Hello colleagues, I need helping finding the Lowest Spread for the Pair AUDUSD. We are working on a trade system that requires low spread, especially for this pair, but so far I have not seen anything satisfying.
I checked Oanda, what I saw was an average spread of 1.3 on 5 digit quote. I don’t know if this includes commission or not, but it is too high.
Exness has a minimum commission of 0.5 for this pair; this is just minimum, I wonder what the average spread is. Then what is the commission like. I already registered here to find at, but please fill me in if you trade with exness.
Hotforex has average spread 0.8 and a commission structure of 0.8 per round turn. This is still too high, unless there are other account types and plans with lower spread and commission on their platform. I I need help with this too.
Profiforex has an average spread of 0.6 for AUDUSD and a commission of 0.3 per round turn, and there is a 0.1 pip rebate for each trade, which lowers the spread further. This is a good deal, but for this pair, it just won’t work. I have made 4 trades here, great platform, but broker says that is the best they’ve got.
Is there no way to get a 0.2 spread for AUDUSD? Please help me find a broker with spread as low as that.