From all trading elements in Forex spreads is mainly considered as an important financial tool which an investor should consider when choosing a broker. If you are a scalper obviously have to make sure a broker which always provides lowest trading spreads which is only way to make profit with surely by scalping that brings profit very rapidly than other trading strategies.
We know that the Limited Mobile Spread is the most recommended to operate in the most optimal way, so try to choose brokers that have that type of system, or in default fixed spreads. But the issue does not end here, it would be good to comment that such spreads work in their brokers, to rescue this thread
Can’t agree more! Wide spreads leave nothing with the broker, I just recently made fresh accounts with hotforex and fxview after realizing how much I was losing on with my previous brokers. Ultimately it is only about commissions and spreads.
Yeah yeah tight spreads are nice but what do you guys think about commission. I really hate when I see a broker what takes commissions on FX. Like FX is so barebones, why do you need to charge that much? IDK...
GabrielFortran posted: Yeah yeah tight spreads are nice but what do you guys think about commission. I really hate when I see a broker what takes commissions on FX. Like FX is so barebones, why do you need to charge that much? IDK...
I get what you're saying, that's why I've always preferred trading on commission free account types.
HIGH RISK WARNING: Foreign exchange trading carries a high level of risk that may not be suitable for all investors.
Leverage creates additional risk and loss exposure. Before you decide to trade foreign exchange, carefully consider your investment objectives, experience level, and risk tolerance.
You could lose some or all of your initial investment. Do not invest money that you cannot afford to lose. Educate yourself on the risks associated with foreign exchange trading, and seek advice from an independent financial or tax advisor if you have any questions.
Any data and information is provided 'as is' solely for informational purposes, and is not intended for trading purposes or advice.
Past performance is not indicative of future results.