0 pips trading spreads

Pikasso posted:

Scalping on a 0 pip spread account isn't a magical guarantee that you will make money as a scalper.
The commissions on the trades are going to be large enough that it will offset the lack of spread.

I can't agree with you. I trade with https://lnkd.in/dQgXBnP and have conditions 0 spread + 0 comis. Look at the screenshot attached.

there is of course comission
Zero Fixed Spread Account

Minimum deposit $500
Ability to trade micro lots

Leverage up to 1:30

Low commissions per lot

Pikasso posted:

Scalping on a 0 pip spread account isn't a magical guarantee that you will make money as a scalper.
The commissions on the trades are going to be large enough that it will offset the lack of spread.

I can't agree with you. I trade with https://lnkd.in/dQgXBnP and have conditions 0 spread + 0 comis. Look at the screenshot attached.

Professional - $7.5/Lot on FX; Gold $10/Lot
Normal - $13.5/Lot on FX; Gold $30/Lot
Affiliate - $18.5/Lot on FX; Gold $40/Lot
Affiliate Plus - $23/Lot on FX; Gold $40/Lot

So there is commission. That is just another way of charging. A zero spread account could be very expensive if they have big commissions

I spoke with the brokerage you claim never charges you a commission or spread this morning.

You are incorrect.

Even on their '0 spread and 0 commission' account as you claim, there is still a spread.
The spread is DYNAMIC and does in fact exist.

Copy of chat transcript with Gabriel:

Gabriel Hello. How may I help you?

Hello Scott

scott hello, I see that you offer a non-commission account with zero spread for Forex?

Gabriel Yes, for Majors

scott Im confused how you can offer this without making any money on the account from the trader?

Gabriel it is a marketing thing, we have row spread

scott but its advertised as 0 spread? Im confused

I only trade EURUSD

Gabriel it might go as low as 0.0 spread on EURUSD

but the average is around 0.3

the commission is 0 indeed

scott oh ok. So on a 0 spread 0 commission I still pay spread then. Correct? Just making sure I understand

because the spread isn't 0 but variable. Correct? Read

Gabriel it is the lowest spread our liquidity providers are offering

scott 8:57 am ok thank you

You've been proven wrong now. Please stop

Also..... The link you posted is for their live account sign up page using your affiliate id, so while I give you trying to back door your way into a getting a bonus, you're acting in a manner which is questionable at best.

I posted that before finishing.... uhg... It should have read:

The link you posted is for their live account sign up page using your affiliate id.
I give you points for trying to back door your way into a getting a bonus from unsuspecting people who fall for that kind of scam.
However, you're acting in a manner which is questionable at best and most certainly intended for your own benefit.

So please refrain from such actions, it's unethical at best.

Professional4X posted:
Also..... The link you posted is for their live account sign up page using your affiliate id, so while I give you trying to back door your way into a getting a bonus, you're acting in a manner which is questionable at best.

I see! There is nothing like free in World! Logically Zero is not possible in Forex trading!

Spreads can never be 0 all the time, even coinexx offers 0 pip trading, but that’s for majors only and that too happens rare, but have to mention, spreads are tight with them mostly around .1-.2 which is way better what other brokers are offering and the commission is just $2 per lot RT.

yellowman94 posted:
Spreads can never be 0 all the time, even coinexx offers 0 pip trading, but that’s for majors only and that too happens rare, but have to mention, spreads are tight with them mostly around .1-.2 which is way better what other brokers are offering and the commission is just $2 per lot RT.

There are indeed brokers with zero spreads.
But it does not mean zero trading costs.
You always pay for a trade. For example broker charges you comissions.

The difference between 0pip and 0.1-0.2pips is so small that it makes no difference. I would take a well regulated decent broker that offers 0.2pip spread over a scam broker offering 0 pips

BallyLemur posted:
The difference between 0pip and 0.1-0.2pips is so small that it makes no difference. I would take a well regulated decent broker that offers 0.2pip spread over a scam broker offering 0 pips

Just because they are offshore does not mean they are scam. Some brokers are genuinely trying to provide good services to clients all over the world. You know how tough it can be to trade in the US so many traders chose to go offshore. Brokers are just trying to cater the need of every trader that’s it. I know security issue is there but have to compromise somewhere for good trading conditions.

yellowman94 posted:

BallyLemur posted:
The difference between 0pip and 0.1-0.2pips is so small that it makes no difference. I would take a well regulated decent broker that offers 0.2pip spread over a scam broker offering 0 pips

Just because they are offshore does not mean they are scam. Some brokers are genuinely trying to provide good services to clients all over the world. You know how tough it can be to trade in the US so many traders chose to go offshore. Brokers are just trying to cater the need of every trader that’s it. I know security issue is there but have to compromise somewhere for good trading conditions.

Absolutely; till now there so many good broker who are really trying hard to provide a decent trading environment! And I see; after losing money traders have a tendency to blame the broker although; they lost their money because of their own mistakes!