Voting
1pipfix
Rate the broker you know! Brokers can reply to traders' reviews after properly identifying themselves.
FxStat, Power to traders www.FxStat.com
1 pip spread...... Anyone tried this broker?
FIXED 1 PIP SPREADS ON 3 MAJORS AND LOW SPREADS ALL PAIRS
EURUSD 1 GBPUSD 1 USDJPY 1 USDCHF 1.8 USDCAD 2.8 EURJPY 1.8 AUDUSD 1.8 EURCHF 1.8 EURJPY 1.
At least 1000 deposit to get above spreads.
Dont know about this company though. Its reputation should be checked before investing.
The good or ill of a man lies within his own will. – Epictetus
I read somewhere about 0.5 pip too. Lets me think where it was...........................
How a broker can earn profit with so little spread?
Originally posted by SashaHow a broker can earn profit with so little spread?
Good Question![[cool]](/themes/default/images/smiles/cool.png)
. In this competitive world, a business needs to survive by offering something attractive. Low price is one of the most attractive factor for customers. These brokers are using this factor to survive. Sometimes profit is not the objective in short term.
Originally posted by ChampI read somewhere about 0.5 pip too. Lets me think where it was...........................
if you got that broker than plz share here iam w8ing for ur reply
http://www.xynafx.com/ Xynafx ... fund managers and forex signal service providers Minimum investment for our Forex managed Account service is $2k that will be managed individually in one investors account. XynaFx signals As low as $26 per Month.
Originally posted by SashaHow a broker can earn profit with so little spread?
Small spread is not a big problem if you have thousands of clints and daily hundread of thousands trades are executated and here in my country there is a broker that charge only 0.5 paisa that is equal to i think near 0.01 cents and they are biggest broker in our stock exchange.
http://www.xynafx.com/ Xynafx ... fund managers and forex signal service providers Minimum investment for our Forex managed Account service is $2k that will be managed individually in one investors account. XynaFx signals As low as $26 per Month.
Originally posted by sadscorpion
Originally posted by Sasha
How a broker can earn profit with so little spread?
Small spread is not a big problem if you have thousands of clints and daily hundread of thousands trades are executated and here in my country there is a broker that charge only 0.5 paisa that is equal to i think near 0.01 cents and they are biggest broker in our stock exchange.
That's right, volume is everything. Even with low spreads, hunderds of thousands of transactions can soon add up. This is where many companies are and governments are going wrong. Things are too expensive so people are buying less. Reduce the price, you get hight volume turnover and the need to create jobs to manufature more.
yaa dear you are right that is the problem forex is thats why is famous in individual traders bcs of low spreds or you can say fees thats why more peoples are turning to forex rather than the local stocks trading.
http://www.xynafx.com/ Xynafx ... fund managers and forex signal service providers Minimum investment for our Forex managed Account service is $2k that will be managed individually in one investors account. XynaFx signals As low as $26 per Month.