In my experience, it is better to go with tight spread brokers that offer low commission fees.
Apr 06 2021 at 10:09
I usually go with variable spread brokers as I find them better than zero spread ones.
I'm a scalper looking for broker recommendations that offer zero spreads in EURUSD with ASIC or FCA regulation?
Alberncon posted:
I'm a scalper looking for broker recommendations that offer zero spreads in EURUSD with ASIC or FCA regulation?
check tickmill
Apr 07 2021 at 00:05
Gracewilson1995 posted:
Is it actually possible to get a zero spread always?
That's what I'm thinking. That would have been much better.
Apr 07 2021 at 15:38
Certain Ecn brokers provide lower spreads like my broker FP markets, whose spreads starts lower and sometimes began at 0 pips when trading with EURUSD currency pair.
May 05 2021 at 17:49
Alberncon posted:
I'm a scalper looking for broker recommendations that offer zero spreads in EURUSD with ASIC or FCA regulation?
Zero spreads brokers often take the commission. So, in the end, all are the same.
FXOpen provides variable spread from zero on ECN account, but I have no experience trading in ECN account still work in STP account with variable spread, ECN usually take a commission from every trades made by traders.
May 14 2021 at 08:52
There is no such thing zero spreads broker, atleast not to my knowledge. The lowest I’ve seen - goes as low as 0.1 pips and commission are quite low.
Indeed, you will find a broker with zero prev. But Amarkets has a fairly narrow spread, and this is quite profitable.
Jun 11 2021 at 07:01
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.
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.
Jun 12 2021 at 09:49
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.
the broker who provides 0 pip spreads , i think its all about marketing approach , nothing without it.
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
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.
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.
Jun 22 2021 at 06:12
Scalping is dangerous in accounts with zero spread. Most likely there will be a loss due to incorrectly calculated commissions.
Jun 22 2021 at 10:52
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
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
