Is there any broker that offers good spreads even on cross pairs? Would love to know the brokers and the pairs traded.
Jul 19 at 12:25
If they have decent spreads on majors then chances are they are competitive on crosses.
If you can't spot the liquidity then you are the liquidity.
I am trading EURGBP, EURCHF, and CADJPY with fxview and xm. Both offer tight spreads.
You can try FP Markets because I trade with them using the EURGBP and the spreads are lower starting from 0.0 pips, the commission cost is also lower at $6 per round lot.
Jul 29 at 11:16
I think ecn brokers would be the best for trading cross pairs, as they offer tight spreads on pairs.
Jul 29 at 11:19
Cross pairs don’t have as much liquidity as major pairs, so the spreads will always be higher compared to major pairs.
Which pairs are you looking at? I have restrained from trading cross pairs until now, but if there is any good opportunity, I’d like to take it as well.
Spreads with coinexx and lmfx are pretty good even for cross pairs. Can give any of these a whirl.
I recommend trading with FP Markets for cross pairs because I trade with them using EURGBP and CADJPY, the spreads average from 0.1 to 0.3 for most parts of the day and the commission cost is only $6 per turn lot.
blancheklein posted:Thanks for the info! Can you recommend some good ecn brokers that you know or currently trading with?
I think ecn brokers would be the best for trading cross pairs, as they offer tight spreads on pairs.
blixtpiece posted:I’m not interested in trading those 7 currency pairs with USD in them atm. Moreover, cross pairs present traders with more opportunities. I’m aware of the volatility factor, but it’s better than seeing the sideways trend.
Cross pairs don’t have as much liquidity as major pairs, so the spreads will always be higher compared to major pairs.
brianna posted:I’d like to trade these pairs for now - GBP/JPY, AUD/CAD, and EUR/CHF. I’d suggest you only trade crosses if you understand the economics behind the currencies.
Which pairs are you looking at? I have restrained from trading cross pairs until now, but if there is any good opportunity, I’d like to take it as well.
Aug 08 at 11:16
For cross pairs, I suggest trading with ECN brokers since their spreads are tighter. I trade with FP Markets using JPYUSD and the spreads average around 0.1 to 0.3 pips for most parts of the trade, with a commission cost of $3 per lot.
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