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  1. #1
    Senior Investor Uncle Gober's Avatar
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    Default Leverage and spreads

    Spread and leverage are two important factors for traders to choose brokers. It's very important to choose only the best forex broker which would have attractive leverage (:100 or 1:200, 1:500 ), because such sites can be scam). We need to invest our money only into most trusted Forex brokers. otherwise, you can loose all your investments. Every new forex trader should choose one of the best and most attractive brokers and he should work only with one broker at first.


    How about you?

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    Tight spreads are very necessary if a trade wish to make long term profits on platform. The brokers that offer very tight spreads are ECN/STP. now I trade on an ECN broker ( TenkoFx ) that has a tight spreads with small commission. I am using 1:500 leverage now

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    Senior Investor Uncle Gober's Avatar
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    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.

  5. #4
    Investor CahCuncun's Avatar
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    Quote Originally Posted by Uncle Gober View Post
    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.
    Low spread is the most wanted by traders because if we can get broker which has low spread, any strategies will we use for trading, it will be convenience. But we also must know that the result is depends on our effort. We must try to minimize the risk if we want to get more maximal profit here. "Invite your friend, get $10 and win $5,000"

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    Senior Investor Rahul247's Avatar
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    Yes, these are 2 most important factors which can help us in the trading because these 2 factors can help us to trade in a better way, that is the reason behind the fact that brokers with these 2 important factors are able to attract lot of clients around the world.

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    Leverage and the spread is one of the ways that make our trading can be comfortable, I use the leverage of 1: 500 and use a lot of the smallest since I use a small capital in my broker now

  8. #7
    Senior Investor Rahul247's Avatar
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    Leverage is a sort of feature that you need to have in your broker, so the best thing is the utilization of the factor of Leverage, as far as spread is concern, spread is really an important factor which traders use these days in order to grab more profits.

  9. #8
    Senior Investor Uncle Gober's Avatar
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    leverage will help traders to improve the balance so it can trade using small lots and spread helps traders to be able to get the difference between bid and ask prices are small. Now I am trying to combine the advantages provided by the broker Tickmill with a leverage of 1: 500 and Spreads from 0 pips

  10. #9
    Senior Investor Rahul247's Avatar
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    With the facility of a system of leverage you can trade the market with even lowest possible Options and deposits because Leverage cam maximize your trading capacity, but at the same time Leverage is dangerous as well.

  11. #10
    Senior Investor Uncle Gober's Avatar
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    Leverage is one of the tools used by the broker to improve balance traders to trade in the forex market. each broker has its own policies regarding the maximum limit leverage. but I am very comfortable using the leverage of 1: 500 in Tickmill and teh other i can get sperads as low as 0.0 pips; no re-quotes, delays nor interventions; scalping, EAs and news trading allowed and STP, DMA and NDD execution

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