Community Forex Questions
How important are low spreads for you?
The main income of a broker is spread. If the spread is low then the broker is obliged to provide good service. There are many types of brokers, but before you can deposit in the broker, you must collect detailed information about the broker. The selection of an existing broker must be able to pay attention to it properly. This is needed and necessary so that traders can be maximized in carrying out trading activities in accordance with the expectations of a broker.
Low spread is not critical if you are not scalping. If you trading higher timeframes you use big SL and TP therefore spread loses interest. However low spread is always better
Jul 27, 2021 05:12