kaito kid Posted September 9, 2014 Posted September 9, 2014 This is an all-purpose account type that enables traders execute their trades with no spread. It helps beginner traders get familiar with the market conditions easily, and allows professional traders to apply profound technical analysis with its maximum efficiency. Initial deposit $500 Fixed spread 0 pips Commission for order opening Minimal lot size 0.01 5-digit precise quotes Trade with any advisors and strategies Fast STP order execution starting from 0.3 seconds Quote
garuk Posted September 11, 2014 Posted September 11, 2014 a new type of account? I've seen the term account with a zero spread. others typically use a spread plus commission for ECN accounts and of course used also low spreads. what benefits I get by using this account type Quote
standart Posted September 11, 2014 Posted September 11, 2014 its really good if broker offering zero spread. scalper will like that since target will being hit very fast. however, I do believe that spread is part of brokers commission. and transaction fee too. so, I am sure that zero spread is not fix spread. but dynamic spread. it will raise high when high news impact released, or when market start to be volatile since many transaction made on the market. Quote
skyrock Posted September 12, 2014 Posted September 12, 2014 Am very suprise about this and how the broker is able to earn his commision here because its the spread that is always the broker commission so for you to chose the broker that best suit you spread is one of the qualiity which you must check Quote
standart Posted September 12, 2014 Posted September 12, 2014 if traders want to catch quick profit, zero spread advantage for sure. I am little bit surprised actually when brokers set zero spread on an account. since spread basically is brokers commission. however, we are not necessary to think about. as far as brokers give advantage, we need to take. Quote
kaito kid Posted September 23, 2014 Author Posted September 23, 2014 his is an all-purpose account type that enables traders execute their trades with no spread. Spread value is 0 on all currency pairs. It helps beginner traders get familiar with the market conditions by trading on an intuitively clearer system of order processing with no spreads charged. Professional traders gain an opportunity to apply profound technical analysis with its maximum efficiency. you can checking the spread and commision in here Quote
uncle gober Posted September 25, 2014 Posted September 25, 2014 Trading without spreads is fun, but with a large commission certainly would make it uncomfortable. I myself use an ECN broker that provide small commission with low spreads. my broker initially taking comission 2 per lot (0.0020% notional) Quote
zeeshan143 Posted September 25, 2014 Posted September 25, 2014 A New Type of Account? I've seen the term Account with a zero spread. others Typically use a spread plus commission for ECN Accounts and Of Course Used Also Low Spreads. what benefits I Get By Using this Account Type >.. Quote
budado Posted September 27, 2014 Posted September 27, 2014 Its best to keep on trading. The more money we have the more likely we can end up having good trading capital. My main goal and objective in forex trading is clear. We need to make sure that we can handle our trading account properly. So we must focus now on building our trading account and hope to make big profit in here. This is what forex trading is all about. Quote
luckyvoy Posted September 27, 2014 Posted September 27, 2014 Trading without spreads is fun, but with a large commission certainly would make it uncomfortable. I myself use an ECN broker that provide small commission with low spreads. my broker initially taking comission 2 per lot (0.0020% notional) Yes zero spread does not mean free trading here, in fact no broker will allow us to trade until he gain something in return, by charging more commission there remain no such benefit of getting a 0 spread trading. So chose broker that has low spread and no commission for opening closing orders. Quote
kaito kid Posted September 30, 2014 Author Posted September 30, 2014 Yes zero spread does not mean free trading here, in fact no broker will allow us to trade until he gain something in return, by charging more commission there remain no such benefit of getting a 0 spread trading. So chose broker that has low spread and no commission for opening closing orders. I think the low spreads are spreads which are given in units of the trader with micro lots. but if we use the unit standard lots, the spread would also be great. therefore, no broker commission, would have a large spread calculation if we use the standard lot unit Quote
skyrock Posted October 2, 2014 Posted October 2, 2014 This will have to depend on your broker first if he really support such services if he support trading with zero spread then you can go for it if not there is no way which you could expect to make such service available for you Quote
garuk Posted October 2, 2014 Posted October 2, 2014 if we like to use the account without spread the "zero spread" is suitable as an account of our choice. you just type in google and I am sure you will get the option. Quote
budado Posted October 9, 2014 Posted October 9, 2014 Theirs always a reason why its has zero spread. Its either its going to charge use commission fees or what. But for me as long I am earning good in forex trading I am happy with a 2 to 3 pips spread. I don't like zero spread because of its hidden fees. I prefer and comfortable trading with a fix spread. Quote
myregister Posted October 20, 2014 Posted October 20, 2014 I think Zero spread account and fixed one is not a non-dealing desk broker. For sure it's already dealing desk where broker will against its trader to make profit. I don't recommend this type of broker if not clearly regulated, i prefer broker that does not against its trader which must be offers non fixed spreads. Quote
Andy Posted October 20, 2014 Posted October 20, 2014 We all know that a broker makes his money mainly from the spread while there are some brokers that trade against our trades and make money when we lose our and one more way brokers earn money is through the commission they charged from us. So there is no way possible for any legitimate broker to have no spread or commission if anyone claims no spread then he must have commission and honestly both are mostly the same thing. I trade with OctaFX where there is only 0.2 pips spread which is taken and there is no extra or hidden commission charged from us so we can trade with a clear mind and don't have to worry about those magical fees that some brokers add to steal our money and just because of this amazing service by OctaFX they also have been rewarded with Best Customer service award. Quote
myregister Posted October 21, 2014 Posted October 21, 2014 We all know that a broker makes his money mainly from the spread while there are some brokers that trade against our trades and make money when we lose our and one more way brokers earn money is through the commission they charged from us. So there is no way possible for any legitimate broker to have no spread or commission if anyone claims no spread then he must have commission and honestly both are mostly the same thing. I trade with OctaFX where there is only 0.2 pips spread which is taken and there is no extra or hidden commission charged from us so we can trade with a clear mind and don't have to worry about those magical fees that some brokers add to steal our money and just because of this amazing service by OctaFX they also have been rewarded with Best Customer service award. Does the spread in OctaFX fluctuated or just fixed? and i think what Thread Starter here means the spread like what you talking about. he put " between Zero Spread means that maybe the spread is around 0.1 up to 0.9 or only fixed to around 0.X. Unless that broker is ECN that also offers comission i think they are really dealing desk broker which is not suitable for me. Quote
budado Posted October 23, 2014 Posted October 23, 2014 We all know that a broker makes his money mainly from the spread while there are some brokers that trade against our trades and make money when we lose our and one more way brokers earn money is through the commission they charged from us. So there is no way possible for any legitimate broker to have no spread or commission if anyone claims no spread then he must have commission and honestly both are mostly the same thing. I trade with OctaFX where there is only 0.2 pips spread which is taken and there is no extra or hidden commission charged from us so we can trade with a clear mind and don't have to worry about those magical fees that some brokers add to steal our money and just because of this amazing service by OctaFX they also have been rewarded with Best Customer service award. Your post has no connection to this thread. This thread is about zero spread. even if its 0.2 spread its still not zero spread. So I think its best that you post your post in proper thread. This is consider an advertisement and high jacking a thread if you ask me. Quote
rexway Posted October 24, 2014 Posted October 24, 2014 There is no point for doubting there are some zero spread account in the forex market because forex is really so risky so we need to learn how to trade and use google to search the account that is accepting zero spread Quote
myregister Posted October 27, 2014 Posted October 27, 2014 There is no point for doubting there are some zero spread account in the forex market because forex is really so risky so we need to learn how to trade and use google to search the account that is accepting zero spread There is no point for you, but here zero spread account seems not normal if that is fixed one. We already sure that is dealing desk which against the trader, even you are super hero if your broker is against you, then you will have problem, and they love if you are losing your money. As for floating zero spread account usually it is ECN type broker, but it still has comissions even the spread is zero and sometimes the spread also rise if that must be rise, but not that high. Quote
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