what kind of spreads do you look in a broker

Sarjohn posted:
I would prefer variable and tight spreads starting from 0.0 pips and commission should be low.

do these kind of brokers usually exists?

UweMoench posted:
Personally I like zero spreads account where spreads starts from zero. I am ready to give commission. But trade execution should be instant without any requote.

Do you have any broker in mind offering such a trading environment? I also prefer low spreads but if low spreads come along with low commissions its like a cherry on the cake

In principle, even the floating spread suits me, the most important thing is that it was quite minimal.

I'm a scalper the main criteria I look for in a broker is tight spreads in major currencies like EURUSD, JPYUSD and others with lower commission cost and faster execution speed.

Bradley88 posted:
I'm a scalper the main criteria I look for in a broker is tight spreads in major currencies like EURUSD, JPYUSD and others with lower commission cost and faster execution speed.

100% agree, and not many brokers offers such, under regulated ones fxview is good, on commissions end.

richardmarcus posted:

Sarjohn posted:
I would prefer variable and tight spreads starting from 0.0 pips and commission should be low.

do these kind of brokers usually exists?

Yes there are many ECN brokers who offer variable and tight spreads.

Sarjohn posted:

richardmarcus posted:

Sarjohn posted:
I would prefer variable and tight spreads starting from 0.0 pips and commission should be low.

do these kind of brokers usually exists?

Yes there are many ECN brokers who offer variable and tight spreads.

Can you name some?

you should choose the broker which is more appropriate to the concept of trading that will be used , if love doing scalping should choose the broker which allows trading concept such as this.

For my trading I like zero spreads account. I have noticed that even after giving commission zero spread account is profitable. Because in standard account spreads is higher.

I take low spreads every time. If bid and ask are very close then it makes trading decisions easier to quickly understand. The commission is just fee for trading and can be added at the end

Of course, we always strive to choose the minimum spread so that trading is normal, and it does not affect it.

I always prefer tight spreads or raw spreads over fixed spreads. It helps me to keep up with my profits and not let the spreads eat huge chunks from my gain.

lowest spreads are the best

ele020 posted:
I always prefer tight spreads or raw spreads over fixed spreads. It helps me to keep up with my profits and not let the spreads eat huge chunks from my gain.

Oh I see looking for a broker having these kind of spreads, any suggestions?

I prefer floting spreads then fixed spreads. Good broker gives you zero spreads account with commission. But I found it profitable than no commission account. In no commission account usually spreads are higher.

I noticed that the fixed time is quite high, which is why I am satisfied with the floating spread from the Amarkets broker, which starts from 0.2 pips, and this is enough for you to trade.

richardmarcus posted:

ele020 posted:
I always prefer tight spreads or raw spreads over fixed spreads. It helps me to keep up with my profits and not let the spreads eat huge chunks from my gain.

Oh I see looking for a broker having these kind of spreads, any suggestions?

Yes, currently I am trading with and they are good so far. You can try them out. IC markets is also good.

Typically, it seems like you get high spreads and low commission costs or low commission costs and high spreads. My broker doesn’t charge commission and they also have lower than average spreads, so that’s what I’m sticking with from here on out.

I prefer lower spreads and commissions over anything, that’s why I’m using turnkeyforex.