From talking to the salesman, I thought that the spread was 3 pips for ALL pairs, but I’m wrong, and this puts a whole new spin on my bottom line.
How do I find out what the spread is for whatever currency I want to trade?
I use GFT’s dealbook 360
Thanks for any replys.
but different brokers have different spread requirements. If you and I trade gbp/usd, my spread might not be the same as yours. On gbp/usd, i need to cover a 4 pip spread…
also once i know the spread, how do i find the dollar value of each pip without being in a position?
Thanks
I’ve trade in lite forex broker and i like their floating spread, I can scalp and always enter the market in zero spread there…
This broker is really fast and good for scalping. Spread can be find on the columns of BID and ASK, just calculate the gaps from BID to ASK. it’s the spread…