zero spread brokers needed

Hi,
Please tell me which zero spread brokers are the most trusted which do you recommend?
Is the zero spread always zero or can it fluctuate throughout the day?

Thank You,
woolkan

Is it actually possible to get a zero spread always?

Always zero spread? No, that is impossible. Basically at zero spread a bid can match an ask always, so even zero spread is kind just a fault of unmatched liquidity for orders.

Gracewilson1995 posted:
Is it actually possible to get a zero spread always?

I do not think so. It is main source of income for a broker.

Yes, it is much better. Zero spread broker is really what every trader needs.

I would suggest you to search for reliable trading conditions overall, rather than just zero spreads. Brokers who claim to offer zero spreads are going to make up for that in one or the other way (higher commissions being one of them), which indirectly will bring you back to the same position. Check brokers like fxview, pepperstone, hotforex, all are good.

Zero spread brokers are not reliable, as they will try to make up for it in some other hidden way.

SofieAndreasen posted:

Gracewilson1995 posted:
Is it actually possible to get a zero spread always?

I do not think so. It is main source of income for a broker.

Yes, what is the meaning of trading if we do not get spreads

AliaDare posted:
Yes, it is much better. Zero spread broker is really what every trader needs.

Care to share which broker is offering that?

I'm currently trading with an ASIC regulated broker FP Markets spreads are really low starting at 0.0 pips for most parts of the day in both major and minor currency pairs.

BarronLucas posted:
I'm currently trading with an ASIC regulated broker FP Markets spreads are really low starting at 0.0 pips for most parts of the day in both major and minor currency pairs.

Really they are offering zero spread on all the pairs? So, what is the commission?

woolkan posted:
Hi,
Please tell me which zero spread brokers are the most trusted which do you recommend?
Is the zero spread always zero or can it fluctuate throughout the day?

Thank You,
woolkan

I'm not aware of a broker that you'll get zero spread from, without paying the equivalent in commissions.

I think such brokers simply do not exist, because this is their earnings, and no one will set it to 0.

even i think they cannot. if they are the spreads might be manipulated.

I suggest FP Markets for lower spreads, it starts from as low as 0.0 pips in most major and minor currency pairs, they also offer lower commission and slippage .

78678676 posted:
Zero spread brokers are not reliable, as they will try to make up for it in some other hidden way.

Actually, every broker can offer zero spread only if they have a reliable ECN account. However, as you said, these brokers do seek commission when you won’t pay for the spread.

Is there any criteria behind selecting forex brokers offering best spreads?

can some one tell me how exactly this 0 spread thing works? how can one trade without the spreads?

Hyalinclay posted:
Is there any criteria behind selecting forex brokers offering best spreads?

There’s no set of rules that you need to follow while searching for brokers. Nevertheless, go for the ones who are regulated. This is one aspect that I personally believe should be considered because we traders have to deal with complicated situations and trading decisions at times and only experienced and knowledgeable forex brokers like fxview, Mitrade, and pepperstone can help us with their 24*5 support team.