Honest MT4 broker with tight EURGBP spread?

pprllo · September 13, 2009, 6:27am

I’m gonna start my journey in the world of Forex.

I’m looking for a good MT4 broker with tight EURGBP spread (2-3 pips max). I don’t have a lot of money to invest right now, so the minimum account size must be 5000 USD or lower.

I think I’m gonna try some short term operations (5-15 pips profit per operation), so I need a broker that will offer a decent spread to avoid eating away all my profits and that will not suddenly “close” my account taking away all said profits.

A good spread on the other major pairs would obviously be a plus.

Any tips ?

EDIT: Actually any platform is ok as long as I can access to some kind of automated trading charge-free (OANDA for example charges 600$ :()

EDIT 2: I forgot to add that the 1-3 pips spread target is for average spread, not actual maximum spread.

Mikhail_Tegin · September 15, 2009, 5:48am

pprllo, i thing that the tightness of the spread depends not only on a broker =)
but as to the topic, there are many brokers working with MT 4.0 or the same platforms, if you’re interest, i’m ready to help =)

usd123 · October 15, 2009, 5:06am

pprllo:

I’m gonna start my journey in the world of Forex.

I’m looking for a good MT4 broker with tight EURGBP spread (2-3 pips max). I don’t have a lot of money to invest right now, so the minimum account size must be 5000 USD or lower.

I think I’m gonna try some short term operations (5-15 pips profit per operation), so I need a broker that will offer a decent spread to avoid eating away all my profits and that will not suddenly “close” my account taking away all said profits.

A good spread on the other major pairs would obviously be a plus.

Any tips ?

EDIT: Actually any platform is ok as long as I can access to some kind of automated trading charge-free (OANDA for example charges 600$ :()

EDIT 2: I forgot to add that the 1-3 pips spread target is for average spread, not actual maximum spread.

i think you can try fxopen. std account requires just $100 and ECn account $1000. major pairs spreads is 2 - 3pips.

ibrahim2005 · October 18, 2009, 2:22am

Please help, I am also looking for reliable broker to trade EURGBP and EURCHF with very low spreads. Please let me know as soon as possible.

ibrahim2005 · October 18, 2009, 2:25am

Please send me your selection of Honest MT4 brokers with low spreads for trading EURGBP and EURCHF.

Regards,
Ibrahim

funtrader4 · October 18, 2009, 7:02pm

pprllo:

I’m gonna start my journey in the world of Forex.

I’m looking for a good MT4 broker with tight EURGBP spread (2-3 pips max). I don’t have a lot of money to invest right now, so the minimum account size must be 5000 USD or lower.

I think I’m gonna try some short term operations (5-15 pips profit per operation), so I need a broker that will offer a decent spread to avoid eating away all my profits and that will not suddenly “close” my account taking away all said profits.

A good spread on the other major pairs would obviously be a plus.

Any tips ?

EDIT: Actually any platform is ok as long as I can access to some kind of automated trading charge-free (OANDA for example charges 600$ :()

EDIT 2: I forgot to add that the 1-3 pips spread target is for average spread, not actual maximum spread.

Hey!
You can try my broker - WSD. You can open an account with them for as low as $200. Their spreads are competitive, for instance on EURGBP is 2 pips. You can download their demo account to get a feel of their trading platform and the rates they offer.