pepy Posted April 21, 2016 Share Posted April 21, 2016 To be honest, broker with the lowest spread is fixed spread broker since you can find most or all of them use very low fixed spread to attract more clients to join and use their services. The most popular type of those fixed spread brokers are zero account, or the account where your spread is very low (0.xxx) because of that zero nature marketing people fall for it, most of them. Quote Link to comment Share on other sites More sharing options...
LuckyHunter Posted April 29, 2016 Share Posted April 29, 2016 Already get the best trading condition in my broker. Even in Freshforex, you can trade without requote. You can use all sorts of trading strategies and know in advance the price of a trade in Classic account, because FreshForex transferred Classic accounts from instant to market execution Quote Link to comment Share on other sites More sharing options...
Levie Posted April 29, 2016 Share Posted April 29, 2016 Low spread is good for the trader who want to do scalping technic. I like trading with ECN/STP account in Tickmill. ECN/STP model provides clients with direct access to the other Forex market participants (retail and institutional). Broker do not compete with clients or even trade against them. This grants clients more advantages over dealing desk market makers. Quote Link to comment Share on other sites More sharing options...
radex78 Posted April 30, 2016 Share Posted April 30, 2016 Low spread is good for the trader who want to do scalping technic. I like trading with ECN/STP account in Tickmill. ECN/STP model provides clients with direct access to the other Forex market participants (retail and institutional). Broker do not compete with clients or even trade against them. This grants clients more advantages over dealing desk market makers. Yes if trader having tendencies to trade with scalping trading hence they will look on broker that offer low spread, and this of course will giving benefit for trader because to recover spread fee only need few pips movement, and if trader want to seeking broker low spread they can visit website each company and making comparison, forexmart also offer low spread Quote Link to comment Share on other sites More sharing options...
pepy Posted May 2, 2016 Share Posted May 2, 2016 Low spread is good for the trader who want to do scalping technic. I like trading with ECN/STP account in Tickmill. ECN/STP model provides clients with direct access to the other Forex market participants (retail and institutional). Broker do not compete with clients or even trade against them. This grants clients more advantages over dealing desk market makers. Since the scalpers need it then i think nothing wrong with it and so do people who want long term trading will prefer to pick the pair which give them a competitive rate. STP is typically higher than ECN broker, and over all brokers ECN which has the lowest spread but if you count dealing deks broker some of them are the lowest with zero fixed spread. Quote Link to comment Share on other sites More sharing options...
myregister Posted May 6, 2016 Share Posted May 6, 2016 Since the scalpers need it then i think nothing wrong with it and so do people who want long term trading will prefer to pick the pair which give them a competitive rate. STP is typically higher than ECN broker, and over all brokers ECN which has the lowest spread but if you count dealing deks broker some of them are the lowest with zero fixed spread. As far as i know that is true, most STP broker has relatively higher spread compared to ECN or DMA. Most of them (traders) actually don't know it because they rarely see the spread difference between one broker to the others. As for DD broker, some of them even has high spread rate especially if you nearly reach your TP. Quote Link to comment Share on other sites More sharing options...
radex78 Posted May 6, 2016 Share Posted May 6, 2016 Usually almos t scalping trader they will seeking broker that has offer low spread and also good quality server broker because scalping required fast execution and if faced with requote ot will disturbing their plan, they can check out broker that offer low spread and might can trying on demo account frst to trying service Quote Link to comment Share on other sites More sharing options...
uncle gober Posted May 11, 2016 Author Share Posted May 11, 2016 Trading with scalping method requires expertise and skill that good. novice traders should not be used to using this technique, but can use other analytical techniques which have a smaller risk. besides, if wrong in choosing a broker with a large spread and slow execution speed would be very dangerous. so now I use TICKMILL. this broker provide me EUR/USD pair with average raw spread 0.1-0.3 pips. Quote Link to comment Share on other sites More sharing options...
Anthony Evans Posted August 1, 2017 Share Posted August 1, 2017 As mentioned by others, ECN brokers are by far offering the lowest spreads which make them very attractive for scalpers. Fortunately, my current broker, Trade12, offer ECN broker services so I got the chance to take advantage of the low spreads. They also have a normal account which I tried first before opening an ECN, thus I definitely felt the difference on the pips they charge. Not to mention the faster order execution of ECN brokers. Quote Link to comment Share on other sites More sharing options...
myregister Posted November 28, 2017 Share Posted November 28, 2017 Yes anthony, ECN by far are the brokesr dealing type which offer lower rate but don't forget dealing desks also offer the same closer rate to ECN if not better, some even has fixed rate while in ECN the rate is dynamic from one to the others. Quote Link to comment Share on other sites More sharing options...
cokodot Posted November 29, 2017 Share Posted November 29, 2017 Broker with the best trading condition, including low spread will be chosen by trader. FXB offers the complete trading package of competitive trading conditions, unmatched security, leading platforms and trading tools, and a lot more.Beside that, the process of deposit and withdrawal also can be considered thing by traders. Quote Link to comment Share on other sites More sharing options...
davidblack Posted November 30, 2017 Share Posted November 30, 2017 My broker Circle Markets is an ECN broker and it provides facility to trade with low spread and low commission on about all pairs.It accepts Payoneer deposit and withdrawl. Quote Link to comment Share on other sites More sharing options...
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