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Forex brokers with Lowest spreads on EUR/USD





Broker discussion area

Jason

March 25, 2010

Great Site!

Need to know the best broker for RollOver???

Thanks,
Jason


trader

January 25, 2010

Guru
re: ForInvest Group
It is always the total cost of a trade the matters. The info was for your main page here. 1 pip plus commission is there way, that's ok as long as it is upfront which is what they are and you are doing in presenting the facts. Just got to get them straight.


BrokerGuru

January 24, 2010

Thank you. Listed.


ForInvest Group

January 23, 2010

ForInvest Group
www.forinvests.net

for institustional clients, as our company,
they give 0.5pip spread with $0.5 commission
They have this for Money Managers also


ForInvest

January 23, 2010

ForInvest .NET

1 pip spread on all major currency pairs.

AND SMALL COMMISSION


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.


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 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 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 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.


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 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 7, 2010

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


BrokerGuru

January 2, 2010

Thank you!


ForInvest Group

December 31, 2009

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


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!


trader

December 23, 2009

EMPFX - I had an ccount with them. The end of October they sent an email out that they were closing. While their web site is still up, try using their phone #.

ForInvest Group - The web site shows 2 pips on the majors. Live accounts are set at 1 pip. - They have a commission on top of 0.5-2 pips, depending on how much you fund your acct.
(just been through the info portion with their rep)


BrokerGuru

December 22, 2009

Thank you for your help!

EMPFX website still works, am I missing the main point? Do they operate, or is it just a website left?

ForInvest Group reminded me about CG Forex broker, who told me yesterday that on live accounts they have 1 pip.

I want everyone to answer this: WHO will know that there is 1 pip spread if both brokers have 2 pips listed on their website home pages?

I'm removing ForInvest form the list until their website is updated and shows 1 pip spread.

Thank you once again for drawing my attention to this!
Happy holidays!


trader

December 22, 2009

sent a note about forinvest as having 2pips posted on their web page, after inquiry thier response is 1 pip for live accts


trader

December 21, 2009

forinvestgroup web pages shows 2 pip for majors


trader

December 21, 2009

EMPFX - is no longer in business as a forex broker, they shut down suddenly in october


BrokerGuru

December 21, 2009

Yes, you're right. It is already 2 pips.
I have to remove them from the list. I appreciate your help!


trader

December 21, 2009

CG Forex has 2 pip fixed spread according to their web pages & demo


BrokerGuru

December 4, 2009

Thank you!


ForInvest Group

December 3, 2009

ForInvest Group (www.forinvests.net)
Spread of 1 pip fixed with no commission


BrokerGuru

November 12, 2009

The spread history tool is nice. Thank you for the reference.


trader

November 11, 2009

Here is page that I saw that shows you the spread history of ibfx,alpari uk,mbtrading and fxcm uk, at forexsystemtools.com , http://www.forexsystemtools.com/broker_spreads_history.html


BrokerGuru

November 9, 2009

Thank you. Will be added.


trader

November 9, 2009

Hello, FigFX has all majors at 1 pip spreads, scalping at 1 pip is also allowed now and leverage up to 1:400.
Note: all spreads are fixed at all times (no commissions)


trader

September 14, 2009

jadefx is a 'copycat' from thecollectivefx,

but it is said that both are using an fxcm feed(just as atc), probably over an institutional fxcmpro.com account.

jadefx charges commissions. how spreads compare i do not know, maybe the EA at the collectivefx can be used to compare feeds over
a longer timeframe ( that they use an fxcm feed, still can lead to lower spreads then on fxcm
(depends on what they negotiated and volume traded) )

for the moment i just use alpari uk & fxcm and get some nice rebates from
cashbackforex.co.uk paid to my paypal account.


BrokerGuru

August 28, 2009

Thank you, Lou

I'm not aware of any trader groups similar to TheCollectiveFX, unfortunately.


Lou

August 23, 2009

The Collective FX is not accepting any more members. Is there another "for traders" group were they are ECN, NDD and STP with low spreads?

Many of the advertise spreads are not real. Some ads say 0 to .05 spread and when you open their demo you can see spread as high as 3 pips.

Thank you, Good work!

Lou


BrokerGuru

August 9, 2009

Thank you. I'll have a look tomorrow.
Update: fixed the listing. Thank you for the update.


BrokerGuru

July 6, 2009

Spreads were taken from the front page of http://www.thecollectivefx.com/. I never knew they are trading through FXCM.
With zero commission they do charge monthly membership, that's true.
Removed that misleading statement completely. Thank you.


trader

July 6, 2009

That is complete misinformation. thecollectivefx charges Commission as Monthly Membership and the 0 - 0.5 is bogus . They trade through FXCM

"0 - 0.5 pips no The Collective FX"

Please stop misinformation


trader

June 24, 2009

Real Trade Group - fixed EURUSD spread of $2, no commission.


BrokerGuru

June 16, 2009

Double checked today - GFT has 1-3 pips on EURUSD. Thank you.


trader

June 15, 2009

gft 2pips in and 2pips close order



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