If your trading strategies are well-defined, I don’t think the type of spread you opt would matter or affect your profit.So how do you calculate the spread cost? Any formula here that we should know?
Floating spreads for me simply because the trading account cost is far less than the fixedAnyone trading here with floating spreads? I switched recently and yet to decide which is better - fixed or variable.
Never heard of this bro, how’s it?I suggest M4Markets. Reliable broker with spreads 0.0 pips
Yea but the real reality hits when you deposit money, customer service just disappears automatically :/True, best way is to demo test brokers that seem good.
True, thats a common practice too.Yea but the real reality hits when you deposit money, customer service just disappears automatically :/
The one going good for me is Fxview. I have also opened another account with Schwab, but yet to initiate live trading on it.
I would go for variable spreads anyday. Fixed spreads don’t change with market trends and that can be such a disadvantage. Good thing, my brokers fxview and icm are flexible in a lot of respects, including spreads.
How do you deal when the floating spread increases up to 8-10 pips for major currency pairs? Any insight would be helpful.Anyone trading here with floating spreads? I switched recently and yet to decide which is better - fixed or variable.