zero spread brokers needed

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

That's what I'm thinking. That would have been much better.

Alberncon posted:
I'm a scalper looking for broker recommendations that offer zero spreads in EURUSD with ASIC or FCA regulation?

Zero spreads brokers often take the commission. So, in the end, all are the same.

FXOpen provides variable spread from zero on ECN account, but I have no experience trading in ECN account still work in STP account with variable spread, ECN usually take a commission from every trades made by traders.

There is no such thing zero spreads broker, atleast not to my knowledge. The lowest I’ve seen - goes as low as 0.1 pips and commission are quite low.

Indeed, you will find a broker with zero prev. But Amarkets has a fairly narrow spread, and this is quite profitable.

I think you should compare fixed spread brokers and variable spread brokers to get a good idea about them. They both have their own advantages and you can speed up your decision making process by analysing the importance of spread types.

Lower spreads are possible only when the market is at its most active, during high liquidity periods. And I’ve found that variable spread brokers like turnkeyforex are better off as you can find spreads as low as 0.1 pips with them on the major currency pairs. Fixed spread brokers however are unable to offer such tight spreads.

i am completely new in this forum , if brokers provide 0 pip spreads how do they profit ? because only by spreads broker earn their profit.

Davidfx89 posted:
the broker who provides 0 pip spreads , i think its all about marketing approach , nothing without it.

Agree... it's just a marketing ploy

Just realistic, but looking at the conditions that brokers offer, that's why I work with Amarkets, because it offers a spread of 0.2.

0 pips is no marketing gimmick, I trade with the broker and they have good spreads from 0.0 pips to 0.2 pips when the liquidity in the market is in the right condition. Can’t expect tight spreads at all times.

Scalping is dangerous in accounts with zero spread. Most likely there will be a loss due to incorrectly calculated commissions.

The broker will get there payment even if it claims to be zero spread. Like has been said before the commission will eat all your profit

I like Moneta Markets' ECN account. It has floating 0 pip spread with $3 commission per lot. While there are actually true zero spread accounts there (fixed 0 pip spreads), the catch there is very high fixed commission cost (around $20 per lot). Most zero spread accounts that Forex brokers offer are called ECN accounts, which have floating 0 pip spreads. This means while the spread is still floating, just like in a standard account, it is majority of the time close to zero. The good thing here is it has a lower fixed commission cost than true zero spread accounts. If you ask me which is better (Standard or ECN), it will all boil down to your trading style (how often you trade) and your equity (how big your capital is).

As far as I know, hankotrade is a good zero spread and low commissions broker. They have variable spreads starting from 0.0 pips on ECN account. Sometimes the spread may vary depending upon the market fluctuations but mostly I’ve got tighter spreads.

When they say a zero spread, they don’t mean that you will get zero spreads on every currency pair. It will be occasionally on major currency pairs that you will get low spreads but not zero always.

sometimes i feel the brokers who offering 0 pip trading spreads how they make profit , because by spreads only broker can bring profit .; its all about advertising may be

can someone please explain me about the zero spread concept. If there would be no spreads how will the client make profit or loss?

Daniel993 posted:
Using lower spreads broker is useful when trading during high liquidity periods. I can recommend trading with FP Markets. Their spreads began at 0 pips and are stable even during high liquidity periods.

Yes. You are right.