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Somebody knows of Forex broker with 3 pips spread?

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    Somebody knows of Forex broker with 3 pips spread?

    Hi all,

    I am new-comer on Ninjatrader and to trading as a whole. I have played a bit with NinjaTrader using Gain / Forex.com for data feed. However, I notice that the spread (difference bertween Ask and Bid) is substantial high, from 5 to sometimes 7 or even 8 pips. Can someone please point to me if there are any brokers out there with tighter spreads?

    Also, I come accross many time the term of 'fixed spreads', are there any brokers that can be utilised by NinjaTrader with such?

    I come from a background working direct with broker's software like Ava trading. Where there's a fixed spread for 3 or 4 pips. Now, what is the real market data? At the real market the spread is higher? Or every broker has got its own Bid and Ask prices?

    #2
    I suggest you to trade Future Currencies because it is more secure and the fee is cheaper. Go to www.Interactive Brokers.com to analyse my suggestion.

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      #3
      Hi and thanks for your reply.

      Does IB only do Future Currencies?

      Also, in which way is it more 'secure'?

      Comment


        #4
        Currencies, IB and security
        IB is a Full Broker, you can trade stocks, options, futures, etc
        When you trade futures your money is deposited in a Clearing House
        Go to www.cme.com to learn about futures, etc

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