Thread: No Spread and Commission Only Forex Broker

Originally Posted by ;

Spreads suck, both side of your transaction, then add commission and slippage in FX and you've got immediate reduction and a combo to get continuing losses. If you want zero spread, where you input the market direct with an open position at a loss or a profit, but unfortunately pay $7 round trip you need to use someone. IMO the only fair and profitable way .

Brokers which offer market execution can not offer zero spread because they put themselves under great risk in the place where they need to pay for you in the event of slippage. Market makers can offer you zero spreads all time but I am sure they are going to have spread 30-40 cents on your eurusd.

I have been trading with FXCM for over a year with no spread round turn for full lots. But, Forex.com bought their retail business and my trading cost have gone through the roof. That is an old thread but Im wondering if anybody has found what I'd with FXCM?

Originally Posted by ;

I've been trading with FXCM for more than a year with no spread, $6 around turn for complete lots. But, Forex.com purchased their retail business and my trading price have gone through the roof. That is an older thread but Im wondering if anybody has discovered what I'd with FXCM?

I'd FXCM , they had very tight spreads and commissions(depending upon your account type).Forex. Com doesnt have commission however large spreads.

Originally Posted by ;

Hi Guys, Appreciate if anybody have any idea on forex broker with NO SPREAD and ONLY COMMISSION charged. Thanks. Best wishes, Michael

Basically fixed spread account must fit the bill. I used one from Hotforex but discovered their uncooked spread account has low spread risks but much cheaper.
As an example fixed spread on EURUSD is 1.8 pips while on uncooked spread account it is 0.1 pip in typical $8 round turn.