Brokers with variable spreads tends to be worst in spread offering. Especially during high market volatilities or time of high fundamental spreads just jump up like wide fires. That is the disadvantage about them.
Here i would like to mention all my new fellow traders at forex that never consider any broker good as per spread rate until you check that strictly. Because there are number of brokers available who commit very low spread but over all charge you very high that's i prefer to trade with fixed spread broker which is instaforex. Because their spread remains the same in all market conditions. Those who commit very low spread mostly charge you slippage and also keep varying your spread.While instaforex charges just 3 pips and no slippage found yet from the 2 years trading experience.
For me the spread charged by instaforex is quite satisfactory. So neither i am searching a low spread broker nor i felt need of that. Even if there may be a broker who charge very low spread of 1 pip or less he may be charging some commission or spread may not be fixed.
insta forex costumer face program and Broker that offer lowest spread i think silicate broker man-tine house but all trader order sapience regular mantissas broker houses company rules or regulation Broker that offer lowest spread depended user chaise trader broker.
The lowest spread offered by brokers I've seen so far is 0,3 pips spread.
A lot of brokers offer such a spread nowadays but you need to open special account or deposit a lot of money first.
In general for small retail traders the spread is 2- 3 pips.
But remember Insta gives very high commission to IB and Affiliate Partner.
Good that one broker offers low spread but we must at the same time run from brokers with too low spread as there is need for a business to make money and if we are saying brokers should not make money from spread then it means such will close business soon and for these reasons, we need to be very careful
I think the lower spread are for the accounts that has higher deposits minimum. If my memory is correct theirs so many forex broker sites that has thousand of dollars minimum amount to invest and theirs spread are small. I guess its because the investments are big. I do hope that eventually I can make good income in forex trading. What I just need is big trading capital to start with.
i can say that the lowest spread that offered by the broker is from 5 digits brokers, but i can say too that trading is really the best chance if you use instaforex, and use the ****** 1.7 as your ******,