Low spreads is good for scalping

[MUKARRAM]

Low spreads is one of the most important elements of trading. The broker who gives low spreads are basically well known to the traders. Specially the newcomers and the low investors rely on the low spreads broker. I usually trade with TP Global FX, which provides low spreads starting from 0.01 pips. Their spreads don't change much. So, it is very much pleasant for me to trade with them.

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[mlawson71]

Low spreads are very much a necessity, I think, even when one is not scalping. Every pips matters when trading.

 

[nickmarker]

Anyone serious about trading should

What do you mean by RAW Account?

Its a zero spread account, so the broker charges commission per trade

 

[Daantje Pieters]

If the spread is not low, it is very difficult to make a profit. Many traders make excessive spreads due to wrong broker selection. Which is very difficult for a broker to maintain. As a trader, I have to choose the right broker first then think of profit. I have been trading in Eurotrader brokers for a long time.

 

[Kirankrithika]

Lower spreads are good when scalping, and it can be useful even for trading with higher leverages.

 

[Daantje Pieters]

Much better for low spread scalping. So when a trader selects a broker, he has to think about a low spread broker. If a trader wants to survive in trading, he has to trade with a good broker. I trade with Eurotrader brokers.

 

[Ry@n]

Using lower spreads is a possibility for a trade to achieve higher profits, and during the major forex, a low spread indicates low volatility and high liquidity, making it easy to predict.

 

[mlawson71]

I can't imagine any trader would deliberately go looking for a broker with wide spreads.

 

[5ebastian]

A scalper mostly prefers lower spreads for scalping to have the advantage of predicting the right price value. Spreads can also differ depending on the currency pair and the time frames as well.

 

[Sean Wallace]

When anyone wants to start a online trading, he has to choose a broker for better guideline. Not only newcomers, Old investors also has to choose a broker so that they can easily operate their trade.It is difficult to choose the best broker from so many brokers in the market. Making profit will be difficult with wrong broker.
When I was searching a broker for me, I researched so many brokers in the market. Every broker has some lacking.

 

[mlawson71]

There are no perfect brokers, I realized that a while ago. Still, there are some pretty good ones - with proper regulation and fairly decent trading conditions. It's important to take your time researching companies before committing to one.

 

[Aldo-Jr]

Low spreads and commission costs are good for scalping, which is why many traders trade with ecn brokers that have tighter spreads.

Without low spreads making profits is difficult, and low spreads indicate low volatility with high liquidity.