Sentences with phrase «pip spread»

Typical trading costs when using Global Prime is 1.3 pips spread which is quite competitive compared to the average spread at other brokers at 1.5 pips.
On a demo, a trader can be profitable at a.5 pip spread.
That makes the collection of bid / ask pip spread one profitable stream of income.
Remember the three pips spread on the EURUSD mentioned earlier?
The futures contract has a 1 - pip bid / ask spread valued at $ 12.50 while the FX contract has a 2 - pip spread valued at $ 20.
• Due to the fact that the London session over-laps with the Asian and New York sessions, it is typically the most active trading session and this leads to high liquidity / volume and lower pip spreads.
But try that with real money you get eaten alive with a similar strategy at a 1.3 pip spread.
The EURUSD pair used to be quoted at a three - pip spread!
- 0.5 pip spreads, crosses 1 - 5 and exotics 5 - 15.
Mine does, I pay $ 2 commission for a GBP / USD trade at market spot rate with a < 1 pip spread, and only have very minor restrictions on deposit and withdrawal abilities.
Would you rather trade with a broker with a 3 pip spread or one with 0.1 pip spreads?
I haven't done fx trading at all, but are there any other costs involved in holding that besides the 2 pip spread, which is negligable?
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