What is spread?

[Hanan Öberg]

Spread is an important thing in Forex which traders consider highly at the time of broker selection. Which spread is good?

[maspluto]

Every broker undoubtedly offers different spreads, so it's essential to choose spreads and a broker that align with your own trading style. This is done to ensure that you can engage in forex trading to the maximum benefit, particularly when trading with Tickmill as your broker.

[Nilde Lucchese]

Spread means commission that a broker takes in terms of opening every single trade. High spread, low spread and zero spread are charged by numerous trading brokers. Lower spread is always expected and FXOpulence charges narrow trading spread in fiats, crypto and synthetic indices trading.

[uncle gober]

Every broker has different spreads, which is why when choosing a broker, it should be aligned with one's individual trading style. This is done to ensure that traders can engage in forex trading comfortably and safely. This is also something I have experienced since joining Tickmill broker.

[Resolve]

4 hours ago, uncle gober said:

Every broker has different spreads, which is why when choosing a broker, it should be aligned with one's individual trading style. This is done to ensure that traders can engage in forex trading comfortably and safely. This is also something I have experienced since joining Tickmill broker.

I am doing my Forex Trading with the International Forex Broker FXOpen Markets and they have Fast Deposits and Withdrawals 🙂

[maspluto]

The selection of a broker should be done carefully, as the broker serves as a bridge for traders to engage in forex trading. That's why I chose to join Tickmill as my broker. This way, I can comfortably and safely participate in forex trading here.
 

[Fin_Trader]

The spread is primarily our cost when trading. Therefore, the smaller they are, the more profit we get in each successful transaction. Minimum spreads are especially important when intraday trading, when quick trades are made for a small number of pips. Therefore, I chose FXOpen, where the spreads are quite tight (for example, the spread on EURUSD is 0.01-0.03) and instant execution.

[maspluto]

 Each broker has different spreads, which is why I chose to go with Tickmill. Besides having secure funds, its spreads also suit my trading style. This allows me to trade comfortably and safely.

[Hanan Öberg]

The spread is the difference between the bid (selling) and ask (buying) prices of a currency pair in Forex trading. It represents the transaction cost and can vary depending on market conditions, broker, and liquidity. A narrower spread typically indicates lower trading costs for the trader. LQDFX broker provides multiple trading accounts equipped with various types of facilities and their tighter trading spread is really magnificent.

[maspluto]

It is not easy and instant to be successful in forex trading. Everything takes process and time. That is why understanding and knowledge continue to be developed. In addition, plans and strategies are always applied, so that later traders can maximize trading with the Tickmill broker.

[pradegxs]

On 9/30/2023 at 6:37 PM, Hanan Öberg said:

Spread is an important thing in Forex which traders consider highly at the time of broker selection. Which spread is good?

Best spread is 0.0-0.1 pip which you can often encounter trading with zero spread brokers like HFM

[Zeologic]

Tight spreads benefit traders because transaction costs are lower, ECN brokers typically offer tight spreads from zero spreads, with a better trading environment, trading on ECN Brokers is more transparent, and there is no conflict of interest between traders and the broker itself.

[Nilde Lucchese]

Low spreads are essential for scalping as they minimize trading costs. A broker with consistently tight spreads is ideal, avoiding manipulative spikes that can trigger stop-losses. However, scalping demands quick decision-making and emotional discipline. It’s not recommended for beginners due to its intensity and risk. Strong mindset and experience are key to success in scalping. LQDFX broker’s 100% deposit bonus scheme, 1:1000 leverage, and narrow trading spread that will help a trader earn big profit.

[maspluto]

Every loss is a lesson. Tickmill’s fast execution and transparent services help me to analyze my mistakes and improve my strategy every single day.

[tradesprint]

Losses are also called the operating expenses so all we can do is to accept those losses and move forward, we can also cut these losses earlier using stop loss feature offered by many brokers like hfm in their mt4 & mt5 too. 

[maspluto]

Forex isn’t a shortcut to wealth. It’s a long process that I continue to enjoy by learning consistently with Tickmill, step by step toward real success.

[tradesprint]

Not a shortcut but the absolute path to create wealth for those who stay focus and discipline in their journey.

[maspluto]

Trading without proper analysis is like sailing without a compass. Thanks to Tickmill, I’ve learned to combine technical and fundamental analysis to make smarter trading decisions.

[uncle gober]

I used to jump into trades blindly. But now, before I deploy any new strategy, I backtest it on a Tickmill demo account. This helped me avoid unnecessary losses and build confidence in my system.