spread question
grp01
Mitglied seit May 25, 2020
2 Beiträge
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!
grp01
Mitglied seit May 25, 2020
2 Beiträge
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.
Duktilar
Mitglied seit May 24, 2020
88 Beiträge
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
first_time
Mitglied seit Jun 22, 2020
66 Beiträge
Jul 10 2020 at 07:20
Your broker MT4 is misleading? That is not good.
LeviSievwright5
Mitglied seit Jul 20, 2020
285 Beiträge
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.
EbonyJones
Mitglied seit Jul 20, 2020
232 Beiträge
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.
Shelby10
Mitglied seit Jul 15, 2020
139 Beiträge
Oct 02 2020 at 19:47
As a trader, I always try to trade with those brokers that have low spreads.
Malajind
Mitglied seit Aug 07, 2020
49 Beiträge
Oct 05 2020 at 05:47
It is important to choose a broker who will provide services that will not particularly affect trading.
niceGLer
Mitglied seit Dec 28, 2013
164 Beiträge
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.