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Do you prefer fixed spreads or dynamic spreads?
Mitglied seit Sep 12, 2017
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Mitglied seit Jul 23, 2020
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Dec 09, 2021 at 07:51
Mitglied seit Mar 28, 2021
586 Posts
In the Forex world, there are two sorts of spreads offered by Forex Brokers towards their traders. This implies they can trade shrink on a Fixed spread or Variable spread as it were. There are numerous traders that will choose to open an account with a particular Broker simply because of the spread sort that the Broker offers.
Mitglied seit Aug 05, 2021
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Dec 09, 2021 at 17:00
Mitglied seit Aug 05, 2021
394 Posts
Every offer for dynamic spreads that I've ever seen has been outrageous. I opened a 0 commission account with my broker and while that typically would mean that the account would have higher than average spreads, they actually wound up being quite low and no withdrawal fees. There are good deals out there but it takes effort to search for them but I don't think that you're going to find any of those life-changing deals in regards to floating spreads.
Feb 05, 2022 at 12:18
Mitglied seit Oct 22, 2020
12 Posts
I guess you meant exactly floating spreads by saying “dynamic” ones. I personally don’t care what spreads to trade with. It’s not the main thing is trading. How right your market forecast - that’s what really matters and the rest is less significant.
Aug 31, 2022 at 14:53
Mitglied seit Nov 01, 2020
9 Posts
Very interesting name for floating spreads.... 😊dynamic 😊funny! ;)
Well... I think I'll answer this question the way every trader should.
The spread depends on what trading method you use. It also depends on what strategy you are using at the moment.
If you're trading the news, I think you need a fixed spread. This will save you from spread widening.
This can happen if an important macroeconomic news is released at the same time.
In other cases, it's better to use a floating spread.
However, it's up to you.
Try everything. Every trader offers a demo account, so you can try different strategies and then decide which spread is best for you.
Well... I think I'll answer this question the way every trader should.
The spread depends on what trading method you use. It also depends on what strategy you are using at the moment.
If you're trading the news, I think you need a fixed spread. This will save you from spread widening.
This can happen if an important macroeconomic news is released at the same time.
In other cases, it's better to use a floating spread.
However, it's up to you.
Try everything. Every trader offers a demo account, so you can try different strategies and then decide which spread is best for you.

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