Which brokers pay the best pip-to-dollar ratio?

Is there a list or does someone know which brokers pay well for pips?

I created an indy and would appreciate if people could post their results; perhaps use EURUSD and an exotic pair like GBPNZD so we can comapre.

Thanks in advance.

forgive me if im confuse but what do you mean, please explain

For example, you're in profit on EURUSD for 100 pipettes with 0.01 then your equity will be ~£0.55 or whatever. I was wondering if brokers offer £0.65 or is that a silly question?

With every broker it is the same (unless they are run by Russian maffia, then they can vary (unlikely)).

Read some fundamentals, what is a pip and how are they calculated.

Oh dear...

Without being insulting, you need to do some serious research on exchange rates, Forex and trading in general I suspect. Babypips is a good site to get started as is investopedia.

If I understand correctly, the answer for your question is leverage. You should check what this one is.

Hmm.. are you talking about SWAPS?

I don't know if they are all the same or not.

I trade with TD Ameritrade/Think or Swim.

If I pay a commission (Which is basically 1 pip commission to enter and 1 pip commission to exit the trade) then the spread is generally around 1 pip or less.

Therefore, it's a 3 pip spread, give or take.

To break even, I generally need the underlying to move 3 pips one direction or another.

If it is non commission trading, then the spread is around 3 pips.

Sometimes, this changes. But for the most part, the spread is 3 pips.

I don't know exactly what you mean, but all brokers should be the same. I'm currently using FXDD

What?? It is the same..come on, even newbies know enough not to ask these sort of questions. As others have suggested, please check out babypips.

I know the English of OP isn't that good, but I think what he's trying to ask is about SWAP rates and not pip value. Which isn't a bad question...I don't know of any site that keeps track of swap rates for varioius brokers. And as you know, swap rates are something that can have a bit of variation depending on the broker.

//----

hey fiat..... it appears you are after the tickvalue paid per broker.... and yes, the eurgbp mentioned in your other thread pays the most at ibfx, 16.56 ..... but does it really "offer the best bang for your buck" .....

to determine the best account bang % you might need to factor in marginrequired..... increasing the margin required reduces the max number of lots per 1000$ which reduces the bang....... or bust......

if considering margin required, the nzdchf returns the most, 68, with ibfx...... eurgbp, 60..... those values will vary slightly over time as price does.....h
//---

I'm a new member and I am trying to follow this thread. Seems that there is a misunderstanding by some members for words like pips and swap rates.
Since these can certainly be confusing to the novice trader, like myself.
Perhaps someone can explain these terms in layman's language? Thanks

To clarify my original question, all i meant was do all brokers pay the same on EURUSD for example, if it moves 100 pips? So if everyone bought EURUSD @ 1.36050 and took profit @ 1.36150 = 10 pips (or 100 pipettes) and we all traded 0.1 lots, will we all get the same profit from different brokers?

I felt foolish asking my original question judging by some responses, but i didn't know so thought I'd ask; Hayseed knew what i meant, so thanks for the info.

@Tigress
Pips = price difference.
If your broker uses 5 decimal places for price on some symbols then the 5th decimal place is a fractional pip = pipette. On my MT4, if i drag my cursor from 1.36000 to 1.37000, it shows 1000 but the correct way is to say 100 pips = 1000 pipettes. People usually only refer to price in pips, so if they say they took profit after 10 pips, then i adjust that to mean 100 pipettes as it makes more sense on my MT4.

Swaps = the amount your broker charges or pays you at the end of each day for trades still open. This varies wildly between brokers; you can compare different swaps here. Wednesday pays triple rollover as it takes into account the weekend. If you look at the link and select EURUSD, it shows AAAFx will take -0.52pips from you every day if you're short EU, not much but if you swing trade it adds up. Conversely, if you're buying EURUSD then AAAFx will pay you 0.08pips each day - yep, your broker actually gives you money!

FiatFap@how about negative correlative pairs pips value? AUDCHF, CADCHF

hayseed@first thanks for your shared MT4 work on FF, i am using some indicator which are developed by you.
do you any thread on ff from where i can download all indicators.
thanks, Hukam

//----

hey hukami..... unfortunately there is not a thread..... you can look in my profile for the forum attachments 'files' ...... any mq4 uploaded should be there..... it looks like that link returns images also, so you might have to scroll thru just lookin at the ones with mq4 attachments......

most of what i write now days is so graphics intense, it would take forever to explain...... h

Broker selection is the most complicated thing in the forex trading. So, be careful when you are going to choose a broker for you.

Yes you are right. Broker selection is very important and if you are new in forex and want to choose a broker, you must do some research on inernet to find a good and reliable broker.