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spread question

grp01
Jul 06 2020 at 00:03
2 ieraksti
Hello All, I just recently started trading again after taking a break.

I'm using forex.com and the spreads are just insane!

Can someone pls look at my screenshot and recommend a better broker that accepts clients from the US thanks!

Pielikumi


grp01
Jul 06 2020 at 01:31
2 ieraksti
Just talked to the broker and he said for example the EUR/USD spread is only 1.7, because one pip is .0001 so market watch in MT4 is misleading.

Duktilar
Jul 10 2020 at 06:28
112 ieraksti
In any case, you will be at risk without it is impossible to trade forex. But I can say that with the broker Amarkets you have a chance to minimize this risk

first_time
Jul 10 2020 at 07:20
73 ieraksti
Your broker MT4 is misleading? That is not good.

LeviSievwright5
Oct 02 2020 at 02:23
298 ieraksti
The broker is a very essential subject for trading. If the broker's spread is good, many benefits can be gained. Market maker broker spreads are usually not good. Details about the broker should be known before investing in trading.

EbonyJones
Oct 02 2020 at 11:20
232 ieraksti
High spreads is the most disgusting thing in trading. To select a low spread broker you can visit those websites that provide broker reviews n their sites.

Shelby10
Oct 02 2020 at 19:47
140 ieraksti
As a trader, I always try to trade with those brokers that have low spreads.

Malajind
Oct 05 2020 at 05:47
75 ieraksti
It is important to choose a broker who will provide services that will not particularly affect trading.

niceGLer
Oct 05 2020 at 07:07
168 ieraksti
Well.. Spread eats profits, and destroys many otherwise good strategies. Move higher. Some Market Makers offer many other good features, like guaranteed stop loss, and zero negative balance. I wouldn't blindly stare at nominal spread, since there is also a phenomen called slippage, which is essentially a hidden part of the spread.

JosefK
Oct 05 2020 at 09:49
28 ieraksti
grp01 posted:
Hello All, I just recently started trading again after taking a break.

I'm using forex.com and the spreads are just insane!

Can someone pls look at my screenshot and recommend a better broker that accepts clients from the US thanks!


Oanda

Russel Gutierrez (russellgutierrez)
Oct 14 2020 at 10:33
56 ieraksti
1.7 is something I would still consider high. Fxview gives me 0.0 pips as spreads (on some currency pairs) and with XTB’s standard account the spreads start from 0.9 pips. So you could still explore some more options.

Duktilar
Oct 19 2020 at 04:55
112 ieraksti
I can say that you can find a broker with lower spreads, this will be a significant plus for trading.

Wreeves
Oct 19 2020 at 10:40
11 ieraksti
use the spread comparison tables on myfxbook and then compare the reviews of those brokers (also on myfxbook). You will find a suitable broker

SofieAndreasen
Oct 04 2021 at 16:36
736 ieraksti
Spreads vary on market condition. Low and tight spreads are better which the broker provides.

LyudmilLukanov
Oct 04 2021 at 17:36
735 ieraksti
Some broker offers fixed spreads. You can also review those.

UweMoench
Oct 05 2021 at 15:27
739 ieraksti
To me floating spreads is good, if it's a zero spreads account. Though even in zero spreads account you will have some spreads but it's less costly than fixed spreads.

Reece Rispoli (reece22)
Oct 12 2021 at 19:04
67 ieraksti
grp01 posted:
Hello All, I just recently started trading again after taking a break.

I'm using forex.com and the spreads are just insane!

Can someone pls look at my screenshot and recommend a better broker that accepts clients from the US thanks!


I try to trade with those brokers that have low spreads.

AlexWood
Nov 12 2021 at 11:56
14 ieraksti
There are plenty of brokers nowadays actually and all of them offer exclusive conditions. It's difficult to help you to determine which broker will suit you most, beause every trader has his/her own needs in brokers. In your case you should pay attention to those brokers, which have tight spreads. However, if they have tight spreads, perhaps they will have commissions on withdrawals and transfers, because brokers also want to earn money. They offer you platforms for earning money, and you pay them back by commissions or spreads. So, here everything is difficult, but there are brokers with tight spreads I'm sure.

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