The brokers who offer low spreads are really a blessing. I don’t think there’s any trader who would prefer to sacrifice his hard earned money as spreads, or even higher commissions in the name of zero spreads.
low trading spreads is a big deal to choose a broker , newcomers should choose the broker which has most competitive low spreads.otherwise trading could be more difficult.
Agreed, like coinexx (broker i’m using currently) does offer low spreads, but they do charge $2 commission.
I use 0% commission for my scalping strategy really helps keep the cost down. I use CedarFX which are really good im sure there are others too
I have seen a lot of people using them. What is the crypto trading like there? Or do you just trade forex?
Low spread broker giving advantage for trader, in short term trader usually they open and close order many times daily, the high spread will become another problem before their profit, I like trading like on gold or xauusd with FXOpen broker that included low spread
Crypto is really decent too over 30 i think but not actually counted. Crypto trades exactly like forex so its really good. I just havent got time at the weekends to trade it their markets are open 24/7 i try to give myself the weekend off lol
if you want low spread, i would suggest looking for ECN broker like aximtrade. they usually have commissions on the trade but it still gonna be lower cost than standard trading
There are so many ECN brokers in the forex world, usually, when traders have already determined the broker that chosen, they will keep stick to use trading service as long as not face any problem, like me, already choose FXOpen true ECN, when first-time trader testing broker recommend to use small deposit first.