Holy Crap Look At Those PIPS!
I’ve checked out various brokers spreads but had not looked closely enough at the three I’m considering.
If you’ve read many of my posts you are aware I like Gold. I just noticed the spread on one of my demo accounts, 50 pips. High but I have cashed in on trading Gold so I will continue. Then I looked at a second demo account I have running and the spread was 150 pips!!! The third was 10 pips!
Fortunately the broker I am leaning toward has the lowest spread, FastFX (Fast Broker). The broker I have nearly decided to drop, REALForex (LiteForex) has the highest.
It is true that spreads vary between currancy pairs and FastFX is not always the lowest. I am finding that there is no perfect forex broker and that we all must find the one that best fits our needs. It’s not easy so a great deal of research is imperative.
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