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Fixed Spread Forex Brokers
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What is Fixed Spread in Forex Trading?
The trading cost always is the key feature to any trader or investor, as by the end of the day a significant amount can be paid just for the difference between the sell and buy price. It is a fact that typically the trading costs charged by the Broker are built into a difference between the price for a particular instrument or more known as a spread. Read about Spreads on Wikipedia.
- Initially, there are known two types of spread offering, which is either the fixed spread or the variable or floating spread.
| 🏦 Spread | Fixed Spread typically 1 pip for EUR/USD |
| 💰Commission | No |
| 📈Leverage | Yes |
| 📉Positions | Sell and Buy |
What is Fixed Spreads Platform?
Based on what we found, it is not about the platform. but about the broker, you are trading with. The broker offers certain conditions and offerings through the platforms.
Most often reputable and well-regulated companies offer Fixed Spread to the potential benefit of their traders. Yet, always consider only sharply authorized brokers as the risk to fall under fraud through a non-regulated brokerage offering Fixed Spread opportunity is extremely high due to its loss of obligations towards any laws.
- The Fixed Spread, as is obvious from the name, is fixed to the particular charge, which remains the same under any market conditions, throughout liquidity or volatility. This model brings a stable trading environment and makes it a way easier to predict or calculate the total trading cost.
- Fixed Spreads usually offer a wider cost, as the Broker should include in the proposal all risks, rather than the floating spread that changes according to the market conditions.
- Nevertheless, there are many strategies which demand, in particular, the Fixed spread due to its nature (Read about Xtrade broker) and is a necessary demand within the long-term traders or the beginning ones (Check out Forex Brokers for Beginners).
- Important to note that it is common for the Fixed Spread Forex Brokers are operating as OTC Brokers or Market Maker Brokers in order to provide liquidity.
| Fixed Spreads Advantages | Fiixed Spreads Disadvantages |
|---|---|
| Easy to calculate trading commissions | Fixed spreads are usually higher |
| Preferable for EA traders | Requotes on the Instant Execution account types |
| Good for Beginning Traders | |
| No slippage | |
| The spread doesn’t widen during high volatility and low liquidity | |
| You always know the spread size |
Top 5 Best Fixed Spreads Forex Brokers
Below you will find a listing of the Best Reviewed Brokers with Fixed Spreads based on our expert review and opinion. We selected these brokers taking into consideration special criteria of being highly regulated with best conditions for fixed spreads:
- BDSwiss – Best Overall Fixed Spreads Broker 2024
- IG – Best Fixed Spreads Brokers for Beginners 2024
- Saxo Bank – Best VIP Fixed Spread Broker 2024
- XTB – Best MT4 Fixed Spread Broker 2024
- FBS – Best EA Fixed Spread Broker 2024
What is MT4 fixed spread?
MT4 fixed spreads is a platform representing the broker’s offering including fixed spreads, fixed spreads accounts have a predetermined and stable spread.
USA forex brokers which have fixed spreads
In order to operate in the US broker should strictly adhere to the local regulator. Among the brokers available for US clients with fixed spreads are OANDA and Interactive Brokers.
List of Fixed Spread Platform Brokers
Here we check and provide list of Fixed Spread Forex Brokers with good regulation and Fixed spreads offering available:
| Broker | Detail |
|---|
