Hanan Öberg Posted August 26 Share Posted August 26 Low spreads are beneficial as they reduce the cost of trading, improving overall profitability. They allow for more favorable entry and exit points, minimizing the difference between buying and selling prices. This is especially advantageous for frequent traders and those using tight profit margins. Link to comment Share on other sites More sharing options...
Zeologic Posted August 27 Share Posted August 27 Of course, low spreads benefit traders because they get cheaper transaction costs, especially scalping traders who can make transactions more than 100 times daily, low spreads maximize traders' profits. Pairs with low average spreads at my FXOpen broker such as EURUSD, USDJPY, AUDUSD, EURJPY, USDCAD, etc. I most often trade EURUSD and EURJPY pairs. But sometimes trading in gold carries higher risks. Link to comment Share on other sites More sharing options...
maspluto Posted August 28 Share Posted August 28 Every business certainly has risks, so does this forex trading business. So, for traders, never get tired of learning to manage risks, in addition to learning to manage risks, traders must also develop their abilities, so that later traders will be able to understand all the ways it works, and make it easier for traders to achieve maximum profit with the Tickmill broker. Link to comment Share on other sites More sharing options...
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