variable spread brokers to get a good idea about them. They both have their own advantages and you can speed up your decision making process by analysing the importance of spread types.

Suaveld
Jun 12 at 08:30
7 Posts
Lower spreads are possible only when the market is at its most active, during high liquidity periods. And I’ve found that variable spread brokers like turnkeyforex are better off as you can find spreads as low as 0.1 pips with them on the major currency pairs. Fixed spread brokers however are unable to offer such tight spreads.

AndrewMcCalam54
Jun 12 at 09:49
33 Posts
i am completely new in this forum , if brokers provide 0 pip spreads how do they profit ? because only by spreads broker earn their profit.

Davidfx89
Jun 12 at 11:58
39 Posts
the broker who provides 0 pip spreads , i think its all about marketing approach , nothing without it.

lizgo
Jun 14 at 22:09
3 Posts
Davidfx89 posted:
the broker who provides 0 pip spreads , i think its all about marketing approach , nothing without it.


Agree... it's just a marketing ploy

Hrenz
Jun 15 at 06:57
38 Posts
Just realistic, but looking at the conditions that brokers offer, that's why I work with Amarkets, because it offers a spread of 0.2.

taskfries
Jun 18 at 10:41
14 Posts
0 pips is no marketing gimmick, I trade with the broker and they have good spreads from 0.0 pips to 0.2 pips when the liquidity in the market is in the right condition. Can’t expect tight spreads at all times.

innovative
Jun 22 at 06:12
31 Posts
Scalping is dangerous in accounts with zero spread. Most likely there will be a loss due to incorrectly calculated commissions.

Killerbee12
Jun 22 at 10:52
9 Posts
The broker will get there payment even if it claims to be zero spread. Like has been said before the commission will eat all your profit

Charmaine (CharmaineDizon)
Jun 22 at 14:37
5 Posts
I like Moneta Markets' ECN account. It has floating 0 pip spread with $3 commission per lot. While there are actually true zero spread accounts there (fixed 0 pip spreads), the catch there is very high fixed commission cost (around $20 per lot). Most zero spread accounts that Forex brokers offer are called ECN accounts, which have floating 0 pip spreads. This means while the spread is still floating, just like in a standard account, it is majority of the time close to zero. The good thing here is it has a lower fixed commission cost than true zero spread accounts. If you ask me which is better (Standard or ECN), it will all boil down to your trading style (how often you trade) and your equity (how big your capital is).

“Don’t be afraid to give up the good to go for the great.” – John D. Rockefeller
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