LOW SPREAD BROKERS

What is a low spread broker?

A low spread broker is a type of broker that offers low spreads on the currency pairs that they trade. Spreads are the difference between the bid and ask prices of a currency pair, and a low spread broker will offer tight spreads, typically 2 pips or less.

Why trade with a low spread broker?

Spread is one of the main costs of trading forex, and by trading with a low spread broker, you can keep your costs down. This is especially important if you are a scalper or day trader, as you will be opening and closing lots of trades, and the spread can add up quickly.

What to look for in a low spread broker?

When you are looking for a low spread broker, you want to make sure that they are a reliable and trustworthy broker. You also want to make sure that they offer low spreads on the currency pairs that you want to trade.

How to choose a low spread broker?

The best way to find a low spread broker is to compare them side by side. You can use a broker comparison site like BrokerNotes to compare the spreads of different brokers.

Once you have found a few brokers that offer low spreads, you need to compare them on other criteria as well. This includes things like account types, deposit requirements, customer support, and platform options. You also need to make sure that the broker is regulated by a reputable body such as the FCA in the UK or the ASIC in Australia.

Top 3 low spread brokers

. Pepperstone - Pepperstone is a leading online forex broker, offering low spreads from 0.0 pips on major currency pairs. They are regulated by the FCA in the UK and the ASIC in Australia.

2. AxiTrader - AxiTrader is a global forex broker, offering low spreads from 0.3 pips on major currency pairs. They are regulated by the FCA in the UK and the ASIC in Australia.

3. IC Markets - IC Markets is a global forex broker, offering low spreads from 0.0 pips on major currency pairs. They are regulated by the ASIC in Australia.