broker with the best spread on GBP/Usd?

mounafia · Sep 30, 2009

I am actually with oanda that have spread that goes from 1.8 to 20...(most of the time 2.8) on GBP/usd.

which broker have the best spread on GBP/usd?

JDL · Sep 30, 2009

any ECN broker, they offer any where from 0 - 3 pips most of the time it range around 1-2 pips, but you do pay a comm, still better then dealing with a market maker.

Apollo355 · Oct 26, 2009

Mounafia, Dukascopy offers 1 to 2 pips for the GBP/USD. I've also sent you a pm.

4XQs · Oct 26, 2009

During European and early US hours IB has almost always 1.5 spread - sometimes 1 when it's particularly active. When slow, it can be 2. After US close it's 2-2.5ish.

ddaytrader · Oct 26, 2009

Quote from JDL:

any ECN broker, they offer any where from 0 - 3 pips most of the time it range around 1-2 pips, but you do pay a comm, still better then dealing with a market maker.

Yes, it is much better to pay both the spread and a commish, rather than just the spread alone.

I have not found anyone to beat FXCM's micro spreads.

funtrader4 · Oct 29, 2009

Quote from mounafia:

I am actually with oanda that have spread that goes from 1.8 to 20...(most of the time 2.8) on GBP/usd.

which broker have the best spread on GBP/usd?

WSD offers 1-2 pips spread in GBP/USD depending on how active the market is at that time. You can experience the spreads they offer by downloading their demo account.

davidmaria1 · Oct 29, 2009

Quote from funtrader4:

WSD offers 1-2 pips spread in GBP/USD depending on how active the market is at that time. You can experience the spreads they offer by downloading their demo account.

If its' ok with you, I'd rather not experience ANY spreading.

vilas · Nov 3, 2009

Quote from ddaytrader:

Yes, it is much better to pay both the spread and a commish, rather than just the spread alone.

I have not found anyone to beat FXCM's micro spreads.

I should say, not only spreads but the execution is very efficient at FXCM. Very satisfied during the last one year I am trading with them.
Vilas.

asiaprop · Nov 3, 2009

thanks FXCM to come on this board to take care of all the Elite Traders ;-)

Quote from vilas:

I should say, not only spreads but the execution is very efficient at FXCM. Very satisfied during the last one year I am trading with them.
Vilas.

JDL · Nov 4, 2009

Quote from ddaytrader:

Yes, it is much better to pay both the spread and a commish, rather than just the spread alone.

I have not found anyone to beat FXCM's micro spreads.

thats only on there micro account, witch they take the other side of your trade.