No spread demos | Forex Factory

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No spread demos

  • #1
  • First Post: Feb 4, 2017 12:41pm Feb 4, 2017 12:41pm
Do you know brokers who offer No spread demo accounts?
When i google there are many of them but when i start creating a demo there is only Standart demo.
  • #2
  • Feb 4, 2017 9:20pm Feb 4, 2017 9:20pm
The question is not clear at all. I mean, do you mean by zero spread account? As honestly, I haven’t heard of something like no spread at all whether it’s on demo. If you are talking about zero spreads then there are many brokers like that, I don’t exactly know many but maybe Freshforex or FPMarkets? Honestly, I haven’t tried zero spread brokers too much, so this one was the only one that came to my mind for it, but even this is a company I HAVEN’T worked with.
  • #3
  • Feb 5, 2017 9:48am Feb 5, 2017 9:48am
Yes i am talking about Zero spread.I can find many brokers that offer Zero spread account but they only offer that for Real accounts.My question is does any one know a broker that offers a Demo Zero Spread Account.
  • #4
  • Feb 5, 2017 9:55am Feb 5, 2017 9:55am
I was just checking things and i found out that XM and FBS are offering one such account type. So try them out, but keep in mind i am just giving you the broker you asked for it's not about reliability, as that's something i am unaware about these companies.
  • #5
  • Feb 6, 2017 8:37am Feb 6, 2017 8:37am
I don’t think this type of account exists in the Forex market. If it does, I am sure the broker is using cent account to offer you that. However, I am not sure how it is helpful for the broker, unless it is a Market maker.
  • #6
  • Feb 6, 2017 12:58pm Feb 6, 2017 12:58pm
I guess we better choose to trade with an ECN/STP broker and before going live with any broker it is good to test their further processes like withdrawals etc with small amounts.
  • #7
  • Feb 6, 2017 1:15pm Feb 6, 2017 1:15pm
Never heard of a broker that has zero spread demo accounts. Sometimes the spread might go down to 0 or 1 points, but never a fixed 0 spread.
  • #8
  • Feb 6, 2017 3:59pm Feb 6, 2017 3:59pm
Quoting Nqkaf
Do you know brokers who offer No spread demo accounts? When i google there are many of them but when i start creating a demo there is only Standart demo.
What for do you need this account. Anyway any strategies tested there won't work on live..
  • #9
  • Feb 6, 2017 10:48pm Feb 6, 2017 10:48pm
ICMARKETS for EURUSD has both live and demo zero spread, with their ECN acocunts. They also simulate a 7$ commission per lot. The demo is based off of their live ECN account, which stays around 0-2 most of the day except during off hours 4-7 EST give or take. They offer 3 different demo servers. If you can try and get their 03 server. The other 2 get bogged down by EAs and result in lag and market gaps.

As for live, its not an issue.
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  • #10
  • Feb 8, 2017 4:38am Feb 8, 2017 4:38am
You can go with any Pure ECN brokers who provide direct feed from LPs out there and test their ECN account which can probably be the zero spread account you are looking for.
  • #11
  • Feb 9, 2017 4:00am Feb 9, 2017 4:00am
I for one really not sure what is the benefit when we talk about this zero spread demo account, I mean this is something very unique thing to talk about. I don’t know what can it do EXTRA for trader, as how will it make any difference to have zero spread or perhaps 0.1 or more spreads? Anyhow, I already suggested brokers that I thought might have it. So good luck.
  • #12
  • Feb 9, 2017 6:08am Feb 9, 2017 6:08am
Quoting fxtrading201
Never heard of a broker that has zero spread demo accounts. Sometimes the spread might go down to 0 or 1 points, but never a fixed 0 spread.
Absolutely right
  • #13
  • Feb 9, 2017 6:39am Feb 9, 2017 6:39am
VERY long time ago, I come across this Broker offering Choice Price (Zero Spread) for all Majors, but Commission asking for $60 Per Lot
It should be when EURUSD spread still around 2pips.

I think I'm off Topic... Anyhow... Just Saying
There is no Guarantee Winner for the Game
  • #14
  • Feb 16, 2017 10:32am Feb 16, 2017 10:32am
Quoting SeanSalsa
VERY long time ago, I come across this Broker offering Choice Price (Zero Spread) for all Majors, but Commission asking for $60 Per Lot It should be when EURUSD spread still around 2pips. I think I'm off Topic... Anyhow... Just Saying
That's a lot in commission..
  • #15
  • Feb 17, 2017 3:27am Feb 17, 2017 3:27am
Quoting leebsurag
{quote} What for do you need this account. Anyway any strategies tested there won't work on live..
Demo accounts are, in my opinion, only for testing the processes offered by any broker and that is the reason they are good to test a broker before opening live account with them.
  • #16
  • Feb 17, 2017 7:25am Feb 17, 2017 7:25am
Why would you need a 0 spread DEMO account?
  • #17
  • Feb 17, 2017 12:35pm Feb 17, 2017 12:35pm
Quoting thepiphunter
{quote} That's a lot in commission..
During that time, there aren't broker offering ECN or Spread 0 Pip at all, you will be paying 2 pips on EUR/USD plus commission ($10 per Lakh).
After Regulator tighten the whole market, The Spread may go back to 1-2 pips again...

I hope these days doesn't happen!
There is no Guarantee Winner for the Game
  • #18
  • Last Post: Mar 23, 2017 10:10am Mar 23, 2017 10:10am
Quoting SeanSalsa
{quote} During that time, there aren't broker offering ECN or Spread 0 Pip at all, you will be paying 2 pips on EUR/USD plus commission ($10 per Lakh). After Regulator tighten the whole market, The Spread may go back to 1-2 pips again... I hope these days doesn't happen!
I hear you!
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