Brokers with low spread
If you trade scalping, then the concept of a spread takes on special meaning for you. Since in this case the size of transactions is hundreds of times greater than the trader’s deposit, which naturally causes an increase in the broker’s commission.
This is why it is so important to find brokers with low spreads for the chosen trading instrument.
This article will present forex brokers with the lowest performance for the EUR/USD currency pair, which is the most popular trading tool.
As a rule, such companies have commissions on other assets that are also much lower than their competitors. The same applies to the fee for transferring swap positions.
As an experiment, I personally checked to what extent the information in the specifications corresponds to reality.
Alpari is one of the large brokerage companies with the most favorable trading conditions, the spread is floating, except for cent accounts, the quote is five-digit, there is no minimum deposit.
• Minimum – from 0 points.
• Average – 0.7 points.
RoboForex – a large selection of different account options with fixed or floating, be careful, on the ECN-Pro NDD account, in addition to the spread, a commission of 2.45 per lot is taken.
• Minimum – 0.2 points.
• Average – 0.5 points.
AMarkets is a broker that has a fixed and floating spread, which gives you the opportunity to choose, an initial deposit from 1 dollar, one of the lowest and most stable spreads.
• Floating from – 0.1 points + 5 dollars per lot..
EXNESS Limited – the size of the floating spread starts from 0.1 points and varies depending on the type of account, there is also a commission on volumes, on average it is another 0.5 item from the lot.
Initial deposit is $100. • Minimum – 0.1 + 0.5 commission.
• Average – 0.3 + 0.5 commission.
NPBFX (with the support of Nefteprombank) – the most favorable trading conditions on the Expert and VIP accounts, although the amounts to start trading on these accounts are quite impressive: $10,000 and $100,000, respectively.
• Minimum - 0.7 points.
• Average – 1.1
If you do not use scalping in your trading, then you do not particularly need to pay attention to the size of the indicator in question; a difference of tenths of a point is unlikely to significantly affect the financial result of the transaction. Therefore, you can choose any Forex dealing center .
While Forex brokers with low spreads allow you to quite significantly reduce costs when trading using short-term strategies that involve opening a large number of transactions.