Forex Broker list Best Forex Broker List - Pip Spread

[Request] I was looking for some insight on low spread brokers in the US.

Hey everyone.
I’ve been trading crypto for a while and have been out of the forex game for a bit and was hoping to get back into it since the crypto market has been flat for so long but I ran into some trouble when trying to find a new broker. The 2016 ruling on eligible participants put my previous broker out of business and made it impossible for me to trade with certain brokers such as Interactive Brokers.
I was looking for a new broker that has low spreads which seem to have all but died in the US. I’m okay with commissions but the spreads at Oanda, forex.com, TD, and Ally are all way too high for my blood; especially for my bread and butter pair GBP/USD. ATC brokers actually seems like a pretty good brokerage for my needs but after some research I found troubling news with their bankruptcy and I don’t quite understand how an introducer brokerage works. (maybe the answer lies with ATC and you guys can take my mind off the drawbacks.)
I have a pretty decent strategy that after back testing with commissions and spreads equal to ATC’s under sub-par* conditions has max 30% drawdown, avg 15-20% profit per month, and 1.23 sharpe over 10 years. The downside of this is that with my strategy I have a very tight stop, 6-12 pips most of the time. The larger the spread the worse off I am. A 10$ per lot commission is nothing compared to an additional pip of spread in my case.
Can anyone suggest a US brokerage that suits my needs other than ATC or do I have to take the risk on them not going bankrupt again?
*Sub-par trading conditions include 3x the avg spread taken into account as slippage, including Friday as a trading day even though the strategy doesn’t work near the weekend, and optimized for a different timeframe and currency pair.
TL;DR - Is ATC Brokerage the only low spread broker for the US and are they trustworthy?
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Getting Started

Hey guys! I found a super cool list of everything a new forex trader would need to get started! Originally made by to nate1357. Link to original thread http://redd.it/328cjr
Free Resources
Education:
www.babypips.com/school
www.informedtrades.com/f7
www.forex4noobs.com/forex-education
www.en.tradimo.com/learn/forex-trading
www.youtube.com/useTheTradeitsimple
www.traderscalm.com
www.orderflowtrading.com/LearnOrderFlow.aspx
www.profitube.com
Calendars:
www.forexfactory.com/calendar.php
www.dailyfx.com/calendar
www.fxstreet.com/economic-calendar
www.forexlive.com/EconomicCalendar
www.myfxbook.com/forex-economic-calendar
www.investing.com/economic-calendar
Free News Websites:
www.forexlive.com - Daily live news, analysis and resources
www.financemagnates.com - FX industry news and updates
www.fxstreet.com - Daily news, analysis and resources
www.forextell.com
www.forexcup.com/news
www.bloomberg.com/markets
Forums:
www.reddit.com/forex
www.forums.babypips.com/
www.forexfactory.com/forum.php
www.elitetrader.com/et/index.php
www.forex-tsd.com/
www.fxgears.com/forum/index.php
www.trade2win.com/boards
Margin / pip / position size calculators
www.myfxbook.com/forex-calculators
Brokerages:
There are many factors to consider when choosing a brokerage. Regulations typically force US traders to only trade at US brokerages, while international traders have more choice. After considering location you need to consider how much capital you will start trading with as many have minimum deposit levels. Once you’ve narrowed that down you can compared spreads and execution. ECN brokers execute your orders straight through to their liquidity providers, while market maker brokers may pair up your trades with other clients. Market maker brokers typically will partially hedge your positions on the interbank market. Many consider this to be a conflict of interest and prefer to trade at an ECN broker who would have an active motive to see you succeed. Lastly, brokers run inherently risky business models so it is important to consider the risk of bankruptcy.
www.forexpeacearmy.com - Aggregates broker reviews. Be warned though that people only seem to make bad reviews.
www.myfxbook.com/forex-broker-spreads - Live comparison of executable spreads
United States & International-
-Interactive Brokers
International Only-
-LMAX (whitelabel DarwinEx)
*DMA broker based in the UK. Note that as a DMA broker LMAX eliminates the ability for LPs to last-look transactions. This may result in reduced liquidity during volatile times as liquidity providers would be likely not to risk posting liquidity to LMAX's pool. *Tight spreads *Minimum deposit $10,000 *Fairly well diversified
-Dukascopy
*ECN based in Switzerland, but available elsewhere depending on local regulations.
*Tight spreads *Minimum deposit $100 *Fairly well diversified
-IC Markets *ECN based in Australia *Fair spreads on standard account, tight spreads on professional accounts. *Minimum deposit $200 *Fairly well diversified
-Pepperstone
*ECN broker based in Australia. *Fair spreads on standard account, tight spreads on professional accounts. *Minimum deposit $200 *Not well diversified
Software / Apps:
Desktop/mobile
Terminology/Acronyms:
www.forexlive.com/ForexJargon - Common terms and acronyms
FAQ:
I need to exchange money, how do I do it?
This isn’t what this sub is for. Your best bet is using your bank or an online exchange service. Be prepared to pay a hefty fee.
I have money in one currency and need to exchange it into another sometime in the future, should I wait?
Don’t ask us this. We speculate intraday in FX and shouldn’t be relied on to tell you what’s best for you. Exchange the money when you need it.
I have an FX account, should I start trading demo or live?
This is highly debatable. You should definitely demo trade until you have mastered how to use the trading platform on desktop and mobile. After that it’s up to you. Many think that the psychology of trading live vs demo trading is massively different. So it may pay to learn to trade live. Just be warned that most FX traders lose almost their entire first account so start with a low affordable balance.
What’s money management?
Money management is a form of risk management and is arguably the most important aspect of your trading when it comes to long term survival. You should always enter trades with a stop loss - the distance of the stop allows you to calculate how large of a percent of your account balance will be lost if your trade stops out. You can run a monte carlo simulation to figure out the risk of having a number of trades go against you in a row to drain your account. The general rule is that you should only risk losing 1-4% of your account per trade entered.
More on this here: www.investopedia.com/articles/forex/06/fxmoneymgmt.asp[35]
www.swing-trade-stocks.com/money-management.html[36]
What about automated trading?
Retail FX traders have been known to program “Expert Advisors” (EAs) to automate trading. It’s generally advisable to stay away from that until you’re very experienced. Never buy an EA from a developer because the vast majority of them are scams.
What indicators are best?
That’s up to you to test and find out. Many in this forum dislike oscillating indicators since they fail to capture the essence of what moves price. With experience you will discover what works best for you. In my experience indicators that are most popular with professional traders are those that provide trading “levels” such as pivot points, fibonacci, moving averages, trendlines, etc.
What timeframe should I trade?
Price action can vary in different timeframes. In longer term timeframes the price action and fundamentals are much more clear. Unfortunately it would take a very long time to figure out whether or not what you’re doing is successful on longer timeframes. In shorter timeframes you can often tell very quickly if what you’re doing is profitable. Unfortunately there’s a lot more “noise” on these levels which can prove deceptive for those trying to learn. Therefore the best bet is to use a multi-timeframe analysis, working from top-down to come up with trades.
Should I trade using fundamental analysis (FA) of technical analysis (TA)?
This is a long standing argument in these forums and elsewhere. I’ll settle it here - you should have an understanding of both. Yes there are traders who blindly ignore one of the other but a truly well rounded trader should understand and implement both into the analysis. The market is driven in the longer term through FA. But TA is necessary to give traders a place to enter and exit trades from a psychological risk/reward standpoint.
I’ve heard trading Binary Options is an easy way to make money?
The general advice is to stay away from binaries. The structure of binary options is so that when you lose the broker wins. This incentive has created a very scammy industry where there are few legitimate binary options brokers. In addition in order to be profitable in binaries you have to win 55-65% of the time. That’s a much higher premium over spot FX.
Am I actually exchanging currencies?
Yes and no. Your broker handles spot FX is currency pairs. Although they make an exchange at the settlement date they treat your position in your account as a virtual currency pair. Think of it like a contract where you can only buy or sell it as a pair. In this sense you are always long one currency while short another. You are merely speculating that one currency will appreciate or depreciate vs another.
Why didn't my order fill?
Even if price appears to cross over a line on your chart it does not guarantee a fill. Different charting platforms chart different prices - some chart the bid price, some the ask price and some the midpoint price. To fill a limit order price needs to cross your limit's price plus the spread at the time that it is crossing. If it does not equal or exceed the spread then it will not fill. Be wary that in general spreads are not fixed. So what may fill at one time may not at another.
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Interactive Brokers: come calcolare il valore di un Pip Forex for Beginners, How Spread Effects Your Orders, Examples Best Forex Trading Broker With Lowest Spreads 2020-Better for Scalping Forex Trading Best Broker With Very Low Spread for Scalping-forex trading strategies FX Brokers - What Are The Benefits of Fixed Spreads? How to Easily Open and Close Option Spreads in Interactive ... Forex Trading: Understanding Pip Spread Easily - Yusef Scott Lotes, Pips y Spread (FOREX) - YouTube ⭐️ Como ver el SPREAD en la Grafica ⭐️/ Interactive brokers en español 2019 Learning Forex: What Are Pips and Spreads?

List of forex brokers that allow scalping strategy with low spread 0-3 pips, lets trade with Top Best Recommended Trusted company in 2020. Interactive Brokers is one of the biggest US-based discount brokers and one of the oldest considering it ... Zero spread Forex Brokers are typically NDD, STP or ECN brokers that provide direct access to the market and deep liquidity as well. You need to be careful, however, because there are a lot of brokers who offer 0 spread trading, but they are not regulated, or are not a reputable broker ... Hence, take advantage of the education provided directly from the brokers, market forums and our comparative reviews of different brokers. Here is a list of the most reputable and the best rated online Forex brokers detailed information. Please check the details of each broker and give your valuable reviews and ratings for the same. Forex Trading ab 0 Pip Spread möglich; Ausführungspreise können von angezeigten Preisen abweichen ; Swap-Gebühren bei langfristiger Handelsstrategie wesentlicher Gewinnkiller; Jetzt zum Testsieger XTB! CFD Service - 77% verlieren Geld. Forex Spread: Die Kosten und Gebühren im Forex Trading. Forex Trading ist eine Dienstleistung, die von Brokern bereitgestellt wird. Wie bei jedem anderen ... Die Regulierung des Brokers wird unter anderem von der NYSE vorgenommen. Ein kleines Manko ist für manche Trader sicherlich, dass die Mindesteinzahlung mit 10.000 Dollar sehr hoch angesetzt ist.Alles was Sie sonst noch über Interactive Brokers wissen müssen inklusive Interactive Brokers Erfahrungen von Kunden finden Sie hier. Forex account example: Buying and then selling $100,00 worth of EUR/USD at Interactive Brokers would result in a pip equivalent of roughly 0.40 pips in commission charged, plus any prevailing spreads. Overall, that is a low commission rate for forex trading (note: IBKR Lite and IBKR Pro accounts do not support forex trading). Does anybody know if the live spreads that interactive brokers post to their site are real ? Do they really have 0.1 - 0.3 spread on eur/usd most of the time ? If so they should be the most popular broker because the trader has a 1 pip advantage in every trade win or lose compare to most other brokers.

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Interactive Brokers: come calcolare il valore di un Pip

On this situation, one particular pip is usually. 01 in addition to a pair of pips is usually. 02. Finally, some brokers offer fractional pip beliefs out and about in order to 3 or maybe 5 decimal ... If you have every tried to close out an option spread in Interactive Brokers you know that it can be a pain. If you do it wrong it can also cost you money. T... COMO VER EL SPREAD (BID - ASK) en la gráfica y en la lista de seguimiento en la plataforma de interactive brokers en español. Algo que es vital para invertir en la bolsa. This is the EASIEST way to understand pip spreads! Forex for Beginners video : https://www.youtube.com/watch?v=tZ8vajQhmk4 Learn how to Download and Install ... Are You Satisfied With Your Broker? I will say "No" you are throwing your profits in the pockets of your broker by paying them high spreads. Visit the below link to register with the best broker. Lote Estándar, Mini lotes y Micro lotes!!!! Comprende el significado de los lotes, sus tamaños y cuanto dinero necesitas para abrir operaciones con cada uno ... *UPDATE* The BEST Forex Broker Hands Down - Moises Moncibaez - Duration: 9 ... Variable vs Fixed Spread: Pips Add Up Darwinex UnCut - Duration: 6:20. Darwinex 585 views. 6:20. Ethereum ... Exness is one of the top reputed brokers that has gain great success in a short period of time and its a regulated broker. Do not pay high spreads from your pockets. Join this broker today using ... Forex trading for beginners, part 6 - What is Spread and how it effect your orders. Examples of Micro and Pro accounts. I tried to explain it simple and a bit of my way :) I trade with broker ... Guarda un videocorso sullo Spread Trading: ... Come Calcolare il Valore di un PIP - Corso di Forex per Principianti - Lezione 4 - Duration: 6:38. Marco Casario 6,843 views. 6:38. Final Guide on ...

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