Forex broker from Australia. minimum deposit is $200. Very low spread: 0.1 on Razor account. Do you guys think other brokers can offer lower spread than that, to start the mark of 0.0# spread? 

Originally posted by megrawab

Forex broker from Australia. minimum deposit is $200. Very low spread: 0.1 on Razor account. Do you guys think other brokers can offer lower spread than that, to start the mark of 0.0# spread? 

Originally posted by Wbishop

 

Originally posted by megrawab

Forex broker from Australia. minimum deposit is $200. Very low spread: 0.1 on Razor account. Do you guys think other brokers can offer lower spread than that, to start the mark of 0.0# spread? 

The usual spread is actually around 0.5 on the eur/usd on the razor account, alot more if near weekend/beginning and during news, plus 0.7 pips worth in commissions. Around 1.5 on standard account. Not bad. If they didn't have a 2.0 stop level and have better fills during news they'd be perfect. But other than that they're a pretty decent bunch.

Which account type r u using? Moreover how about their support desk?

These spreads r not fixed. I dun think any broker has 0.1 or even near to 0.1 fixed spread. Their spread start with 0.1 and average spread is usually above 0.5. During high volatality it reaches 1.5, so dun take it as 0.1. 

Originally posted by uniquetrader

These spreads r not fixed. I dun think any broker has 0.1 or even near to 0.1 fixed spread. Their spread start with 0.1 and average spread is usually above 0.5. During high volatality it reaches 1.5, so dun take it as 0.1.