Thread: Trading strategies: how to handle the spreds in brokers offshore

I am considering open account with an offshore broker for its low Spreads, but I have doubts about execution practices and possible hidden costs.Does anyone have experience with offshore brokers and how do the Spreads handle in real market conditions?

Low brokers offshore spreads can be very tempting, but you always have to investigate well.Look if the broker has a good reputation and verifies whether the hidden costs, such as the Slippage and the commissions, do not cancel the benefit of the spred bass.

Also be sure to review retirement policies and Slippage conditions under different circumstances.Sometimes the cheap comes out if you can't withdraw your funds easily.

Another thing to consider is regulation.The offshore brokers usually have more lax regulations, which can be a problem if any dispute arises.Make sure they have a valid license and check the comments of other traders.