Money Morkel Posted August 24, 2016 Report Share Posted August 24, 2016 Spreads is mainly considered as an important financial tool which an investor should consider when choosing a broker.   We the traders have to choose in the broker which for all time make user best trading environment for using nay kinds of trading strategies by providing lowest trading spreads.       Quote Link to comment Share on other sites More sharing options...
binaryowner Posted August 24, 2016 Report Share Posted August 24, 2016 Its not financial tool its a trading costs we pay to get access to the currency markets. Though I use zero spread account with Hotforex which offers raw spread+commission. Quote   Quote Link to comment Share on other sites More sharing options...
Joy Bahadur Posted August 25, 2016 Report Share Posted August 25, 2016 As a scalper, I have been using MXTrade trading broker from my first day of trading due to only one pip lowest trading spreads which is very supportive to make profit with certainly by using any kinds of trading strategies with scalping that brings profit in a short time. so, my trading life is very much profitable. Quote Link to comment Share on other sites More sharing options...
Bevan Congdon Posted May 12, 2017 Report Share Posted May 12, 2017 A spread tracks the refinement between the cost of whatever it is you are long and whatever it is you are short. Along these lines the hazard changes from that of enormous worth precariousness to that of the refinement between the two sides of the spread. Low spread is useful for scalping. It gives a merchant an additional edge.In the Forex world, there are two sorts of spreads offered by Forex Brokers towards their traders. This suggests they can trade contract on a Fixed spread or Variable spread so to speak. There are various traders that will open an account with a specific Broker essentially in view of the spread sort that the Broker offers. I am a binary options trader. On the off chance that you are included with binary options trading, you can open an account with lxmarkets.com Quote Link to comment Share on other sites More sharing options...
Mehraj Hossain Posted May 14, 2017 Report Share Posted May 14, 2017 The difference between ask and bid price is called spread. It represents brokerage service costs and replaces transaction fees. Spread is traditionally donated in pips- a percentage in point, meaning fourth decimal place in currency quotation. Every market has spread and so does Forex. It is likely to a commission. Lowest spread is preferable to every trader. Trade12 offers the lowest spread in their currency pairs including metals and they take the lowest transaction fees. Quote News Trading Broker Link to comment Share on other sites More sharing options...
Josheb Fredy Posted May 14, 2017 Report Share Posted May 14, 2017 Spread is important, but spread alone is not any big deal. We need to make sure we go with broker that we can rely and trust upon, as only then we will be able to gain and succeed. I am with the best in FreshForex, as they are highly rated and have excellent luxuries. This count for zero spreads, over 120 instruments, mega rebate and all such themes, it’s fabulous! Quote Link to comment Share on other sites More sharing options...
ForexMartTrader Posted May 29, 2017 Report Share Posted May 29, 2017 A broker that has low spread across all currency pairs is preferable to a forex trader, as the cost of transactions will be reduced during forex trading leaving you with more financial resources. Quote https://www.forexmart.com/register?id=ZERJM  https://www.facebook.com/ForexMart Link to comment Share on other sites More sharing options...
Mehraj Hossain Posted May 29, 2017 Report Share Posted May 29, 2017 Spread can be simply defined as the basic difference between ask and bid price. It is a commission taken by FX brokers. Several brokers charge several amount of spread. Because a broker’s earning rely on this spread. Some brokers take high spread and some take low spread. Low spread indicates to low transaction cost. So every trader prefers it more. The ECN broker called Trade12 takes the lowest spread from their traders. Quote News Trading Broker Link to comment Share on other sites More sharing options...
Justin Vaughan Posted May 31, 2017 Report Share Posted May 31, 2017 Many trader consider spreads while choosing there broker. Because spreads is an important trading tool. But only spread is not a big thing. Trader should select a broker who will provide lowest trading spreads. Because if a trader earn huge profit but they do not provide lowest spreads. Then the profit actually do not work at all. I am with TryMarkets who is providing variable spreads facility which is maximum 0.3 pips. Quote Robust trading platform offers a broad range of tradable instruments. Link to comment Share on other sites More sharing options...
Mehraj Hossain Posted June 1, 2017 Report Share Posted June 1, 2017 Spread can be simply defined as the basic difference between ask and bid price. It’s a commission taken by broker considered as the most important topic in Fx market. Lowest spread is known as favorable to the traders. So all traders seek for this advantage. Only some reputed brokers take low spread from their traders. Like I am trading with an ECN broker called Trade12 offers the lowest spread to the traders. Quote News Trading Broker Link to comment Share on other sites More sharing options...
Simon Davis Posted June 2, 2017 Report Share Posted June 2, 2017 I think you need to be very wise with brokers, as it’s very common to see brokers charging low spreads and in hidden way they charge huge commission, so got to be very sure with doing things. It is important to have broker that have good facilities not just make up. I am with FP Markets; it’s good in every possible way. They are awesome with having ultra-tight spreads from 0 pips, over 1000 instruments, lightning fast execution and much more, it’s all very cool. Quote Link to comment Share on other sites More sharing options...
Mehraj Hossain Posted June 4, 2017 Report Share Posted June 4, 2017 Spread is the most important concept which we consider while choosing broker. It can be simply defined as the difference between ask and bid price. It is also known as commission which is taken by broker. The amount of spread varies from broker to broker. Low spread is mostly preferable to the traders. I have the lowest transaction cost and lowest spread with Trade12 broker which is really impressive. Quote News Trading Broker Link to comment Share on other sites More sharing options...
ForexMartTrader Posted June 4, 2017 Report Share Posted June 4, 2017 Traders that apply scalping strategy will benefit more from trading currency pairs that have low spread than those with high spread, because the are usually in the trade for very few pips in price movement. Quote https://www.forexmart.com/register?id=ZERJM  https://www.facebook.com/ForexMart Link to comment Share on other sites More sharing options...
Luis Suarez Posted July 7, 2017 Report Share Posted July 7, 2017 Spread can be simply defined as the basic difference between ask and bid price. Lowest spread is preferable to the traders because it enhances profit level for the traders. Spread is known as commission which is taken by broker can be small and big too. Those which are reputed brokers provide friendly spread level to the traders. With Evolve Markets broker which is based on bitcoin I have zero spread in all of their accounts. Quote Multiple chart setups Link to comment Share on other sites More sharing options...
Bill Lawry Posted July 18, 2017 Report Share Posted July 18, 2017 Spread is an essential tool of forex trading. It is mostly considered as the most important element in trading system. Spread is like a service charge of a broker. We mainly trade on broker’s provided platform. And for using his platform and taking advantages from them we must pay something and that is called spread. For low spread I like to trade with AAFX. It offers me very low margin of spread like only 1 pip on major pairs.  Quote Link to comment Share on other sites More sharing options...
Alan Benedict Posted July 18, 2017 Report Share Posted July 18, 2017 Spreads are an important part in forex especially for scalpers and day traders who make a living through very small price movements. Saving a few pips by trading with an ecn broker is what I can say the best way to maximize your potential profits. As a day trader, I made the right choice by trading through Trade12. They offer ecn services and the tight spreads they take really made a huge difference. For frequent traders like me, be smart and invest on ecn providers to get the best out of your trades Quote Link to comment Share on other sites More sharing options...
sakura Posted September 6, 2017 Report Share Posted September 6, 2017 Successful traders need aptitude and intelligence to survive in the CFD market. They need complete knowledge of the ups and downs and the ins and outs of the trading trends if they want to prosper. FXB Trading gives all traders the necessary educational documents so that they can learn and be in control of their trades Quote Link to comment Share on other sites More sharing options...
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