Broker with low spreads

Mar 27, 2014 at 07:58
2,097 Paparan
21 Replies
Ahli sejak Feb 07, 2014   16 hantaran
Mar 27, 2014 at 07:58
Hi traders,

Can anyone recommend a broker with a low spreads and also offering a small account.
Been trading a demo account for almost a year using FXCM,They are good but the
spreads are so high.I am looking to exness now but i want some recommendations.
Anyone ?

Thanks in advance,
Sandeep Ivan Albarillo
Less is More
Ahli sejak May 02, 2013   90 hantaran
Mar 27, 2014 at 10:24
I use Pepperstone, ECN Razor Account. Gread spreads, great support and lately slippage has been very good.
I continue to try other brokers, and the longest I lasted with these brokers is a week. Compared to Pepperstone there is daylight between them. Below is a growing list of brokers I've tried and rejected. Usually the slippage is a lot worse and latency is pretty bad, and some have better spreads, some worse but overall nowhere near as good as pepperstone. I remain with pepperstone. Haven't tried Exness so can't comment.

Go Markets
IC Markets
Synergy FX
FX Open
FXCM
Axitrader


Hate your losers more than you like your winners
Ahli sejak Feb 22, 2011   4862 hantaran
Mar 27, 2014 at 11:15
Donex posted:
I use Pepperstone, ECN Razor Account. Gread spreads, great support and lately slippage has been very good.
I continue to try other brokers, and the longest I lasted with these brokers is a week. Compared to Pepperstone there is daylight between them. Below is a growing list of brokers I've tried and rejected. Usually the slippage is a lot worse and latency is pretty bad, and some have better spreads, some worse but overall nowhere near as good as pepperstone. I remain with pepperstone. Haven't tried Exness so can't comment.

Go Markets
IC Markets
Synergy FX
FX Open
FXCM
Axitrader



I had very good experience with Pepper as well
But IcMarkets works very well for me too
One of the best is Thinkforex
Ahli sejak Feb 07, 2014   16 hantaran
Mar 28, 2014 at 13:51
Donex posted:
I use Pepperstone, ECN Razor Account. Gread spreads, great support and lately slippage has been very good.
I continue to try other brokers, and the longest I lasted with these brokers is a week. Compared to Pepperstone there is daylight between them. Below is a growing list of brokers I've tried and rejected. Usually the slippage is a lot worse and latency is pretty bad, and some have better spreads, some worse but overall nowhere near as good as pepperstone. I remain with pepperstone. Haven't tried Exness so can't comment.

Go Markets
IC Markets
Synergy FX
FX Open
FXCM
Axitrader




Thanks for sharing,Agree with you latecy is very bad on fxcm.

I am looking for a brokers that offers a very small minimum account like $10,Since this is gonna be my first live account.
Hotforex and instaforex are offering a very mall account.If anyone have a feedback on this,please share it :)

Thanks
Less is More
Ahli sejak Feb 22, 2011   4862 hantaran
Mar 28, 2014 at 14:06
never ever do anything with Instaforex - biggest scam of all time
Ahli sejak Jun 15, 2013   37 hantaran
Mar 28, 2014 at 19:34
It's going to be hard to find a broker with low spreads that accepts $10 as a minimum. Pepperstone and IC markets are good brokers but their minimum is $200. Even if you did trade with them the average margin would already be $3 for a 1000 lot size position of a major currency pair.

There are brokers out there that offer micro accounts but micro accounts have high spreads. But it looks like you may only be practicing on a live account since you will be only be trading with $10 you might as well trade on micro.
Ahli sejak Oct 31, 2013   98 hantaran
Mar 28, 2014 at 20:16
you can try roboforex if you are specially to trade EURUSD ...great service...you can withdraw your money within an hour
A trader can be an economist but an economist could never be a trader. They are too theoretical.
Ahli sejak Jan 06, 2014   16 hantaran
Mar 28, 2014 at 20:44
rvd markets and armada markets are the best........😉😄
MAKE MONEY
Ahli sejak Jan 16, 2014   42 hantaran
Mar 29, 2014 at 08:18
ivandeep posted:
Donex posted:
I use Pepperstone, ECN Razor Account. Gread spreads, great support and lately slippage has been very good.
I continue to try other brokers, and the longest I lasted with these brokers is a week. Compared to Pepperstone there is daylight between them. Below is a growing list of brokers I've tried and rejected. Usually the slippage is a lot worse and latency is pretty bad, and some have better spreads, some worse but overall nowhere near as good as pepperstone. I remain with pepperstone. Haven't tried Exness so can't comment.

Go Markets
IC Markets
Synergy FX
FX Open
FXCM
Axitrader




Thanks for sharing,Agree with you latecy is very bad on fxcm.

I am looking for a brokers that offers a very small minimum account like $10,Since this is gonna be my first live account.
Hotforex and instaforex are offering a very mall account.If anyone have a feedback on this,please share it :)

Thanks

I use both of them, both are good but Intaforex is much better if you trade only major pairs (fixed spread of 3 pips , you'll get back 1.7 pips as rebate which means you pay a fixed net spread of 1.3 pips on all major pairs) withdrawal takes about 1 hours to get your money in your wallet (skrill , netteler...etc) no fees for deposit and withdrawal via skrill, no slippage and lately very fast execution. Hotforex has reasonable spreads on minor pairs, they charge 1% fees for withdrawals via skrill! Anyways, they're pretty good; I'm a trader at InstaForex since 3 years ago and I really can't find better.

togr posted:
never ever do anything with Instaforex - biggest scam of all time
Did you try Instaforex and see something wrong? I guess not 😄 because if you tried you won't say this!
The only complaint I saw about Instaforex was from cheaters who try to break the deposit bonus regulation using cheating techniques. Instaforex has never break their agreement, and actualy there's no real complaint about Instaforex except those cheaters. So plz don't accuse companies just like that!
Quand on veut on peut
Ahli sejak Nov 21, 2011   1718 hantaran
Mar 29, 2014 at 15:01
InstaForex = noob broker

I'm with Pepper too... razor account is good.

I may found better with FxOpen... When big news comes up... they provide lower widen spread than Pepper.
Ahli sejak Feb 22, 2011   4862 hantaran
Mar 29, 2014 at 21:12
FxProdz posted:
ivandeep posted:
Donex posted:
I use Pepperstone, ECN Razor Account. Gread spreads, great support and lately slippage has been very good.
I continue to try other brokers, and the longest I lasted with these brokers is a week. Compared to Pepperstone there is daylight between them. Below is a growing list of brokers I've tried and rejected. Usually the slippage is a lot worse and latency is pretty bad, and some have better spreads, some worse but overall nowhere near as good as pepperstone. I remain with pepperstone. Haven't tried Exness so can't comment.

Go Markets
IC Markets
Synergy FX
FX Open
FXCM
Axitrader




Thanks for sharing,Agree with you latecy is very bad on fxcm.

I am looking for a brokers that offers a very small minimum account like $10,Since this is gonna be my first live account.
Hotforex and instaforex are offering a very mall account.If anyone have a feedback on this,please share it :)

Thanks

I use both of them, both are good but Intaforex is much better if you trade only major pairs (fixed spread of 3 pips , you'll get back 1.7 pips as rebate which means you pay a fixed net spread of 1.3 pips on all major pairs) withdrawal takes about 1 hours to get your money in your wallet (skrill , netteler...etc) no fees for deposit and withdrawal via skrill, no slippage and lately very fast execution. Hotforex has reasonable spreads on minor pairs, they charge 1% fees for withdrawals via skrill! Anyways, they're pretty good; I'm a trader at InstaForex since 3 years ago and I really can't find better.

togr posted:
never ever do anything with Instaforex - biggest scam of all time
Did you try Instaforex and see something wrong? I guess not 😄 because if you tried you won't say this!
The only complaint I saw about Instaforex was from cheaters who try to break the deposit bonus regulation using cheating techniques. Instaforex has never break their agreement, and actualy there's no real complaint about Instaforex except those cheaters. So plz don't accuse companies just like that!

I had real account with instaforex,
execution sucks
spread was high
support was terrible
it is band of ignorants.
The withdrawal took 2 months and lot of time and effort from my side.
Ahli sejak Jan 16, 2014   42 hantaran
Mar 29, 2014 at 21:12
CrazyTrader posted:
InstaForex = noob broker

I'm with Pepper too... razor account is good.

I may found better with FxOpen... When big news comes up... they provide lower widen spread than Pepper.

Lol I guess you have no experience with Insta mate😀 and I'm surely you don't have any Idea about it 😈 Am right , eh??
What makes pepperstonne the best broker? Slippage maybe? High spread at news? limit withdrawal methods?? What?

For ECN brokers , there's no better than FXPRO and Ironfx,; But the guy is looking to open a small accout 😉

Spread isn't the only criteria to choose a broker. Anyways, everyone has his favorit broker according to his conditions, so I'll never try to convince anyone to choose his broker 😎

@ Ivan
You can also try XM, it's a great broker too!
Good luck!
Quand on veut on peut
Ahli sejak Jun 15, 2013   37 hantaran
Mar 30, 2014 at 08:06
Yeah for micro accounts I would rather go with XM. Practice until your PNL gets good then you can transfer to standard ECN account type brokers.

XM has great execution and gives you high leverage when you are still starting out. They also give you 30% bonus on top of your deposit so you can open bigger lot sizes. But don't let it get to your head, you should still trade properly.
Ahli sejak Jan 16, 2014   42 hantaran
Mar 30, 2014 at 14:58
togr posted:
FxProdz posted:
ivandeep posted:
Donex posted:
I use Pepperstone, ECN Razor Account. Gread spreads, great support and lately slippage has been very good.
I continue to try other brokers, and the longest I lasted with these brokers is a week. Compared to Pepperstone there is daylight between them. Below is a growing list of brokers I've tried and rejected. Usually the slippage is a lot worse and latency is pretty bad, and some have better spreads, some worse but overall nowhere near as good as pepperstone. I remain with pepperstone. Haven't tried Exness so can't comment.

Go Markets
IC Markets
Synergy FX
FX Open
FXCM
Axitrader




Thanks for sharing,Agree with you latecy is very bad on fxcm.

I am looking for a brokers that offers a very small minimum account like $10,Since this is gonna be my first live account.
Hotforex and instaforex are offering a very mall account.If anyone have a feedback on this,please share it :)

Thanks

I use both of them, both are good but Intaforex is much better if you trade only major pairs (fixed spread of 3 pips , you'll get back 1.7 pips as rebate which means you pay a fixed net spread of 1.3 pips on all major pairs) withdrawal takes about 1 hours to get your money in your wallet (skrill , netteler...etc) no fees for deposit and withdrawal via skrill, no slippage and lately very fast execution. Hotforex has reasonable spreads on minor pairs, they charge 1% fees for withdrawals via skrill! Anyways, they're pretty good; I'm a trader at InstaForex since 3 years ago and I really can't find better.

togr posted:
never ever do anything with Instaforex - biggest scam of all time
Did you try Instaforex and see something wrong? I guess not 😄 because if you tried you won't say this!
The only complaint I saw about Instaforex was from cheaters who try to break the deposit bonus regulation using cheating techniques. Instaforex has never break their agreement, and actualy there's no real complaint about Instaforex except those cheaters. So plz don't accuse companies just like that!

I had real account with instaforex,
execution sucks
spread was high
support was terrible
it is band of ignorants.
The withdrawal took 2 months and lot of time and effort from my side.

Ohh,, that's really a bad experience, I'm so sorry. But actually nothing of what you have mentionned happens with me, so maybe things changed? I don't know, but I have no problem with them!

About the execution, yes it was slow, but lately it becomes very fast, as fast as fxpro and some other good brokers,,, it won't cost you anything if you try it in demo!
Spread is 3 pips- 1.7 pips rebate = 1.3 pips fixed spread for all major pairs ( No slippage, no high spread in high volatility caused by big news)
They have a very good support, everyone can check it by himself; it's easy I guess!
My money takes usually less than 2 hours to reach my Skrill, sometimes it takes only 20 minutes! Bank wire doesn't exceed 5 days!

There's no perfect broker, so the most important thing is to be confortable with your broker. I hope everyone is doing great and happy with his broker!
Quand on veut on peut
Ahli sejak Feb 07, 2014   16 hantaran
Mar 30, 2014 at 14:58
Thanks for sharing guys,Okay instaforex is not in my list now.How about hotforex?
Less is More
Ahli sejak Feb 07, 2014   16 hantaran
Mar 30, 2014 at 14:58
or oanda ?
Less is More
Ahli sejak Feb 07, 2014   16 hantaran
Mar 30, 2014 at 14:59
FxProdz posted:
CrazyTrader posted:
InstaForex = noob broker

I'm with Pepper too... razor account is good.

I may found better with FxOpen... When big news comes up... they provide lower widen spread than Pepper.

Lol I guess you have no experience with Insta mate😀 and I'm surely you don't have any Idea about it 😈 Am right , eh??
What makes pepperstonne the best broker? Slippage maybe? High spread at news? limit withdrawal methods?? What?

For ECN brokers , there's no better than FXPRO and Ironfx,; But the guy is looking to open a small accout 😉
ing [the
Spread isn't the only criteria to choose a broker. Anyways, everyone has his favorit broker according to his conditions, so I'll never try to convince anyone to choose his broker 😎

@ Ivan
You can also try XM, it's a great broker too!
Good luck!


Thanks bro,is xm really trusted because there is some bad feedback about them.
Less is More
Ahli sejak Nov 21, 2011   1718 hantaran
Mar 30, 2014 at 21:30
Just for fun comparison: FxOpen vs Pepperstone (both ECN account)

'Spread' is screen shot of current spread 17 min after Market opened today.
'MAXS' is the highest spread recorded since market opened.




Lampiran:

Ahli sejak Jan 16, 2014   42 hantaran
Mar 31, 2014 at 05:19
ivandeep posted:

Thanks bro,is xm really trusted because there is some bad feedback about them.

Don't believe all what you read in forums and sites; If you follow them you'll think that all brokers are scam!

XM is a great broker; fully regulated ( by FCA and CySec). Maybe they don't offer a competitive spreads but they're a good broker!
Quand on veut on peut
Ahli sejak Oct 26, 2013   2 hantaran
Mar 31, 2014 at 05:19
Traders Way open an account for 10 dollars 1000 to 1 leverage for low spreads open a mt4 ecn account, -- not the micro--- spreads are alot higher on the micro acct. and hedging is allowed you wont be let down
free to fund your acct through a wire transfer
    
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