Euro/Usd pip spread

Oct 18, 2011 at 07:21
Vues 1,731
10 Replies
Membre depuis Mar 14, 2011   posts 3
Oct 18, 2011 at 07:21
Hi Guys, what broker provides the lowest pip spread/commision for the euro usd pair on mt4😄
Membre depuis Sep 01, 2011   posts 2
Oct 18, 2011 at 14:26
Forex.com 3 pips
TheForexDojo
forex_trader_50353
Membre depuis Oct 14, 2011   posts 3
Oct 19, 2011 at 07:30
Oanda .9 - 1.3 pips on eurusd
Membre depuis Mar 07, 2010   posts 60
Oct 20, 2011 at 15:41
i agree with the forex dojo - i think oanda has the lowest spreads on average, however you should take into account the slippage and spreads during high volatility.
aaa
Membre depuis Oct 01, 2011   posts 8
Oct 21, 2011 at 22:10
There has been increasing popularity in recent years, for retail market markers. Most 'brokers' which advertise, are actually making the market, not acting as a broker between you and the market. This means that they can afford to call the spreads what they wish, (top 100 brokers site, I think) has listings of all of these types of brokers and respective spreads, ranging from 1 to 3 depending on the pair.

The most sensable alternative for the lowest spread, is the Currenex spread. This is the one given from the actual exchange network that makes the primary market for currencies. Currenex spreads for €/$ vary between 0.5 to 1.2 during Asian/EU overlap and EU/US overlap (apart from seconds before and after major news events).

As these types of brokers (I use MasterForex and I'm very happy with them) do not make a spread, they do charge commission. With my broker which is the lowest I could find, it's $ 24 / Lot. Meaning that these days I pay 0.7 commission on a 0.1 Lot contract (10K base currency). This given you a 'synthetic' spread of (0.5 + 0.7) 1.2 pips.

The other nice thing is that they will be no stop loss minimal distance from price, nor dealing desk. They are also named ECN accounts and the minimum for them tends to be $ 500.

Hope that helps :)
Membre depuis Oct 01, 2011   posts 8
Oct 21, 2011 at 22:10
$ 2.4 / lot - oups
Membre depuis Sep 15, 2011   posts 3
Oct 22, 2011 at 11:25
lmax has lowest pip in eurusd
Membre depuis Aug 31, 2011   posts 57
Oct 22, 2011 at 11:52
Exness
Membre depuis Mar 14, 2011   posts 3
Oct 24, 2011 at 06:27
Hi, i can see exness is very good. average 0.8 with no commission. i cant see that being beat.
Membre depuis Oct 04, 2011   posts 1
Oct 24, 2011 at 07:20
I agree with Julian. Go with a broker which offers ECN account. Admiral Markets is very good.
Membre depuis Jun 09, 2011   posts 186
Nov 02, 2011 at 11:48
You can check https://www.fxintel.com/live/ . But it doesn't have access to all brokers.
http://www.freeforexrebates .info
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