What can be found from the broker specification.

One of the most important stages when trading Forex is choosing a broker, but in order to make the most successful choice you need to compare the trading conditions of different brokerage companies.

The easiest way to do this is to obtain information directly from the broker’s website and analyze the specification of assets available for trading.

In order to find this specification, go to the website of the company that interests you - http://time-forex.com/spisok-brokerov , there we click on the “Trading” tab.

Next, select the “Contract Specifications” tab; sometimes this information may be hidden under another menu item.

After the transition, you will see a table containing all the necessary information on currency pairs or other assets - cryptocurrencies, stocks, metals or futures:

1. In the first line, you can select the account type, as the commission amount usually varies dramatically depending on the account type, and the assets available for trading also differ.

The more prestigious the account, the more assets available for trading and the lower the commission (spread and swap).

2. In the second line, you can select the asset category – currency pair, CFD , metal, or cryptocurrency.

3. After selecting the asset category, you can find out the pip value, spread size, swap depending on the trade direction, and any additional commission.

When comparing, consider the number of digits in the quote, as brokers can have both four- and five-digit quotes, creating the illusion of a low spread.

You can also compare spreads for currency pairs at different brokers on the page - http://time-forex.com/vsebrokery/spred-broker