Is there a Forex broker with a fixed spread of 1??
There are a number of fixed spread brokers, but due to market changes from time to time, they cannot guarantee a fixed spread of 1 point for all forex currency pairs。
There are a number of fixed spread brokers, but due to market changes from time to time, they cannot guarantee a fixed spread of 1 point for all forex currency pairs。
Forex brokers usually offer two types of spreads。The first and most common is the floating spread, which means that the difference between the bid and ask prices can vary greatly throughout the trading time。The second type is a fixed spread, where the broker will always maintain a certain difference between the bid and ask prices.。
After understanding the existence of fixed spreads, many new traders are looking for 1 point fixed spread forex brokers, because in fast-paced trading activities, a uniform exchange rate with a spread of 1 point will be easier。However, there is no broker with a fixed spread of 1 pip.。
Some brokers may offer fixed spread accounts, but because the market changes from time to time, they cannot guarantee that the fixed spread of all foreign exchange pairs is 1 point。Here are 7 fixed spread forex brokers and their current exchange rates:
- AvaTrade
- easyMarkets
- FBS
- FIBO Group
- FxPro
- HYCM
- Rakuten Securities Australia Lotte Securities
Let's examine each broker to understand and compare their fixed spreads。
AvaTrade
AvaTrade is one of the best known fixed spread brokers。They publicly disclose their rates, all terms and conditions and any modifications they make to the continuous spread through specific web pages。
A quick glance at the page reveals that the AvaTrade EUR / USD currency pair has a minimum difference of 1.3 points。USD / JPY then rose to 1.5, AUD / USD up to 1.8, and so on。The highest point difference of the euro / Turkish lira currency pair is 300 points.。
Avatrade is one of the most comprehensive brokers, supporting almost all trading styles。Avatrade not only allows hedging, scalping and expert advisors (EA), but also completes its services through one cancellation of another order (OCO) and automated trading in many variants of automated trading systems.。
Founded in 2006, AvaTrade's primary mission is to allow people to trade with confidence.。If traders are still confused about the best broker to support traders trading, AvaTrade may be the trader's choice, as it has been evaluated and recognized for some of the industry's most outstanding financial and technical achievements for its clients.。
In 2019, the Dublin-based broker acquired Daytrading."Best Forex Broker 2019" by com。In addition, the company has been honored as "Best Forex Broker," "Best Bitcoin CFD Trading Provider of the Year" and "Best Alliance Program in Europe."。
In addition, for more liquid traders, AvaTrade offers a number of platforms that allow traders to trade using laptops and mobile phones。The availability of the free Autochartist tool in the platform is the best support for both novice and experienced traders, as it makes it easier for them to find trading opportunities without having to look at the chart all day。
Autochartist free signals available in gold accounts, platinum accounts and AVA Select。By opening an account with AvaTrade, traders do not have to pay for the full Autochartist service。Autochartist itself is a market scanning tool that can detect trading signals from various technical perspectives.。
Traders can access AvaTrade on multiple platforms such as AvaTradeGO, MetaTrader 4, MetaTrader 5, Automated Trading, Mac Trading, Web Trading, Mobile Trading and AvaOptions。
On the regulatory side, AvaTrade has a large number of credible licenses that guarantee security even with deposits as high as $10,000.。AvaTrade uses a separate account system, subject to the Central Bank of Ireland (No..C53877), ASIC Australia (No.406684), Japan JFSA (No.1662) and South Africa (FSP 45984) regulatory。
In the event of extreme market volatility, will traders suddenly lose more than their deposits??AvaTrade explicitly answers no because traders have negative balance protection。
AvaTrade has a minimum deposit of $100 and offers different leverage depending on the trading instrument; whether it is Forex (30: 1 start), Indices (20: 1 start), Commodities (5: 1 start), ETFs (5: 1 start) or Cryptocurrencies (2: 1 start)。
AvaTrade is committed to maintaining a set of customer-related values。As a result, the company offers the best trading experience with multilingual customer service and the most advanced and user-friendly trading platform.。
Novice traders can also learn Forex trading in the "Education" tab of the official AvaTrade website。Traders will find tons of articles, video tutorials and more tools to help them every step of the way。This is an important requirement as the forex market can be a bit unbearable and even scary at times, so traders need to make sure they are fully prepared before they start trading in a live account。
AvaTrade offers a variety of account types, as well as Islamic trading accounts specifically for Muslim traders.。The Islamic account type is similar to the regular account type with one key difference; it does not charge any special fees or interest (no overnight interest), which is in line with the financial principles of Islamic law。
Traders can choose AvaTrade as an ideal option if they are confident in forex trading。The minimum deposit and the various platforms offered are suitable for beginners trying Forex trading for the first time。
easyMarkets
easyMarkets applies fixed spreads to all assets traded through MT4, the easyMarkets app and web platform, and TradingView。Fixed spread of 0 for EUR / USD on easyMarkets network / app and TradingView.8 points, while MT4's EUR / USD fixed spread is as low as 0.7 o'clock。
However, interest rates vary between assets and no currency pair has the same spread。Currently, only 1 fixed spread is applicable to USD / JPY on the MT4 platform。
EasyMarkets has been writing its own story in the financial markets since 2001.。Simplicity, honesty and transparency are the three values of easyMarkets。The company tries to make the trading process as simple as possible.。
In 2016, they changed their name from easy-forex to easyMarkets。Over the years, easyMarkets has expanded its range of CFDs products to cover global indices, options, metals, foreign exchange, commodities and cryptocurrencies, and the company has been licensed by CySEC and ASIC.。
Another privilege when trading at easyMarkets is its own platform。The easyMarkets Ease platform is simple and versatile. According to trader reviews, it is friendly to new customers and provides many features for experienced traders。Customers can also get free guaranteed stops, no slippage, fixed spreads, and no capital or withdrawal fees from easyMarkets.。
The platform has three unique features。First, dealCancellation enables traders to "undo" their trades。easyMarkets is the only broker that offers to close trades before the trading time reaches 60 minutes for a small fee。
In addition, traders can enjoy the internal viewer。The tool helps traders gain a deeper understanding of market sentiment by showing them the percentage of buy and sell executed in the platform。The third unique feature is the freeze rate, which traders can use to suspend the exchange rate and place their trades at the "frozen" rate。
easyMarkets also offers financial calendars, market news, trading charts and trading signals as a perk of the platform, offering the technology on a mobile interface via iOS and Android devices, allowing traders to enter the market anytime, anywhere。
MetaTrader 4 is also provided by easyMarkets。Traders will get negative balance protection and fixed spreads when using this popular trading platform。In addition to this, the broker offers ordinary options。
As a result of these innovations, easyMarkets has become an award-winning broker, winning the 2019 Forex Broker Award from Dubai Forex Expo, the 2018 Most Innovative Broker Award from World Financial Markets Awards, the 2018 Best Asia Pacific Broker Award from ADVFN International Finance Awards, the 2017 Most Transparent Broker Award from ADVFN International Finance Awards, the 2017 Best Forex Service Provider Award from FXWord China, and more.。
In addition, easyMarkets offers three account types, such as VIP accounts, Premium accounts, and Standard accounts。All accessible via web / app and MT4 platform。Maximum leverage is 1: 200 when using the easyMarkets Web / App platform and 1: 400 when using MT4。
Fixed spreads in forex trading from 1.Start at 0: 00。Traders can become easyMarkets VIP customers and enjoy some benefits, such as trading by phone, obtaining the most stringent fixed spreads, personal analysts, and real-time market updates via SMS。
Traders pay no additional fees, whether commissions, account fees or withdrawals。The account currency has 18 options, including euro, Canadian dollar, Czech koruna, Japanese yen, New Zealand dollar, US dollar, Singapore dollar, etc.。The company offers a variety of deposit and withdrawal methods, some of which are credit / debit cards, bank transfers and e-wallets such as Neteller, Skrill and Fasapay。
Traders can contact one of the company's local offices or its headquarters in the Marshall Islands directly if they have any questions or need help.。In addition, traders can chat with their customer service via email, Facebook, WhatsApp, Viber and live chat.。
Based on the above comments, easyMarkets offers an easy-to-use platform and some unique tools that traders can access anytime, anywhere。In addition, traders do not have to pay additional trading commissions and deposit and withdrawal fees.。Traders registered with easyMarkets can enjoy the EUR / USD pair as low as 0 in the MT4 platform.Spread of 9。
FBS
FBS currently offers a 0-point fixed spread through its zero spread account.。The offer is also supplemented by a leverage of up to 1: 3000, as fast as 0.3 seconds of market execution, broad market and maximum orders of up to 500。
The FBS spread account is ideal for high-frequency traders accustomed to trading on MetaTrader4。However, traders should also be prepared to pay a commission of $20 per lot traded。
Since 2009, FBS Holding Inc.(FBS) achievements in the field of foreign exchange transactions have been recognized by various international institutions.。As of 2019, the number of FBS clients reached 14 million, winning the most transparent Forex broker in 2018, the best investor education in 2017, the best customer service broker in Asia in 2016, the IB Forex program and many other titles.。
FBS is regulated by Belize IFSC and Cyprus CySEC。The broker is trusted by millions of traders and 370,000 partners from all countries.。According to the data, FBS has about 7,000 new trader and partner accounts every day.。And, 80% of customers will stay in FBS for a long time。
Trading products offered by FBS include Forex, CFD, Precious Metals and Equities。For Forex trading, CySEC-regulated FBS provides leverage of up to 1: 30 for cent accounts and standard accounts。Customers who want to try higher leverage can also register an account with FBS Belize。
In all types of accounts, the spread is from 1 point。Volume orders in standard accounts can be 0.01 to 500 lots, it is recommended that experienced traders use the account。
And on the cent account, bulk orders can be executed up to $500 breakups or the equivalent of 5 standard lots.。Cent accounts involve varying degrees of risk。FBS recommends cent accounts to beginners。All account types support the following trading instruments: 28 currency pairs and 2 metals。
Before entering the real Forex market, traders can practice using the FBS demo account, which is divided into two types, namely standard account and cent account。
Using the MetaTrader 4 and MetaTrader 5 platforms, FBS provides services on Windows and Mac, as well as Android and iOS mobile devices, providing traders with a trading experience at their fingertips, allowing traders to trade anytime, anywhere。
The MetaTrader platform also has a variety of key features, including the creation, purchase and use of Expert Advisors (EA) and scripts, one-click trading and embedded news, technical analysis tools, documentary other traders, hedging positions and VPS service support。
Another advantage of FBS is that customers who meet specific requirements receive a 100% deposit bonus and the deposit and withdrawal process is fast and convenient.。According to the customer, in addition to holidays, usually no more than 3-4 hours。
In order to increase the security of client funds, FBS also offers segregated accounts where 70 per cent of funds can be deposited with the client's bank; in addition, the margin is between 10 and 100 per cent.。If the trader loses funds in the course of trading but is insured, FBS will refund the trader's funds。
Traders have the opportunity to develop a side business when trading with FBS, i.e. as an economically recommended (IB) or affiliate。The commission provided by the FBS partner system is already at level 3, and traders can only earn additional income if they introduce new customers to FBS according to certain procedures。
Traders will also gain trading education experience at FBS。They have prepared a comprehensive foreign exchange course divided into 4 levels: beginner, beginner, intermediate and advanced。Traders can take courses that transform them from novice to professional, all materials are well structured。In addition, FBS offers a variety of forex analysis, webinars, forex news and daily market analysis that can be easily accessed on its website。
Traders can visit the official FBS website, which is available in multiple languages, including English, Dutch, Italian, French, Portuguese, Indonesian, Spanish, etc., and also provides live chat support 24 hours a day, 7 days a week。
In summary, FBS is a well-known broker among global retail traders。Due to flexible trading conditions, customers are able to use a variety of instruments for trading, low deposits, etc.。
FIBO Group
FIBO Group's MT4 fixed account provides a fixed spread quotation from 2 o'clock and guarantees that the spread will remain unchanged when the news event occurs. A list of spreads for all currency pairs can be found on the official website。
The minimum fixed spread (2 points) is currently only applicable to EUR EUR / USD USD and EUR EUR / GBP GBP。FIBO Group charges a relatively high spread on other instruments, starting at AUD AUD / USD USD 3 pips and so on until USD USD USD / DKK 30 pips。
International Financial Holdings, officially known as FIBO Group (Financial Cross-Market Brokerage Online Group), is a brokerage firm that has provided online trading services since 1998.。With a mission to always meet the highest international standards, FIBO is currently regulated by the UK Financial Services Commission, the Virgin Islands and the Cyprus Securities and Exchange Commission (CySEC).。
The company offers different types of trading accounts, with a minimum deposit of $50 for FIBOGroup accounts, except for cent accounts and MT5 NDD.。Note that the MT5 NDD requires a minimum deposit of $1000。Although the MT4 fixed account offers a fixed spread from 2 points, trading in FIBOGroup allows traders to enjoy variable spreads。
Meanwhile, FIBOGroup's average maximum leverage is 1: 400。The only difference between the two types of accounts is the maximum leverage standard: 1: 1000 for cent accounts and 1: 200 for MT4 fixed accounts.。
FIBOGroup provides comprehensive market analysis, including long-term forecasts, economic calendars, interest rates, financial instruments and equities。
The company also has a proprietary PAMM function that allows professional traders to become account managers with a profit-sharing system.。New traders who open an account at FIBO can benefit from PAMM by following their preferred account manager。For this special function, FIBOGroup provides a special function of the manager rating table。
Since its inception in the late 1990s, FIBOGroup has gained global recognition with official branches in Vienna, Limassol, Munich, Shanghai, Kiev, Limassol and Almaty.。Deposit and withdrawal options include wire transfer, credit card, BitPay, Blockchain, Neteller, Skrill, Perfect Money, FasaPay and more。
In summary, FIBO Group is an experienced broker for adventurous traders who like to try a variety of trading conditions: from variable spreads to fixed spreads, from MT4 to cTrader, from low leverage to high leverage, from independent trading to PAMM trading。Their low deposit requirements also suggest that FIBO is open to all types of traders, regardless of the amount of their funds.。
FxPro
FxPro offers MT4 fixed accounts with nine popular currency pairs (EUR EUR / GBP, EUR EUR / JPY, EUR EUR / USD, GBP / JPY, GBP / USD, USD USD / CAD CAD, USD / JPY, EUR EUR / CHF, USD / CHF, AUD / AUD / USD)。
FxPro also specifically mentions on its "Help" page: "There are day-to-day exchange rates, night-to-night exchange rates with fixed spreads, and abnormal exchange rates that apply under extremely volatile market conditions."。Traders are advised to visit the Trading Conditions page to understand the fixed spreads that apply to different time periods。
Since its inception in 2006, FxPro has successfully expanded to serve retail and institutional clients in more than 170 countries and is headquartered in London, UK.。
FxPro UK Limited has been licensed and regulated by the FCA since 2010。Meanwhile, other subsidiaries, such as FxPro Financial Services Limited, have been authorized and regulated by CySEC since 2007 and by FSCA since 2015.。So traders no longer have to worry about their money。As a staunch supporter of transparency, it sets the highest security standards for client funds, as companies choose to keep their money in major international banks, completely segregated from corporate funds.。
They always strive to provide transparent and ethical practices in the global trading industry。In 2018, 74.65% of market orders are executed at the requested price, 12.8% of customer orders are executed with positive slippage。In addition, only 1 of all instant orders.4% received a re-offer, of which 0.72% received a better price at the time of execution。
FxPro's total number of transactions increases year by year。In 2018, trading volume reached 53.6 million。Based on the trust of customers, FxPro won the UK's Most Trusted Forex Brand Award 2017 from Global Brand Magazine。In addition, they became the first broker to sponsor an F1 team in 2008 and FxPro has won around 60 UK and international awards.。
They are committed to creating a dynamic environment that provides traders with all the tools they need to gain a trading experience.。Open an account with FxPro to access more than 250 CFDs across 6 asset types, including FX, equities, spot indices, futures, spot metals and spot energy。They want to provide clients with top-of-the-line liquidity and advanced trade execution without the need for trading desk intervention.。Average execution time less than 11.06 milliseconds, up to 7,000 orders per second。These advantages allow traders to benefit from tight spreads and competitive prices。
In addition, FxPro is recognized as an innovative broker。The company allows customers to enjoy a wide range of trading platforms such as MetaTrader 4, MetaTrader 5, cTrader and FxPro Edge。Web-based versions and mobile applications are also available so that traders can access financial markets anytime, anywhere。
Traders can choose the platform according to their needs。Traders for MT4 provide instant execution and easy-to-use trading platform。In this account, leverage is as high as 1: 500, with spreads from 1.From 6: 00, no commission。
Traders should opt for an FxPro MT5 account if they want to gain experience with more modern technologies。In this account, the spread from 1.5 start, leverage up to 1: 500, no commission。
Another type of account is FxPro cTrader。Compared to other account types, it is suitable for traders who prioritize execution speed and have the strictest spread limits。FxPro cTrader is a powerful trading platform that provides the best bid and ask prices, orders can be completed in just a few milliseconds。The platform also provides market depth and trade analysis tools, in which the spread is only from 0.From 3 o'clock。However, traders must pay a commission of $45 per $1 million of forex and metals trades (opening and closing positions).。
The main difference between MetaTrader 4, MetaTrader 5 and cTrader is the range of CFD products available。The MT4 platform provides traders with the opportunity to open positions in all 6 asset classes, while MT5 does not support stocks and cTrader does not support stocks and futures。
In addition to the above 3 types of platforms, you can also access FxPro Edge when trading in FxPro。The platform provides customers with a new way to trade the market in the form of spread betting。
Every broker has advantages and disadvantages, and FxPro is no exception。In addition to the advantages explained earlier, FxPro also has a high minimum deposit amount。In addition, FxPro does not offer many types of payment and withdrawal methods。Some types of methods even require the trader to pay a fee。However, it is still important to note that customers can trade forex, stocks, indices, metals and energy in Fxpro with a limited risk account at no additional cost。
Regardless of the pros and cons, FxPro can be one of the best brokers with advanced technology of choice for traders who are ready to trade with funds starting at $500。
HYCM Societe Generale Investment
HYCM provides 1 for customers with fixed accounts through MT4 and MT5..Fixed spread from 5 o'clock, no commission required。Each forex pair may have a different spread, and the amount may fluctuate based on specific market conditions。
Unfortunately, HYCM did not publicly disclose the ongoing list of fixed spreads.。You may need to sign up for an account to fully understand its pricing policy。
HYCM, formerly known as HY Markets, is a London-based forex broker。Founded in 1977, the broker has been under the supervision of the UK's trusted and reputable regulator, the Financial Conduct Authority (FCA), for more than 20 years.。In addition, HYCM is regulated by well-known institutions such as CIMA (Cayman Islands Monetary Authority), CySEC (Cyprus Securities and Exchange Commission) and DFSA (Dubai Financial Services Authority).。
Regulated by world-renowned financial regulators and with representative offices in the UK, Hong Kong, Cyprus and Dubai, customers who open an account with HYCM can rest assured that they are a reliable and safe company that specializes in providing the best trading solutions。
As part of the Societe Generale Group, HYCM has chosen to provide access to a wide range of trading markets, including currencies, equities and commodities.。In addition, HYCM has accumulated numerous awards since its inception, including Best Mobile Trading Platform in World Finance (2017) and Best Forex Broker in UAE (2017) in Global Banking & Finance Review.。
Its recognition as an industry leader has helped HYCM to be known as the world's best broker, and HYCM has a long history of delivering superior and trusted trading experiences, providing clients with everything they need to make informed trading decisions.。
HYCM offers its clients some excellent trading conditions, including good liquidity and low spreads, as well as providing ultra-efficient services。These services are in line with their commitment to focus on fast execution and low-cost transactions。The trading conditions offered by HYCM vary by trading instrument:
Foreign Exchange
- Spread: 0.From 2 o'clock
- Maximum leverage: 1: 30
Stock
- Spread: from 18: 00
- Maximum leverage: 1: 5
Index
- Spread: 2.From 0 o'clock
- Maximum leverage: 1: 20
Commodities
- Spread: 3.From 0 o'clock
- Maximum leverage: 1: 20
Since HYCM aims to be a broker of the latest technology, they strive to meet the changing needs of customers by adopting the latest technology, thereby maintaining a leading position in industry trends。HYCM offers MetaTrader 4 (MT4) and MetaTrader 5 (MT5) trading platforms to help traders of all skill levels and offers advanced technical analysis, flexible trading systems, EA trading and mobile trading applications。
For novices in the foreign exchange field, HYCM has prepared a large number of educational resources and comprehensive products, which provide them with great help, such as some foreign exchange tutorials, trading strategies, foreign exchange e-books and beginner courses。HYCM Trading also offers a number of useful tools including calculators, economic calendars, news and market outlooks, all of which are good options for all types of investors, from beginners to professionals。
Finally, HYCM also offers a variety of convenient deposit and withdrawal methods through bank transfers, credit cards and electronic payments (Neteller, Skrill).。Although bank transfers can take up to 5 days to appear in a trading account, all other methods are processed immediately for instant transactions。A variety of currencies are accepted as base currencies, including US dollar and euro, as well as KWD (Kuwaiti Dinar), AED (UAE Dirham), RMB (Chinese Yuan) and SAR (Saudi Riyal)。
If you are looking for a reputable and trusted broker to start trading and invest your funds, then HYCM is a good choice。As they are fully licensed and regulated, the security of investors' financial and personal information is guaranteed。The choice of user-friendly trading platform makes HYCM a wise choice for both novice and experienced traders。
Rakuten Securities Australia Lotte Securities
Lotte Securities offers fixed spreads on foreign currency pairs without commission。However, each account type and each pair has a different spread amount。
As you can see, there is no fixed point difference of 1 point here。Spreads are also not immune to volatility under extreme market conditions。This concept sometimes leads to an argument between the original point difference and the fixed point difference。
Disclaimer: The views in this article are from the original author and do not represent the views or position of Hawk Insight. The content of the article is for reference, communication and learning only, and does not constitute investment advice. If it involves copyright issues, please contact us for deletion.