Types of spreads
UweMoench
Membre depuis Jul 19, 2020
262 messages
Dec 17 2020 at 08:12
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.
Gracewilson1995
Membre depuis Jan 11, 2019
130 messages
Dec 17 2020 at 10:13
I prefer variable spreads over fixed spreads
SofieAndreasen
Membre depuis Jul 23, 2020
266 messages
Dec 17 2020 at 17:50
It depends on trading strategy. Like, scalper prefer variable, and news traders prefer fixed spreads.
Oliver3634
Membre depuis Feb 11, 2020
12 messages
Dec 18 2020 at 11:01
I prefer brokers with fixed spreads. So in my opinion I can calculate my costs in advance. and it seems to me that it is more difficult for brokers to deceive me.
KenAdams
Membre depuis Aug 14, 2020
31 messages
Dec 18 2020 at 12:09
Also, I noticed another kind of spreads.
So here on myfxbook while I was searching for broker spreads to compare between fxview and ICM, I noticed that there are spreads and spreads+commission, it actually made a lot of difference, on the overall cost of my trade.
So here on myfxbook while I was searching for broker spreads to compare between fxview and ICM, I noticed that there are spreads and spreads+commission, it actually made a lot of difference, on the overall cost of my trade.
LeviSievwright5
Membre depuis Jul 20, 2020
277 messages
Dec 19 2020 at 01:36
Fixed spread favorable to me. If there is a fixed spread, the analysis gives an idea about the risk-reward.
donelderly
Membre depuis Nov 12, 2020
21 messages
Dec 29 2020 at 13:04
Gracewilson1995 posted:
I prefer variable spreads over fixed spreads
I agree that fixed spreads mean more transparency. Every time I trade, I already know what I will have to pay in the end. This gives a lot of confidence and clarity to me when I am trading.
Stonesong
Membre depuis May 13, 2020
100 messages
Dec 29 2020 at 19:14
The spread on the exchange is set by the broker. Depending on the type of account, traders have different spreads. I am satisfied with a spread of 0.2 pips from Amarkets
jamesmaxwell52
Membre depuis Nov 12, 2020
31 messages
Dec 30 2020 at 04:55
Choosing fixed spreads or variable spreads depends on the situation I am in. When I will be entering and exiting a trade in a few hours, I prefer fixed spreads and when it is about making a long-term investment, I go for variable spreads.