Forex brokers with Lowest spreads on EUR/USD




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Forex brokers: variable spreads



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Broker discussion area

BrokerGuru

December 23, 2009

I very much appreciate your feedback on both brokers.
I'll make appropriate updates on pages.
Thank you and happy holidays!


ForInvest Group

December 31, 2009

ForInvest Group (www.forinvests.net)
EURUSD Spread: 1 pip(fixed)
Commission: No


BrokerGuru

January 2, 2010

Thank you!


trader

January 7, 2010

ibfx has 2pips on eur and not 1pip please do change it


BrokerGuru

January 9, 2010

Thank you, but IBFX spreads are variable and as low as 1 pip, although in live trading you're probably right about it: spreads can reach 2 pips easily.


trader

January 16, 2010

I have been trading with IBFX for more than a year and so far that "one pip of spread"they are offering is not for real. in every market conditions I have always had 2 pips.


BrokerGuru

January 17, 2010

Thank you for your feedback!
We list what they claim, while your valuable feedback is now published in broker reviews and discussion area.
http://www.100forexbrokers.com/broker-discussion/ibfx


trader

January 21, 2010

ForInvest Group does have a commission. Here is a quotation from them.
""
Kindly note that we have changed the spread, for all clients,
down to 1 pip on USD Pairs, 5 pips on all other pairs.
We charge only $1 per mini lot, $0.10 per micro lots. Its almost free of
charge commission!
""


BrokerGuru

January 21, 2010

They most likely meant to describe the 1 pip spread: when you open a 10k lot, you pay 1 pip = $1, when you open 1k lot you pay 1 pip = $0.10.


trader

January 22, 2010

please note the expression "Its almost free of charge commission!"
I have therefore asked for clarification.
And here is the response.
""
Please be confirmed that Spread on USD pairs is fixed
to 1 pip only, and there is a comission charged of $1.
So, for a 1 mini lot trade on EURUSD, your cost will be $2 only.
These fees can go down, in near future, but never up.
""


BrokerGuru

January 22, 2010

Thank you, however, we can see that it still doesn't make a difference.
They call it commission, while in reality it is simple 2 pips spread FIXED.

This is not an ECN model, no matter what, sorry.


ForInvest

January 23, 2010

ForInvest .NET

1 pip spread on all major currency pairs.

AND SMALL COMMISSION



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