George Holt
Private, 1st Class
- Messages
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What broker has the lowest spreads?
Is there a section in FPA that list them all?
Dude, I need to know!
Is there a section in FPA that list them all?
Dude, I need to know!
Please try to select the correct prefix when making a new thread in this folder.
Discuss is for general discussions of a financial company or issues related to companies.
Info is for things like "Has anyone heard of Company X?" or "Is Company X legit or not?"
Compare is for things like "Which of these 2 (or more) companies is best?"
Searching is for things like "Help me pick a broker" or "What's the best VPS out there for trading?"
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Keep Problem discussions civil and lay out the facts of your case. Your goal should be to get your problem resolved or reported to the regulators, not to see how many insults you can put into the thread.
More info coming soon.
There is such a section over at 100 Forex Brokers site listed (left hand side) under "Forex Brokers spread comparison".
But don't just pick those Brokers with the lowest spreads without doing a thorough search on them first as most (if not all) of them are simply traps for unwary Newbie Traders.
I have only been on live accounts (micro, STP, & ECN) for just over 6 months (after 11+ months of demo trading) and have used/is using various brokers.
Why do I use these brokers??
Simple answer is I am trying them out after reading reviews from traders in various sites and also on how broker's representative service/handle their clients.
I cannot really give or will rather not give any recommendation for any brokers because I have some issues with ALL of them.
However, these issues are rather difficult to prove... Issues such as slippages, slow trades execution, slow connection, multiple re-quotes, etc. On ECN accounts which claim no re-quotes the actual "re-quotes" do exist hiding behind "no connection", "time out", delay in execution, and other excuses which I can't remember at this point in time.
Sometime back, I have started a tread here at the FPA for any broker to step forward to declare that they are honest & trustworthy, but NOT A SINGLE broker dare lay claim to that.
So, what does that tells us? No broker is that honest and trust worthy that they will not scam their clients one way or another to make the big bucks.
So how do we pick a broker?
My simple answer is to avoid all the obvious scammers and try those reasonably "good" brokers. As long as we can withdraw our money, I guess the broker can be considered as "ok"....just don't leave too much money with any one of them.
What broker has the lowest spreads?
Is there a section in FPA that list them all?
Dude, I need to know!
I offer an indicator for MT5 that compares the historical spreads of several brokers at once on one chart. You can compare spreads, for example, in the Asian session for the best scalping.What broker has the lowest spreads?
How does it plus into several servers at the same time?I offer an indicator for MT5 that compares the historical spreads of several brokers at once on one chart. You can compare spreads, for example, in the Asian session for the best scalping.
mql5.com/ru/code/40669