I need a broker with lowest possible spread and commission | Forex Factory

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I need a broker with lowest possible spread and commission

  • #1
  • First Post: Sep 17, 2023 1:19am Sep 17, 2023 1:19am
Hello I developed a succesccuful trading bot but commisions take a large chunk of profits. Can you suggest best brokers for trading bots, that that take amount of comission?
  • #2
  • Sep 17, 2023 4:14am Sep 17, 2023 4:14am
Quoting Bole55
Hello I developed a succesccuful trading bot but commisions take a large chunk of profits. Can you suggest best brokers for trading bots, that that take amount of comission?
You are since 2022 member here and can not post in the right corner. This is the system relevant corner. Why this?
Perfection is the enemy of good enough!
  • #3
  • Sep 17, 2023 9:45pm Sep 17, 2023 9:45pm
Quoting Bole55
Hello I developed a succesccuful trading bot but commisions take a large chunk of profits. Can you suggest best brokers for trading bots, that that take amount of comission?
From what I'm seeing lately, Fusion Markets and After Prime are probably your best bets. Although, I don't know if it's just the top layer of the spread that is super tight and then no volume / depth of market. Either way, probably worth a look.
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  • #4
  • Sep 22, 2023 4:55am Sep 22, 2023 4:55am
I have done a lot of research and the lowest spread in the industry is offered by TD365 https://go.td365.com/visit/?bta=35251&brand=td365.

Besides that, they offer fast withdrawals and you can trade in your local currency without exchange rates. I like that.
  • #5
  • Sep 25, 2023 9:27am Sep 25, 2023 9:27am
I make my own trading bots for quite some time now. In my opinion if you have a high frequency of trades raw spread accounts from IC Markets and Pepperstone are great options. Both have very low spread, and commission. Personally i am with IC Markets Seychelles, which gives me the option to trade with 1:500 leverage and grow small accounts efficiently. Trading with them for over 10 years now so i kind of know all the in's and out's. PM me if you want more information on them
  • #6
  • Sep 26, 2023 5:39am Sep 26, 2023 5:39am
Quoting Bole55
Hello I developed a succesccuful trading bot but commisions take a large chunk of profits. Can you suggest best brokers for trading bots, that that take amount of comission?

How low should be commission and spread to make your bot profitable? You can consider Tickmill or Hotforex they charge 4$ commission round turn per lot, also spreads are close to zero on major pairs during London session.

Or you need less? I'm afraid this isn't possible for retail
  • #7
  • Last Post: Oct 16, 2023 12:56pm Oct 16, 2023 12:56pm
Quoting Bole55
Hello I developed a succesccuful trading bot but commisions take a large chunk of profits. Can you suggest best brokers for trading bots, that that take amount of comission?
For what instruments?
Spreads on indices are pretty good with OspreyFX, but that's all I trade so I'm not sure about any other instruments.
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