The magnitude of the spread of the shares of companies for different brokers
If you prefer to trade in company shares inside the day or even scalping, then the most convenient transactions will be contracts for the difference.
At the same time, one of the most important parameters that you should pay attention to if you make a large number of transactions, there will be a fee for the opening of orders.
This fee can be charged both in the form of a commission and in the form of a spread, calculated in dollars or points . All envy of the brokerage company through which you carry out trading.
In order to find a more profitable option, you need to compare the size of the commission, which will have to be paid for the opening of the transaction on the stock exchange.
In order for the comparison to be objective, we will try to bring the size of the fee to one unit of measure.
Compare the spread of brokers on stocks
| Broker | Type of spread | The minimum spread | Average spread | Comment |
|---|---|---|---|---|
| Alpari | Floating | from 0 points | 15 points | Can expand with high volatility |
| Robomarkets | Floating | from 1 point | 12 points | Suitable for most strategies |
| Amarkets | Floating | from 1 point | 15 points | Stable conditions in standard accounts |
| InstaForex | Fixed | from 2 points | Depends on the asset | Suitable for stable trading without surprises |
If you do not say anything to the size of the spread of 1 point, then since the promotion of the action has two signs after the decimal, then 1 point is 1 center.
That is, if you want to buy shares of a company such as IBM Corporation at the current price of $ 238 and an environment of 2 points. For the opening of the transaction, it will be necessary to pay 2 cents, which you must agree, not much.
This size is quite suitable for scalping with a credit shoulder, even if you open several dozen deals per day, the payment for their opening will not be significant.
In the same case, if you want to transfer your deal for shares the next day you will still need to pay and swap. Its size is also not high, and on average, is 3-4 percent per annum or 0.001% per day.
In the case of the above IBM Corporation, the size of the fee for transferring the position of swap will be about 0.02 dollars per day or $ 7 a year.