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Which Spreads ?

Pandapaws
Jul 15 2018 at 06:07
13个发言
Market makers are just like bookies. They will take you money all day long

BaldoN (BaldoN)
Jul 24 2018 at 12:17
522个发言
Yeah, but it is not easy to find them. There is not a broker that will tell you 'I am a market maker' :) But there are some signs to find which brokers are market makers and which- not. One of the most important things is the 'Execution model'. Before starting using any broker, every trader should know what is the execution model of the preferred broker. For example, if the execution model is 'NDD DMA/STP' this means, that the broker don't have Dealing Desk and provides Direct Market Access / Straight Trough Process, therefore such brokers aren't market makers.

TeddyBrendon
Jul 29 2018 at 05:42
7个发言
A good rule of thumb is..

Fixed spreads = Market maker
variable spreads + commission = proper broker

GreatGame
Jul 31 2018 at 14:11
10个发言
What do you mean by proper broke? Do you mean regulated?

BaldoN (BaldoN)
Jul 31 2018 at 14:50
522个发言
TeddyBrendon posted:
A good rule of thumb is..

Fixed spreads = Market maker
variable spreads + commission = proper broker


Well said and true :) Floating spread + separately charged commission is great sign for the broker, that he doesn't win from the traders loses, just from commissions.

TeoJonas
Aug 19 2018 at 07:36
6个发言
TeddyBrendon posted:
A good rule of thumb is..

Fixed spreads = Market maker
variable spreads + commission = proper broker

then what would you like to say about those brokers who offer both fixed as well as variable spreads.

FrozenIcecream
Aug 19 2018 at 14:00
8个发言
Many brokers offer fixed and variable. But if you go with fixed the broker bets against you but if you go variable then it should be ECN which means you are in the market (and is better IMHO)

CarlosMZ (CarlosMZ)
Aug 21 2018 at 06:45
55个发言
Like the others before me said -
Fixed spreads is a sign that that broker is a Market Maker.
Variable spreads = ECN or DMA/STP broker

I'd add just another note - most brokers offer Marked-up spreads (the commission is included in the spread) which makes the spread even bigger.
You should look for brokers that provide Core Spreads (= Market spread) and they will charge commission separately. Which is good because you can clearly see how much is the commission you pay for each trade.

You can read more about those here - https://www.jfdbrokers.com/en/core-vs-marked-up-spreads


Augusto84
Sep 02 2018 at 06:44
9个发言
I know that separate spreads are better but I still prefer it when all the fees are in the spread. It is so much easier to calculate how much the trade costs me

commoyo
Sep 02 2018 at 14:55
2个发言
A good rule of thumb is Fixed spreads = Market maker and variable spreads + commission = proper broker

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