How to choose a broker with low spread?

Discussion in 'Forex' started by Coner1980, Apr 15, 2021.

  1. Dr_Trade

    Dr_Trade

    That's great, how much are you paying for 1 lot on EURUSD? Just wanted to know that is it less than 2 USD RT as I am paying that much for 1 lot with fxview.
     
    #61     Jan 18, 2022
  2. FahadMd

    FahadMd

    the lowest trading spreads broker is rare to found , right now so many broker dont allow scalping in their trading platform.
     
    #62     Jan 18, 2022
  3. Adler

    Adler

    For lower spread brokers I suggest choosing based on reliability and check the brokers spread using their demo account to know how stable and lower it goes.
     
    #63     Jan 19, 2022
  4. Rather than demo I believe micro accounts give a better picture of the broker’s trading conditions including spreads. I tested both my brokers (finprotrading,paxforex) on a small account first.
     
    #64     Jan 21, 2022
  5. the trading spreads is a important financial too to choose a broker , generally scalpers choose a broker which has most lowest trading spreads.
     
    #65     Jan 23, 2022
  6. FahadMd

    FahadMd

    the lowest trading spreads is very supportive to make profit by using any kind of trading strategies.
     
    #66     Jan 29, 2022
  7. For me my criteria is ECN brokers that offer the MT5 platform and a variety of account options, including low spreads, zero/low commissions, and EA-friendly features. So far, these are some of my favorites.



     
    #67     Oct 3, 2023
  8. Andrew_0

    Andrew_0

    Before spread, try to consider the regulation factor of a broker because many brokers are entering the market with the intention of scamming.
     
    #68     Oct 22, 2023
  9. Alexis_0

    Alexis_0

    Checking the issue of scamming is very important and new traders can start with any regulated broker and there is no restriction.
     
    #69     Nov 2, 2023
  10. kroxobor

    kroxobor

    Yeah, I think the most straightforward way to do that is to check regulation. With FCA broker like Exness or Hotforex you can expect fair treatment because there is clear incentive for the broker to not break the rules of the fair game
     
    #70     Nov 6, 2023