I saw that some brokers have reduced type 0.8 pip spread.
where's the catch?!
Broker with 0,8 pips spread...
I saw that some brokers have reduced type 0.8 pip spread.
where's the catch?!
Oanda offers 0.9 on EUR/USD variable and they are under NFA.
Check it out.
There is 95% chance that trader will lose his money, so broker can bet on this and here is catch. It will not make good money on your trades, but will make money when you lose !
Brokers with dealing desk plays against you right (u loose=they win, u win=yr account is in slow motion mod many requote and they don't want to keep your as client), but brokers with No dealing desk that offers ECN and not fixed spread only get payed from commission (u win = they are happy because more commission for them, more transparency)..Originally Posted by Fireman
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