Lea |
It is a very complex question and involves very much of an indepth analysis of what kind of a trader you are : long term trader ( position trading ), carry trade investor, swing or intraday, as well as the initial amount you are working with as your investment capital. There are some brokers that will offer a great fixed spread during news releases ( this would be totally the once that i would stick with if i were an intraday trader), some of the tighter spreads are offered by Oanda Corporation. Some of the brokers with the smallest fixed spreads require a substantial initial deposit on your behalf in order for you to enjoy those low spreads. Dukaskopy is one of those brokers. And , keep in mind, it is not only just about the "spread", but more importantly , you need to find out :
1) is the spread fixed ( meaning the same at all times ) ?
2) is the execution excellent ( the broker fills you momentarily no matter how fast the market is) or do they requote you to death?
Trade what you see, not what you think!
Friday, 11th September 2009
Sources:
Www.fxuniversity.org |
