Spreads Widening For A Newbie? | Forex Factory

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Spreads Widening For A Newbie?

  • #1
  • First Post: Edited Apr 9, 2020 5:59am Mar 12, 2020 7:48am | Edited Apr 9, 2020 5:59am
Remove
  • #2
  • Mar 13, 2020 12:50am Mar 13, 2020 12:50am
try raw accounts, you will pay commison but spreads are 0-1 pip, and then you dont have to worry about spreads
patience, patience, patience and after that more patience
  • #3
  • Mar 13, 2020 4:38am Mar 13, 2020 4:38am
Quoting vanca
try raw accounts, you will pay commison but spreads are 0-1 pip, and then you dont have to worry about spreads

I don't believe there is such a thing in a real ECN broker because no broker can guarantee that. They have their liquidity providers that control the spread.

I just want to know if I am demoing does a demo account take in consideration spread widening or not.
  • #4
  • Mar 18, 2020 12:49am Mar 18, 2020 12:49am
you are overthinking this, open small live account and try... in my opinion if you have good strategy for example w/l 50/50, rr1-3(or more) even spread took some profitabiles trades you are good
patience, patience, patience and after that more patience
  • #5
  • Mar 18, 2020 7:21am Mar 18, 2020 7:21am
Quoting FX2Life
My question is, in a demo account if spreads widen and I am in a trade does it get reflected in a demo account, or will I have to worry about that in live account only?
Demo and live do not differ in this matter.
Return To Disorder
  • #6
  • Mar 18, 2020 7:29am Mar 18, 2020 7:29am
Quoting rockit
{quote} Demo and live do not differ in this matter.
So if on a demo and spreads widen, they will be reflected in the equity while I am in a position correct?

I know it is a newbie question and from someone who have been in this for years.
  • #7
  • Mar 18, 2020 8:50am Mar 18, 2020 8:50am
They should. It depends on how reliable your broker is though.
  • #8
  • Mar 18, 2020 8:51am Mar 18, 2020 8:51am
Quoting mlawson71
They should. It depends on how reliable your broker is though.
Yea most brokers are 100% scam. Wrote a thread about them. So yes I know who is unreliable.
  • #9
  • Mar 18, 2020 8:54am Mar 18, 2020 8:54am
Quoting FX2Life
{quote} Yea most brokers are 100% scam. Wrote a thread about them. So yes I know who is unreliable.
Where is the thread?
  • #10
  • Mar 18, 2020 9:27am Mar 18, 2020 9:27am
Quoting mlawson71
{quote} Where is the thread?
Here it is:

https://www.forexfactory.com/showthr...9#post12821169

Check it out and let me know what do you think or if you need any help.
  • #11
  • Mar 20, 2020 9:16am Mar 20, 2020 9:16am
Quoting FX2Life
{quote} Here it is: https://www.forexfactory.com/showthr...9#post12821169 Check it out and let me know what do you think or if you need any help.
Thank you so much!
  • #12
  • Mar 20, 2020 9:14pm Mar 20, 2020 9:14pm
Quoting FX2Life
{quote} Yea most brokers are 100% scam. Wrote a thread about them. So yes I know who is unreliable.
Thanks for this info, since i am a newbie was looking our for some good information.
  • #13
  • Mar 21, 2020 6:54am Mar 21, 2020 6:54am
Check out the broker section here on FF, there is plenty of information there!
  • #14
  • Mar 21, 2020 10:39am Mar 21, 2020 10:39am
Quoting mlawson71
Check out the broker section here on FF, there is plenty of information there!
All brokers discussed on FF are bucketshops that I won't bother with them.
  • #15
  • Mar 24, 2020 5:18am Mar 24, 2020 5:18am
Quoting FX2Life
{quote} All brokers discussed on FF are bucketshops that I won't bother with them.
They discuss many, many brokers in that section, is it possible that all are bucketshops?
  • #16
  • Mar 25, 2020 6:00am Mar 25, 2020 6:00am
Quoting mlawson71
{quote} They discuss many, many brokers in that section, is it possible that all are bucketshops?
Yes.

Read my thread: https://www.forexfactory.com/showthread.php?t=987254
  • #17
  • Mar 25, 2020 9:41am Mar 25, 2020 9:41am
Quoting FX2Life
{quote} Yes. Read my thread: https://www.forexfactory.com/showthread.php?t=987254
Thank you, that's a very detailed guide!
  • #18
  • Mar 25, 2020 1:30pm Mar 25, 2020 1:30pm
Quoting mlawson71
{quote} They discuss many, many brokers in that section, is it possible that all are bucketshops?
It is really getting harder choosing the right broker and differentiate which one is good and which is a bucket shop. SO better doing some of our own research before finalizing the right broker. Some sites like FPA can be a good source finding out real insights regarding any broker.
  • #19
  • Last Post: Mar 27, 2020 8:51am Mar 27, 2020 8:51am
I agree about that. Be proactive, do your own research, don't rely on others for information.
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