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spread question
Участник с May 25, 2020
2 комментариев
Jul 06, 2020 at 00:03
Участник с May 25, 2020
2 комментариев
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!
Участник с May 25, 2020
2 комментариев
Jul 06, 2020 at 01:31
Участник с May 25, 2020
2 комментариев
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.
Участник с May 24, 2020
112 комментариев
Jul 10, 2020 at 06:28
Участник с May 24, 2020
112 комментариев
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
Участник с Jun 22, 2020
77 комментариев
Jul 10, 2020 at 07:20
Участник с Jun 22, 2020
77 комментариев
Your broker MT4 is misleading? That is not good.
Участник с Jul 20, 2020
298 комментариев
Oct 02, 2020 at 02:23
Участник с Jul 20, 2020
298 комментариев
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.
Участник с Jul 20, 2020
232 комментариев
Oct 02, 2020 at 11:20
Участник с Jul 20, 2020
232 комментариев
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.
Участник с Aug 07, 2020
75 комментариев
Oct 05, 2020 at 05:47
Участник с Aug 07, 2020
75 комментариев
It is important to choose a broker who will provide services that will not particularly affect trading.
Участник с Dec 28, 2013
171 комментариев
Oct 05, 2020 at 07:07
Участник с Dec 28, 2013
171 комментариев
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.
Участник с Feb 28, 2014
28 комментариев
Oct 05, 2020 at 09:49
Участник с Feb 28, 2014
28 комментариев
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
Участник с May 24, 2020
112 комментариев
Oct 19, 2020 at 04:55
Участник с May 24, 2020
112 комментариев
I can say that you can find a broker with lower spreads, this will be a significant plus for trading.
Участник с Apr 03, 2019
11 комментариев
Oct 19, 2020 at 10:40
Участник с Apr 03, 2019
11 комментариев
use the spread comparison tables on myfxbook and then compare the reviews of those brokers (also on myfxbook). You will find a suitable broker
Участник с Jul 23, 2020
759 комментариев
Oct 04, 2021 at 16:36
Участник с Jul 23, 2020
759 комментариев
Spreads vary on market condition. Low and tight spreads are better which the broker provides.
Участник с Jul 23, 2020
869 комментариев
Oct 04, 2021 at 17:36
Участник с Jul 23, 2020
869 комментариев
Some broker offers fixed spreads. You can also review those.
Участник с Jul 19, 2020
751 комментариев
Oct 05, 2021 at 15:27
Участник с Jul 19, 2020
751 комментариев
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.
Участник с Sep 22, 2018
70 комментариев
Oct 12, 2021 at 19:04
Участник с Sep 22, 2018
70 комментариев
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.
Участник с Aug 12, 2020
16 комментариев
Nov 12, 2021 at 11:56
Участник с Aug 12, 2020
16 комментариев
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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