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Low spread brokers are really in the market these days because the dynamics of the FX Market is very different from what these were 5 years ago when there were not many brokers offering their services. But now a days all the dimensions are very very different and not too many brokers are offering different services. FBS is the one who is offering different services.
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Low spread broker provide us many benefit for trading especially we are using scalping technique. but we need a broker who has highest safety condition for trader. I learned of the incident yesterday, As we may already know, yesterday morning there was a very sudden and massive move in Swiss Franc pairs. CHF pairs have never seen this record-high volatility.Within few moments EURCHF dropped to below 1 from an early morning solid-high above 1.20. Other CHF pairs experienced similar extreme moves seen with EURCHF.
What does it mean for traders?
Of course, it was a golden-opportunity for many traders to earn quite a lot. Clients of many brokers, however, were not able to profit from this move due to requotes and rejects. Many brokers have started to cancel Client profits with reference to various causes and contract conditions. We are very sorry to see that happening!
In my broker, Tickmill. i have a good experience. Because as always, They didn’t issue a single re-quote and they Clients can keep their profits in their pockets. They are proud to report that it is business as usual at Tickmill as client trading and all other processes are going normally.
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Every one needs a Low spread broker these days and the best thing that they can do is to do research about the broker and they can research about the different features that brokers offer so that they can find out the best possible option for them that can help them to trade a little bit better in the market.
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If we get low spread from our broker, we will be more comfortabel when trading.We can try to more increase our profit . With low spread, trader can enjoy trading with any trading strategies.
"Invite your friend, get $10 and win $5,000"
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It is very obvious that we all need to have a broker that has best conditions and a spread is a vital part of Forex so when we get a broker that charges low spread it is just amazing especially for beginners. I select OctaFX broker for this purpose as they have the lowest spread amongst all the broker I have traded so far, it’s just 0.2 petite so that helps me in all kind of strategies and I can make profits from.
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For me low spread is the important factor which as a trader we need to consider while selection of a broker, so for me the best broker I have seen is FBS and they are not only offering good features like low spread and bonus, but also they are offering other features as well.
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in my opinion, trading with brokers who provide low spreads very profitable. I get a profit in the forex business using scalping techniques. I opened and closed the trading no more than 2 minutes. I need the speed of execution and low spreads to gain maximum profit. I am now comfortable trading with this system in my broker
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Low spreads are key in the market these days and what we have seen in this market that many brokers in the market had already cut the spreads to the lowest possible levels, so what need to be done here is that traders need to chose those brokers with bets possible offers.
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One of the key skills to Forex trading is knowing exactly when to trade. There are a great many factors that decide whether it’s a good time to be trading or not, and correct timing can be an excellent way maximize profits. You might know the basics – avoid the European-Asian overlap, and get in the power hours if you can, but have you considered your broker? A great time to trade is whenever your broker is offering low spreads. Low spreads mean better profits, and this can be just as important as the time of day you trade.
ExoFX also offers the possibility of trading on variable spreads, as opposed to fixed spreads, with a commission charge per trade. Variable spreads will change throughout the day in tandem with underlying market spreads, allowing clients to take advantage of extremely tight spreads when underlying market liquidity is high. Conversely, clients may see a wider spread than our fixed spread offering, again dependent on underlying market conditions, but this is likely around important economic data releases.
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I have done a lot of training to learn to do Forex trading and the last thing I was taught about spread since it’s not that important if we got education than even higher spread is no issue so I fully concentrate on having a broker that I can trust and does not manipulate my trades.
I am very happy with OctaFX broker, as they are regulated and also true ECN broker so they never do desk dealing or manipulation which makes me feel comfortable but just in case we are so desperate for low spread than that’s also given here as they charge only 0.2 pips spread so that’s extra ordinary given they already have such fine tune trading service.