Hotforex Zero Spread Account?

[pradegxs]

Any advantages over FIX spread account? IT is a recently introduced account, hope I will be the first tester, will keep you updated..

[pradegxs]

It seems that spreads are there :)..but raw spreads directly from LP, while testing on demo got about 0.2 pip on EUR/USD, in a slightly volatile market..

[Forex :)]

It's interesting account, but spreads are not fixed. Average spread on EUR/USD is 0,2. Thanks for info.

[Rajesh]

Well, zero spreads is really very comfortable for me. Because, I am a scalper. I Don't want to trade which trading broker has high trading spreads. I also prefer to get big welcome bonus.

[pradegxs]

Well, zero spreads is really very comfortable for me. Because, I am a scalper. I Don't want to trade which trading broker has high trading spreads. I also prefer to get big welcome bonus.

If I'm not mistaken Hotforex also offer supercharge and credit bonuses to boost trading performance. I personally use 100% credit bonus for some trades. Check their bonus page it should help https://www.hotforex.com/en/deposit-withdraw/bonus-offerings.html

[pradegxs]

It's interesting account, but spreads are not fixed. Average spread on EUR/USD is 0,2. Thanks for info.

Yeah these are raw spreads (that comes directly from LPs). But it doesn't mean that spreads will not widen or there won't be slippage in in abnormal market condition so it's better to avoid these times for trading.

[Shafiek Abrahams]

In my view there is no better that can survive without charging fees, it is now dependent whether the company wants to be honest and tell that or be manipulating things with claiming stuff like Zero Spread account which is not possible. I trade with a broker that’s honest with charging low spread of 0.2 pips for all major pairs and OctaFX never claims to be zero spread which is the truth and that’s why we feel comfortable working with such honest company.