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  1. #11
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    Quote Originally Posted by Stephen Stills View Post
    Why do you think that way mate? I mean even for long term traders it is always better if could pay low spread. In fact, it goes without saying that every single person would love to have a favorable spread. It is not necessary that if we are trading long term then we won’t do scalping.

    I like broker like OctaFX which have facility that is suitable for all be it long term or scalpers. They have low spread of just 0.2 pips and also great swap free account in case for long term traders, so apart from been easily the lowest spread providing broker, it has also other qualities that can truly win over any one, so they are perfect choice.
    Yeah I also agree with you I am using OctaFX too and they are very favorable for all kind of traders. I am a newbie only so I prefer martingale strategy and sometimes scalping too and in both having low spread is so important and useful and I can make great money due to this low spread otherwise normally I had to suffer big time because of big charges that I needed to pay with other brokers but now with just 0.2 petite I can really enjoy.

  2. #12
    Senior Investor Rahul247's Avatar
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    Yeah, Low spread broker are really good these days because Low spreads can give many opportunities to all the traders in the Market to make as much money as you can, I have chosen FBS and they are offering Spreads as low as zero.

  3. #13
    Senior Investor Uncle Gober's Avatar
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    Every broker has different condition about the spread and especially with the high impact news condition. i want to share about condition when NFP is coming on The TICKMILL


  4. #14
    Senior Investor gaban's Avatar
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    low spread will very helpful for any trader that do scalping, because with lose spread they can do they trading again and again with more profit because spread that they use is low enough. so if u r scalper make sure u have a broker that give u low spread.

  5. #15
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    Gaban, you have said it very well, it is obvious that having low spread is one of the key requirements for scalpers, but even in general who minds paying less? At least I don’t mind it. I am trading with one of the best emerging brokers in TradeWiseFx, it is a perfect company having zero spread offering account, it means the spread starts from 0.0 pips, so for scalpers, it is heaven like!

  6. #16
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    Low spread can’t be the measurement to pick up the broker; it’s much more than this. We need to have high quality broker who we can rely and trust upon, as that is something that will make low spread mean anything. This is why my primary choice is OctaFX broker who are highly rated and recognized company with servicing since last 6 years. They not just have low spreads but also many other benefits which enables me to work very nicely and with comfort.

  7. #17
    Senior Investor Uncle Gober's Avatar
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    Very well, but it is also very important for traders to choose a broker that can provide support to traders in order to succeed in the forex. Therefore I choose trading with Tickmill in order to get maximum results.

  8. #18
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    Spread can be simply defined as the basic difference between ask and bid price. It is also known as commission which is taken by broker. Lowest spread is really preferable to the traders because it enlarges our trading profit. Each and every trader goes for a low spread broker. So I have selected Trade12 broker due to their lowest spread level and flexible margin level.

  9. #19
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    Low spread is amongst the favorite options that newbies look but the thing is that it’s not wise to do that. We must look for spreads and many other features but the priority must be given to overall service as eventually that’s more crucial. This is why I am only with OctaFX, who are proven player with servicing since last 6 years and have reached to over 170 countries in the world. I also like it so much more with their straight forward policy that makes one feel so good with things!

  10. #20
    Senior Member raniya's Avatar
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    Quote Originally Posted by Ray Wilkins View Post
    Low spread is amongst the favorite options that newbies look but the thing is that it’s not wise to do that. We must look for spreads and many other features but the priority must be given to overall service as eventually that’s more crucial. This is why I am only with OctaFX, who are proven player with servicing since last 6 years and have reached to over 170 countries in the world. I also like it so much more with their straight forward policy that makes one feel so good with things!
    Low spread will make us feel comfortable when trading. Make sure that broker provide the best service for us. At FXB Trading, you’ll benefit from client-centric, transparent trading services that you can rely on!

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