I recently did an audit of my live forex accounts and found something very interesting that I wanted to share and see what other think. To give you some background, I have 2 live accounts, at totally different US forex brokers. I tend to use 1 account to trade swing positions and the other to do interday trades. Since 1 broker offers me around 1.8 pips on eur/usd and the other is 1.2 pips, I tend to keep my daily trading on the lower spread account and figured the higher spread would be fine for my swing trades. However, after looking at my 2013 statements for both accounts something jumped out at me; which was that I would have been about 25% more profitable if I would have traded on the lower pip spread for my swing trades, since each time I traded on that account I was paying about $8 more per 100K I traded. Over the year, this accumulated to over $3500 MORE in trading fees! When I brought this up to my account rep at the broker with the higher spread , he simply pointed out other benefits of being with the company , like features, tools, ect... which means nothing to me if it costs $3500 extra to have things I really dont use or need to be successful in my trading, and when I tried to get back to the point about my spreads, the only solution he offered was depositing more funds into my account which I don't need to do at the other broker to basically get the same pricing anyway. Point is, my experience and trading statements reveal that spreads can be the difference between making profits and possibly even losing money, regardless of how many trades I make, the money adds up! What about everyone else? - BTW dont want to name drop brokers but if anyone wants to know they can message me here.