urgent pls enter
- Thread starter hemaya
- Start date
- Watchers 9
Using our advanced Forex broker search form, you can filter brokers according to your needs. This link lists brokers with 1 pip fixed spread on EUR/USD and an option for a 4-digit platform:
http://www.earnforex.com/search-for...ir=&lev=1&st=f&typ=1&msp=&nd=4&mps=10&s=&sf=1
http://www.earnforex.com/search-for...ir=&lev=1&st=f&typ=1&msp=&nd=4&mps=10&s=&sf=1
Whoa, the font size on that post is all the way up..to the poster, you may want to stick to normal font - just sayin'.
On the spread, at the moment using Trader's Way for ecn accounts and the spreads are 1 pip or less. And as regards the digits, don't you need 5 for greater accuracy?
On the spread, at the moment using Trader's Way for ecn accounts and the spreads are 1 pip or less. And as regards the digits, don't you need 5 for greater accuracy?
Take a look at ThinkForex. They have low spreads and 5 digit pricing. i have been happy with the so far and the exeuction is really fast.
I guess its has to be 4 digit for a certain EA, if im not mistaken. not so sure about 4 digit pricing though, I trade with hotforex and they are also a 5 digit broker, but they are decent and EA friendly 🙂
When a broker provides 5 digit pricing it is a benefit to the trader since they receive tighter spreads reducing the cost per trade. Where a 4 digit broker will have spreads that are 1, 2 or even 3 pips. A 5 digit broker will have spreads that are 1.2 or 1.5. If your EA trades in high volume, most scalper EAs do, you can save a good amount by trading with a 5 digit broker. BTW ThinkForex allows all EAs using any strategy.
Just wish the poster would edit the post to normal font, the over the top one is still active. Yeah, exactly, for example all my brokers offer me 5 digit quotes, and as a result, even tighter spreads. So opting for a 4 digit one just does not make any sense, in any part of the world unless you have traveled back in time to '80
You'll Probably get that from True ECN brokers, but have you consider how much you will pay for a trade with such a low spread. You must beware of ECN brokers because the spreads are low, but there are hidden charges that can suck you dry. How about you check out Profiforex, an STP broker. Their Spread on EUR/USD is 2spread and you only have to pay a commission of 0.3pips for the whole deal and nothing more. Interbank 5 digit quotations.
