Mr
Mr
What We Do!
TOP 5 LOWEST SPREAD FOREX BROKERS IN 2018. SEE FULL LIST HERE!
There are 3 types of forex brokers: Market Maker, STP, and ECN. For first 2 types, their main income is spread. Thatu2019s why their spreads are much higher than that of ECN brokers. When they get quotes from liquidity providers, they will add the transaction fee (spread) to those quotes (a process called Mash Up). For ECN brokers, they will provide the exact quotes that liquidity providers provided. Therefore, they have to charge commission as it is their main income.
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About Mr
Recently, there are many of my subscribers sending me emails asking: “Who are lowest spread brokers?” I can easily list down 5 lowest spread brokers, but I am afraid that those who asked are not sure what they want and what they will do with my list. That’s why I am writing this article to help you understand every aspects of low spread brokers.
Spread is the difference between the Bid and the Ask prices. It is the transaction fee you have to pay for brokers or banks. The higher the spread, the higher the transaction cost. That’s why most traders want to trade with low spread brokers. However, not all traders want to trade with lowest spread brokers. The information below is my own experience. You cannot find anything like this anywhere else. So let’s read all this article to understand all.
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Pineland, Florida 59001 US