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ECN or STP or NDD Brokers are the best in providing tight spreads and great pricing. However they all come with conditions either on commissions or certain fees but you get a straight-through price feed from the banks.
Also there are issues of spread widening during extreme volatile periods especially during economic news release in Forex. In most cases spread widens a bit and it is beyond the control of some brokers due to surge in price feed demands to liquidity providers. It is better to use spread checking indicators to check mate undue spread manipulations.
There is a broker (Hotforex) who provides spreads as low as 0.4 pips for EURUSD and spreads up to 1 pip.
What else can I help you with?
How much is 1 round turn in forex?
Forex has often been touted by many brokers as "commission free" which was often technically true, but perhaps a bit deceiving. While most brokers did not charge commission such as you have in stocks and futures, there was a spread between the buy price and the ask price, and that spread is what broker got to keep. Spreads again vary from broker to broker and even from one Forex pair to another.Now there are some Forex brokers who have tightened the spreads, but add a little commission.The cost of doing a trade will vary from one Forex broker to another so you will need to do some comparison shopping. Though costs should not be the only consideration when choosing a broker.
Who are price makers in forex market?
Forex Market is not centralized as other markets. For example DOW, CME, Nikki etc centralizes the whole process, every trade that is executed goes via their servers. So the price you see on your broken screen is the real price that everyone else sees. This however is not the case with Forex. A Forex broker can increase the spreads and prices thus varies from broker to broker.
What is the best MT4 Forex broker?
There are a lot of Forex brokers in the world, there are hundreds of them. However, they all differ as for the services they provide and their reliability.
What is your favorite forex broker?
Today my favorite forex broker is FXOpen. I like: fast withdrawal of funds, instant execution of orders, convenient personal account, spreads on the main pairs are minimal (0.01-0.03). I also heard a lot of good reviews about Exness, Fxpro
How much does a forex broker earn in a year?
The amount a Forex Broker can earn varies from state to state and company to company. However, to give you an idea of the income a Forex Broker can make. In New York, on average a Forex Broker will make $69,000 a year.
What is the best forex broker 2011?
The best forex broker is Exness, to know more please visit learnforex550555903. wordpress .com/
What is the Best Forex Broker for Beginners?
vantage-partner.net the best forex broker in 2024
Where can one find and read forex broker reviews?
There are many places where one can find and read forex broker reviews. One can find and read forex broker reviews at popular on the web sources such as Daily Forex and Go Forex.
Who are the top Forex brokers?
Forex-Brokers.com offers reviews and news for all of the top Forex brokers. There is also a broker comparison page which will can help you decide which will provide the services you require most.
How many Forex brokers are in the world?
There are a lot of Forex brokers in the world, there are hundreds of them. However, they all differ as for the services they provide and their reliability. For example, the NordFX broker company is a licensed broker, has been awarded about 30 professional prizes, among those, it is the best broker of the world for the year 2015 according to MasterForex-V Academy and the most reliable broker for the year 2015 according to the Forex Awards.
Where can I hire a forex broker in Raleigh, NC?
You can hire a forex broker in Raleigh, NC at www.businesscafeonline.com. Another good site is www.dbFX.com/MoneyManagers or www.InteractiveBrokers.com
Where can one purchase a broker forex mini?
There are a number of places where one can purchase a Forex broker mini account. Some online sources include fxTrade, FXDD, 100 Forex Brokers and FXOpen.
