Forex fixed spreads

The spread na the difference between the price wey you go buy asset and the price wey you fit sell am for on top the financial market. Spreads dey usually expand during market when e dey k-leg. Forex brokers wey offer fixed spreads dey give traders consistent spread, even when market dey k-leg. But make you note say this kind of brokers dem dey usually be the market makers and na them dem dey tap from the traders. Based on this kyn thing, e important say you choose Forex brokers wey get fixed spreads wey you sabi say dem dey reliable, dem dey well-regulated, and dem dey get better records of fair practices. To make am easy for you to select reliable Forex brokers wey offer fixed spreads, we don check and rate some top brokers for the list wey dey below.

8.28

HYCM read review

MT4MT5Copy tradingHigh leveragePAMM

Regulations

CIMA, CySEC, FCA UK

Platforms

MT4, MT5

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8.10

easyMarkets read review

MT4MT5Copy tradingHigh leverage

Regulations

ASIC, CySEC, FSA Seychelles +1 more

Platforms

MT4, MT5, TradingView +1 more

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5.59

FxPro read review

MT4MT5cTraderCopy tradingHigh leveragePAMMSignals

Regulations

CySEC, FCA UK, FSC Mauritius +2 more

Platforms

MT4, MT5, cTrader +1 more

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5.41

AMarkets read review

MT4MT5Deposit bonusCopy tradingECNHigh leveragePAMM

Regulations

MWALI International Services Authority

Platforms

MT4, MT5

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Fixed spreads dey start from 1 pip and floating spreads fit start from 0 pip. But, these 0-pip spreads fit expand during market when e dey k-leg or when major global news events happen. Fixed spreads dey better when you dey trade for market wey dey k-leg while floating spreads fit be very small under normal market conditions. For the end, the choice between the two dey depend on the trader’s strategy and trading style. Scalpers wey dey do quick-cash for market go prefer smaller spreads, while traders wey trade for the whole day or news traders fit choose fixed spreads. Make you note say Forex brokers wey offer fixed spreads na market makers wey get dealing desk. If trader choose unregulated broker, e fit come with risk for market manipulation and fraud. Na why, e highly important say make you select regulated broker wey go ensure say dem dey follow fair practices and market integrity.

FAQs about Fixed spreads

Wetin be fixed spread for forex?

For Forex and financial markets, fixed spread na the constant difference wey dey between the ask and bid or the price wey you go use buy and price wey you fit sell any trading instruments wey dem brokers don set. This kyn spread no dey change even if market dey k-leg and na so e dey give traders the ability to trade with the same spreads all the time.

Na fixed spread better pass?

Fixed spreads fit better for market wey dey k-leg sake of lower cost wey you go use trade. But for stable markets, floating spreads fit better sake of lower cost. For the end, everything dey depend on the trader’s strategy and approach.

Which broker get fixed spread?

Few Forex brokers dey offer fixed spreads, but trader suppose find reliable brokers wey get well-regulated status to avoid k-leg market manipulation sake of brokers wey offer fixed spreads na them dey tap from the traders wey dem get dealing desks to act as their mates for the trade.