The smallest spread, brokers and currency pairs

The size of the spread plays a huge role when trading using high leverage; many scalpers have to pay amounts several times higher than their own deposit.

The size of the spread is influenced by three factors - the trading instrument (currency pair), the broker you trade with, the type of account and the time of trading.

Each of these points can increase a small spread to huge sizes, which will negatively affect the financial result of your transaction.

And now everything is in order:

• Brokers with small spreads - you will find the lowest spreads from companies such as

Alpari - from 0 points, average size 0.7 points, initial deposit 1 dollar.

Amarkets - from 0.1 points, average size 0.9 points, deposit from $200.

RoboForex - from 0.3 points, average size 0.9 points, no minimum deposit, + $30 bonus.

• Accounts - the highest spreads are usually found on cent accounts, and you may find small spreads on ECN accounts , but be prepared for increased minimum deposit requirements.

• Currency pair - usually these are pairs containing USD or EUR, but the lowest spread, of course, is for the EURUSD currency pair.

• Volatility and liquidity - brokers usually raise the spread size in two cases, when trading is very sluggish or, on the contrary, there is simply a surge in activity.

Therefore, always pay attention to the size of commissions during news releases and on holidays. • Floating or fixed - on average, a floating spread will be lower, but unlike a fixed spread, you will have to catch it, since the size is constantly changing and not always in the direction you want.

In order to calculate the smallest spread and successfully enter the market, use the spread indicator , it will protect you from unpleasant surprises and help you get the greatest profit.