Is Zero Spead Account Good For Scalper?

[tradesprint]

EURUSD is quite very popular pair to trade with lowest spreads as compare to other pairs. I have noticed some brokers also offering exotic pairs too which are much riskier than popular pairs and are not a good option to try for new traders.

[nextop]

Zero spread is the best one for scalper.

Scalper have a tendency large trading and close TP very fast with small different movement. But it also relies on the commission/lot. HotForex and many brokers are offering zero spread accounts because of the growth of scalpers.

[tradesprint]

I am not a professional scalper though do it sometime to make extra bucks and i guess LMFX zero spread account also offers good trading conditions for any scalper.

[nextop]

I am not a professional scalper though do it sometime to make extra bucks and i guess LMFX zero spread account also offers good trading conditions for any scalper.

Sounds good to hear but we need a detail review also a good myfxbook link on this account. Scalping really need good spreads but consistent during news release, not only in normal time.

[tradesprint]

I have noticed that some brokers including mine also offering zero spread accounts, i haven't tried them yet but the other account that i am using is going great so far..

Zero spread is the best one for scalper.

[Guest gaban]

Zero spread is really good for scalpers so that they can earn more profits in no time and without to recover from the spread first.

[sendong]

yeah its gaining a popularity this zeron spread though im not much of a scalper, though brokers like hotforex do offer them. 

[Dele Alli]

It’s obviously awesome to be not required to pay any fees or charges, but reality is very much different with most brokers with zero spread charging commission, so that basically kills up any benefit that one might have with zero spread. I prefer a honest broker with low charges since that’s real benefit for scalping, It’s ever easy with broker like OctaFX which is world class especially to do with their small spread starting from 0.1 pips while there is also super cool bonus which is up to 50% and is use able too, so that’s why I am able to work nicely and it brings me a lot of rewards without any major trouble or difficulty at all in any situation.

[Guest gaban]

I think it's good, but we must know the details. Is really profitable to scalping. For example, it's zero account, but there is commission. I think, we should use standard account

[uncle gober]

On 9/9/2016 at 9:52 PM, gaban said:

I think it's good, but we must know the details. Is really profitable to scalping. For example, it's zero account, but there is commission. I think, we should use standard account

Yes standard account is good condition for us as a trader, and it more safe and more profit from the other, but we should understand about the account rule ordinary it depends on the broker which provide the account

[Guest gaban]

In forex, the smallest spread is not less than 1 pips

[Guest gaban]

I think it's good, but we must know the details. Is really profitable to scalping. For example, it's zero account, but there is commission

[Guest gaban]

if you can see zero spread account it is great for your strategy. but i think no broker offer zero spread account. because spread is a profit of broker

[Fx Mental]

Each the trader has a choice of the broker to be used, should the trader can choose a broker that is more appropriate to the concept of trading that will be sued, if you love scalping should choose the broker , which allows trading concept such as this without any restrictions.         

 

[Dele Alli]

I don’t really understand why people would feel this way, I mean when we talk about Zero Spread; it comes with tag of commission, so that pretty much evens it up. I don’t see how that would be beneficial. I would rather have low spread then worry over commission. I am currently operating with OctaFX and with them, I can easily work out through low spreads that they got from 0.1 pips while have huge rebate scheme to give 50% back on all trades even if they are lost!

 

[tradesprint]

Yes you are right, the choice is always with the trader that either they prefer paying zero or fixed spread to the broker or a commission..

[tradesprint]

I guess the zero spread account might be helpful for the scalpers however the new traders being unaware of the market conditions should apply scalping carefully or they may risk their entire capital.

[Ross Edwards]

Zero spread account is an account which very few broker provide to their traders. This account has zero amounts of spreads. I use AAFX zero spread account as I am a scalper. For scalping trading spread always plays the most important part. So zero spread account increase the margin of scalper’s profit. That’s why this account type is good for scalper. I am lucky to say my broker gives other facilities like quick execution and less slippage problem while trading.

[Pixie Pips]

Zero Spread is best for scalper because that way they can trade more and earn more pips for their trading. But not every broker provides 0 spread and which are providing are not regular with a market.

[tradesprint]

17 hours ago, Pixie Pips said:

But not every broker provides 0 spread and which are providing are not regular with a market.

Those who are offering zero might be earning from the commissions charged to the trader on their trading however it is really hard to figure out the commission structures offered by these brokers i guess..