Broker with low spreads

Hi traders,

Can anyone recommend a broker with a low spreads and also offering a small account.
Been trading a demo account for almost a year using FXCM,They are good but the
spreads are so high.I am looking to exness now but i want some recommendations.
Anyone ?

Thanks in advance,
Sandeep Ivan Albarillo

I use Pepperstone, ECN Razor Account. Gread spreads, great support and lately slippage has been very good.
I continue to try other brokers, and the longest I lasted with these brokers is a week. Compared to Pepperstone there is daylight between them. Below is a growing list of brokers I've tried and rejected. Usually the slippage is a lot worse and latency is pretty bad, and some have better spreads, some worse but overall nowhere near as good as pepperstone. I remain with pepperstone. Haven't tried Exness so can't comment.

Go Markets
IC Markets
Synergy FX
FX Open
FXCM
Axitrader

Donex posted:
I use Pepperstone, ECN Razor Account. Gread spreads, great support and lately slippage has been very good.
I continue to try other brokers, and the longest I lasted with these brokers is a week. Compared to Pepperstone there is daylight between them. Below is a growing list of brokers I've tried and rejected. Usually the slippage is a lot worse and latency is pretty bad, and some have better spreads, some worse but overall nowhere near as good as pepperstone. I remain with pepperstone. Haven't tried Exness so can't comment.

Go Markets
IC Markets
Synergy FX
FX Open
FXCM
Axitrader

I had very good experience with Pepper as well
But IcMarkets works very well for me too
One of the best is Thinkforex

Donex posted:
I use Pepperstone, ECN Razor Account. Gread spreads, great support and lately slippage has been very good.
I continue to try other brokers, and the longest I lasted with these brokers is a week. Compared to Pepperstone there is daylight between them. Below is a growing list of brokers I've tried and rejected. Usually the slippage is a lot worse and latency is pretty bad, and some have better spreads, some worse but overall nowhere near as good as pepperstone. I remain with pepperstone. Haven't tried Exness so can't comment.

Go Markets
IC Markets
Synergy FX
FX Open
FXCM
Axitrader

Thanks for sharing,Agree with you latecy is very bad on fxcm.

I am looking for a brokers that offers a very small minimum account like $10,Since this is gonna be my first live account.
Hotforex and instaforex are offering a very mall account.If anyone have a feedback on this,please share it :)

Thanks

never ever do anything with Instaforex - biggest scam of all time

It's going to be hard to find a broker with low spreads that accepts $10 as a minimum. Pepperstone and IC markets are good brokers but their minimum is $200. Even if you did trade with them the average margin would already be $3 for a 1000 lot size position of a major currency pair.

There are brokers out there that offer micro accounts but micro accounts have high spreads. But it looks like you may only be practicing on a live account since you will be only be trading with $10 you might as well trade on micro.

you can try roboforex if you are specially to trade EURUSD ...great service...you can withdraw your money within an hour

rvd markets and armada markets are the best........😉😄

ivandeep posted:

Donex posted:
I use Pepperstone, ECN Razor Account. Gread spreads, great support and lately slippage has been very good.
I continue to try other brokers, and the longest I lasted with these brokers is a week. Compared to Pepperstone there is daylight between them. Below is a growing list of brokers I've tried and rejected. Usually the slippage is a lot worse and latency is pretty bad, and some have better spreads, some worse but overall nowhere near as good as pepperstone. I remain with pepperstone. Haven't tried Exness so can't comment.

Go Markets
IC Markets
Synergy FX
FX Open
FXCM
Axitrader

Thanks for sharing,Agree with you latecy is very bad on fxcm.

I am looking for a brokers that offers a very small minimum account like $10,Since this is gonna be my first live account.
Hotforex and instaforex are offering a very mall account.If anyone have a feedback on this,please share it :)

Thanks

I use both of them, both are good but Intaforex is much better if you trade only major pairs (fixed spread of 3 pips , you'll get back 1.7 pips as rebate which means you pay a fixed net spread of 1.3 pips on all major pairs) withdrawal takes about 1 hours to get your money in your wallet (skrill , netteler...etc) no fees for deposit and withdrawal via skrill, no slippage and lately very fast execution. Hotforex has reasonable spreads on minor pairs, they charge 1% fees for withdrawals via skrill! Anyways, they're pretty good; I'm a trader at InstaForex since 3 years ago and I really can't find better.

togr posted:
never ever do anything with Instaforex - biggest scam of all time

Did you try Instaforex and see something wrong? I guess not 😄 because if you tried you won't say this!
The only complaint I saw about Instaforex was from cheaters who try to break the deposit bonus regulation using cheating techniques. Instaforex has never break their agreement, and actualy there's no real complaint about Instaforex except those cheaters. So plz don't accuse companies just like that!

InstaForex = noob broker

I'm with Pepper too... razor account is good.

I may found better with FxOpen... When big news comes up... they provide lower widen spread than Pepper.

FxProdz posted:

ivandeep posted:

Donex posted:
I use Pepperstone, ECN Razor Account. Gread spreads, great support and lately slippage has been very good.
I continue to try other brokers, and the longest I lasted with these brokers is a week. Compared to Pepperstone there is daylight between them. Below is a growing list of brokers I've tried and rejected. Usually the slippage is a lot worse and latency is pretty bad, and some have better spreads, some worse but overall nowhere near as good as pepperstone. I remain with pepperstone. Haven't tried Exness so can't comment.

Go Markets
IC Markets
Synergy FX
FX Open
FXCM
Axitrader

Thanks for sharing,Agree with you latecy is very bad on fxcm.

I am looking for a brokers that offers a very small minimum account like $10,Since this is gonna be my first live account.
Hotforex and instaforex are offering a very mall account.If anyone have a feedback on this,please share it :)

Thanks

I use both of them, both are good but Intaforex is much better if you trade only major pairs (fixed spread of 3 pips , you'll get back 1.7 pips as rebate which means you pay a fixed net spread of 1.3 pips on all major pairs) withdrawal takes about 1 hours to get your money in your wallet (skrill , netteler...etc) no fees for deposit and withdrawal via skrill, no slippage and lately very fast execution. Hotforex has reasonable spreads on minor pairs, they charge 1% fees for withdrawals via skrill! Anyways, they're pretty good; I'm a trader at InstaForex since 3 years ago and I really can't find better.

togr posted:
never ever do anything with Instaforex - biggest scam of all time

Did you try Instaforex and see something wrong? I guess not 😄 because if you tried you won't say this!
The only complaint I saw about Instaforex was from cheaters who try to break the deposit bonus regulation using cheating techniques. Instaforex has never break their agreement, and actualy there's no real complaint about Instaforex except those cheaters. So plz don't accuse companies just like that!

I had real account with instaforex,
execution sucks
spread was high
support was terrible
it is band of ignorants.
The withdrawal took 2 months and lot of time and effort from my side.

CrazyTrader posted:
InstaForex = noob broker

I'm with Pepper too... razor account is good.

I may found better with FxOpen... When big news comes up... they provide lower widen spread than Pepper.

Lol I guess you have no experience with Insta mate😀 and I'm surely you don't have any Idea about it 😈 Am right , eh??
What makes pepperstonne the best broker? Slippage maybe? High spread at news? limit withdrawal methods?? What?

For ECN brokers , there's no better than FXPRO and Ironfx,; But the guy is looking to open a small accout 😉

Spread isn't the only criteria to choose a broker. Anyways, everyone has his favorit broker according to his conditions, so I'll never try to convince anyone to choose his broker 😎

@ Ivan
You can also try XM, it's a great broker too!
Good luck!

Yeah for micro accounts I would rather go with XM. Practice until your PNL gets good then you can transfer to standard ECN account type brokers.

XM has great execution and gives you high leverage when you are still starting out. They also give you 30% bonus on top of your deposit so you can open bigger lot sizes. But don't let it get to your head, you should still trade properly.

togr posted:

FxProdz posted:

ivandeep posted:

Donex posted:
I use Pepperstone, ECN Razor Account. Gread spreads, great support and lately slippage has been very good.
I continue to try other brokers, and the longest I lasted with these brokers is a week. Compared to Pepperstone there is daylight between them. Below is a growing list of brokers I've tried and rejected. Usually the slippage is a lot worse and latency is pretty bad, and some have better spreads, some worse but overall nowhere near as good as pepperstone. I remain with pepperstone. Haven't tried Exness so can't comment.

Go Markets
IC Markets
Synergy FX
FX Open
FXCM
Axitrader

Thanks for sharing,Agree with you latecy is very bad on fxcm.

I am looking for a brokers that offers a very small minimum account like $10,Since this is gonna be my first live account.
Hotforex and instaforex are offering a very mall account.If anyone have a feedback on this,please share it :)

Thanks

I use both of them, both are good but Intaforex is much better if you trade only major pairs (fixed spread of 3 pips , you'll get back 1.7 pips as rebate which means you pay a fixed net spread of 1.3 pips on all major pairs) withdrawal takes about 1 hours to get your money in your wallet (skrill , netteler...etc) no fees for deposit and withdrawal via skrill, no slippage and lately very fast execution. Hotforex has reasonable spreads on minor pairs, they charge 1% fees for withdrawals via skrill! Anyways, they're pretty good; I'm a trader at InstaForex since 3 years ago and I really can't find better.

togr posted:
never ever do anything with Instaforex - biggest scam of all time

Did you try Instaforex and see something wrong? I guess not 😄 because if you tried you won't say this!
The only complaint I saw about Instaforex was from cheaters who try to break the deposit bonus regulation using cheating techniques. Instaforex has never break their agreement, and actualy there's no real complaint about Instaforex except those cheaters. So plz don't accuse companies just like that!

I had real account with instaforex,
execution sucks
spread was high
support was terrible
it is band of ignorants.
The withdrawal took 2 months and lot of time and effort from my side.

Ohh,, that's really a bad experience, I'm so sorry. But actually nothing of what you have mentionned happens with me, so maybe things changed? I don't know, but I have no problem with them!

About the execution, yes it was slow, but lately it becomes very fast, as fast as fxpro and some other good brokers,,, it won't cost you anything if you try it in demo!
Spread is 3 pips- 1.7 pips rebate = 1.3 pips fixed spread for all major pairs ( No slippage, no high spread in high volatility caused by big news)
They have a very good support, everyone can check it by himself; it's easy I guess!
My money takes usually less than 2 hours to reach my Skrill, sometimes it takes only 20 minutes! Bank wire doesn't exceed 5 days!

There's no perfect broker, so the most important thing is to be confortable with your broker. I hope everyone is doing great and happy with his broker!

Thanks for sharing guys,Okay instaforex is not in my list now.How about hotforex?

or oanda ?

FxProdz posted:

CrazyTrader posted:
InstaForex = noob broker

I'm with Pepper too... razor account is good.

I may found better with FxOpen... When big news comes up... they provide lower widen spread than Pepper.

Lol I guess you have no experience with Insta mate😀 and I'm surely you don't have any Idea about it 😈 Am right , eh??
What makes pepperstonne the best broker? Slippage maybe? High spread at news? limit withdrawal methods?? What?

For ECN brokers , there's no better than FXPRO and Ironfx,; But the guy is looking to open a small accout 😉
ing [the
Spread isn't the only criteria to choose a broker. Anyways, everyone has his favorit broker according to his conditions, so I'll never try to convince anyone to choose his broker 😎

@ Ivan
You can also try XM, it's a great broker too!
Good luck!

Thanks bro,is xm really trusted because there is some bad feedback about them.

Just for fun comparison: FxOpen vs Pepperstone (both ECN account)

'Spread' is screen shot of current spread 17 min after Market opened today.
'MAXS' is the highest spread recorded since market opened.

ivandeep posted:

Thanks bro,is xm really trusted because there is some bad feedback about them.

Don't believe all what you read in forums and sites; If you follow them you'll think that all brokers are scam!

XM is a great broker; fully regulated ( by FCA and CySec). Maybe they don't offer a competitive spreads but they're a good broker!