Which is one beter ? Fixed ? Or Varaible? Spread.
What are the advantages\disadvantages for both ?
What are the advantages\disadvantages for both ?
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Quoting HoudDislikedWhich is one beter ? Fixed ? Or Varaible? Spread.
What are the advantages\disadvantages for both ?Ignored
Quoting HoudDislikedWhich is one beter ? Fixed ? Or Varaible? Spread.
What are the advantages\disadvantages for both ?Ignored
Quoting stockwetDislikedNeither, either, and both.
They both have their advantages and disadvantages. But, it depends on the type of trading system you use. If you trade long term, then, variable might be a great option since you can get good narrow trades and have flexibility on when to enter a trade. Fixed spreads might be better if you trade lower timeframes, but, you might be trading off in poor execution.Ignored
Quoting stockwetDislikedNeither, either, and both.
They both have their advantages and disadvantages. But, it depends on the type of trading system you use. If you trade long term, then, variable might be a great option since you can get good narrow trades and have flexibility on when to enter a trade. Fixed spreads might be better if you trade lower timeframes, but, you might be trading off in poor execution.
When I first started trading, I really worried about spread cost. As I've matured, though, I've learned to match the criteria I need from my broker with my trading style. Spread cost is only one of several important factors to me. But, I'd rather pay a bit more in spreads and have excellent execution than have narrow spreads and poor execution.Ignored
Quoting MoeDislikedgood point, i use fxsol for my news trading and do about 1+mio and while other brokers or charging between 8-12 pips during news im only paying 5 pips on gbp/usd and execution is second to none. it just amaze me how a broker can charge fix spread during news, but im loving it.Ignored
Quoting PipStarDislikedCould it be that FXSol has access to better liquidity than some of the other brokers?
Keep in mind though that although execution at FXSol is very good, it comes with slippage during news time. So a fixed spread of 5 pips with say 10 pips slippage is the same as a 15 pips spread with other brokers. Different brokers just use different ways of widening the spread during news.Ignored
Quoting MoeDislikedslippage, lmao, didn't you know that part of forex, i was talking to a trader who traded on currenex about three years ago and i was bitching about slippage and he bust out laughing saying he get slippage all the time sometime good sometime bad, with retail broker they just don't give you the good, i never realy get slip that much with fxsol maybe a pip or 2 depends on how you enter the market during news so i very happy with fxsol, i got more slippage from mb trading good and bad, just part of the game bro, don't let these retail broker brainwash you with this no slippage shit.Ignored
Quoting PipStarDislikedI think that you missed the point, my friend.
I also trade with FXSol. I was saying that although FXSol has tight spread, you will get slippage at news time and may end up upon execution of an entry order with the same price as with a broker who widens the spread but doesnt have slippage. But you will gain with FXSol when you close the trade since they dont widen spreads.
You will not see much slippage if you enter a trade before or after the news which I think explains why you rarely get slipped or not by much. But you will get slipped on an entry order at news time. I've been slipped 10-12 pips at times, other traders have reported 20 pips slippage at NFP. And yes, it's part ot trading the forex at news time.Ignored