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spread question
Jul 06, 2020 at 00:03
Uczestnik z May 25, 2020
2 postów
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'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!
Uczestnik z May 24, 2020
112 postów
Jul 10, 2020 at 06:28
Uczestnik z May 24, 2020
112 postów
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
Uczestnik z Jun 22, 2020
77 postów
Uczestnik z Jul 20, 2020
298 postów
Oct 02, 2020 at 02:23
Uczestnik z Jul 20, 2020
298 postów
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.
Uczestnik z Jul 20, 2020
232 postów
Oct 02, 2020 at 11:20
Uczestnik z Jul 20, 2020
232 postów
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.
Uczestnik z Dec 28, 2013
171 postów
Oct 05, 2020 at 07:07
Uczestnik z Dec 28, 2013
171 postów
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.
Oct 05, 2020 at 09:49
Uczestnik z Feb 28, 2014
28 postów
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
Uczestnik z May 24, 2020
112 postów
Oct 19, 2020 at 04:55
Uczestnik z May 24, 2020
112 postów
I can say that you can find a broker with lower spreads, this will be a significant plus for trading.
Uczestnik z Jul 23, 2020
759 postów
Oct 04, 2021 at 16:36
Uczestnik z Jul 23, 2020
759 postów
Spreads vary on market condition. Low and tight spreads are better which the broker provides.
Uczestnik z Jul 23, 2020
869 postów
Oct 04, 2021 at 17:36
Uczestnik z Jul 23, 2020
869 postów
Some broker offers fixed spreads. You can also review those.
Uczestnik z Jul 19, 2020
751 postów
Oct 05, 2021 at 15:27
Uczestnik z Jul 19, 2020
751 postów
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.
Oct 12, 2021 at 19:04
Uczestnik z Sep 22, 2018
70 postów
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.
Nov 12, 2021 at 11:56
Uczestnik z Aug 12, 2020
16 postów
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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