View Full Version : Forex spread.
FOREXme
12-10-2007, 05:45 PM
I've seen anywhere from 2 pips to 5 pips spread offered by brokers. What is reasonable, what is a good deal?
FXtrad
12-12-2007, 08:49 AM
I've seen anywhere from 2 pips to 5 pips spread offered by brokers. What is reasonable, what is a good deal?
That's what I've seen too. That spread really adds up. The brokers make money, and it comes right out of your profit. (Or it adds to your loss).
I'm interested in this too.
Spreads changes based on liquidity, time of day, and any news conditions. So it's difficult to make a direct comparison of spreads.
Anyone know of a table listing to compare the spreads of different brokers?
Of course, this is probably a very biased listing, but it may help you? It's a list of spreads compiled by a broker Oanda.
http://fxtrade.oanda.com/spreads/comparing_broker_spreads.shtml
Any comments from traders about those spreads? Your broker experineces with those rates?
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