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-   -   Which broker has the lowest spread? (https://www.forexlasers.com/forums/broker-talk/2488-broker-has-lowest-spread.html)

unclegober 27-01-2015 09:00

Which broker has the lowest spread?
 
Hello everyone, i want to ask you which broker you are currently trading and what is the spread it has? I have been trading with Tickmill and it has one of the lowest spread for almost all pairs and also keep in mind that there are many brokers who does offer low spread but whenever there is a good chance to trade it jumps up seriously high but with Tickmill it stays same for almost every situation.

edojoker 27-01-2015 11:06

Re: Which broker has the lowest spread?
 
I never trade in Ticmil. How many years have you been trading there??
For low spread, I used NDD and PAMM account in Liteforex broker. Its floating spread, and I like so much this account type. I can make order not less than 1 pips.

unclegober 02-02-2015 10:01

Re: Which broker has the lowest spread?
 
Quote:

Originally Posted by edojoker (Post 23343)
I never trade in Ticmil. How many years have you been trading there??
For low spread, I used NDD and PAMM account in Liteforex broker. Its floating spread, and I like so much this account type. I can make order not less than 1 pips.

I have over 3 years of trading in tickmill. Previous Tickmill is Armada Markets where the Armada is now become a liquidity provider. trading conditions have not changed during this despite the change of name of the broker

unclegober 30-03-2015 07:31

Re: Which broker has the lowest spread?
 
Check TICKMILL current LIVE spread here.

As top traders make hundreds, some even thousands of trades per day then low spreads are absolutely critical to achieve higher profitability.

Let's imagine that the same trader has also a trading account with another FX broker named BobFX and their average spread is 2 pips. The spread cost per on lot of EUR/USD would be 20 US dollars. As he made 100 trades then the total spread cost for him would be 100 * 20 USD = 2,000 US dollars.

So, at TICKMILL your spread cost for 100 trades would be 100 US dollars, while at BobFX it would be 2,000 US dollars or 1,900 US dollars more. This means that also your profit at BobFX would be 1,900 US dollars less compared to TICKMILL.

unclegober 29-05-2015 04:01

Re: Which broker has the lowest spread?
 
Low spreads helps traders to be able to maximize the ability to the maximum. now I get low spreads in TICKMILL. spreads are needed by traders to do scalping to Achieve maximum profit. this is usually the main thing when traders decide to choose the right broker for scalping. based on my experience, Armada Markets gives traders especially for scalpers with very good platforms.

vmusci87 03-06-2015 07:10

Re: Which broker has the lowest spread?
 
Check real spread from all brokers here:
Spreads | Myfxbook

Some brokers offer zero spreads, it's lowest.

piplaser 13-08-2015 09:42

Re: Which broker has the lowest spread?
 
I have never used Tuckmill but I've used Liteforex. Although the spreads at Tuckmill were pretty tight, they are not as tight as the once for the broker I use now!

unclegober 28-08-2015 06:13

Re: Which broker has the lowest spread?
 
one way to choose a broker is to perform tests against the broker. You can test your brokers by opening a demo account. Although demo account is not with real money it however gives you access to real trading conditions and allows you among other things to see the spreads of the broker, the speed of order execution, reliability of trading platform, etc. I recommend Tickmill. The broker has a very convenient facility for the type of traders who use scalping method that requires execution speed and low spreads. in addition, the broker gives you the freedom to traders to make a profit without any limitations (time, how to trade and others).

wuxiami 07-09-2015 09:13

Re: Which broker has the lowest spread?
 
For floating spread, lowest spread is o pips, and if your broker always could provide 0 pips when market flat, it should be good broker.

unclegober 18-09-2015 03:41

Re: Which broker has the lowest spread?
 
Quote:

Originally Posted by wuxiami (Post 25838)
For floating spread, lowest spread is o pips, and if your broker always could provide 0 pips when market flat, it should be good broker.

Yes you right, That is a good option for us which choose the broker who has a lowest spread. Many brokers criteria that must be considered. I now choose a broker of the system as well as trading conditions that give the best benefit to me. I now use a scalping system to trade. to do scalping require server speed and accuracy of execution without requotes.

PapiaKhatunAsha 08-08-2017 07:53

Re: Which broker has the lowest spread?
 
I always feel that spread alone doesn’t make any broker great or even great. So, after all that I will say FrehForex, as they do have zero spreads, but their overall quality of schemes is simply unmatchable and is what makes them so very special. So, we definitely need to have quality broker to work out things not just one or two features.

ape 28-09-2017 19:16

Re: Which broker has the lowest spread?
 
I see with no com , the lowest spread of eur/usd is 1.2, anyone know another better spread broker?

alextrader79 12-12-2017 12:44

Re: Which broker has the lowest spread?
 
Well, I don't think that choosing the lowest spreads will be a great option when you find out that some scam broker doesn't allow you to withdraw the money.
So, it's not the main thing to consider while choosing a broker...

chin100 07-03-2018 15:06

Re: Which broker has the lowest spread?
 
There are many forex brokers available in the market nowadays, so plenty of choice. The broker OBVIOUSLY should have low spread and great customer support!

piplaser 08-03-2018 17:33

Re: Which broker has the lowest spread?
 
If you trade stock and indices, then which broker would you guys recommend? Need to have very low commissions and very tights spreads on these indices.


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