Comments on: Is 3 pips a competitive spread for a FOREX broker to offer? http://www.currencyexchangemarket.com/blog/is-3-pips-a-competitive-spread-for-a-forex-broker-to-offer/ Thu, 17 May 2012 20:20:47 +0000 http://wordpress.org/?v=2.7 hourly 1 By: pillsojeje http://www.currencyexchangemarket.com/blog/is-3-pips-a-competitive-spread-for-a-forex-broker-to-offer/comment-page-1/#comment-653 pillsojeje Fri, 27 Feb 2009 17:52:20 +0000 http://www.currencyexchangemarket.com/blog/is-3-pips-a-competitive-spread-for-a-forex-broker-to-offer/#comment-653 3 pip is bad 3 pip is bad

]]> By: Suzane P http://www.currencyexchangemarket.com/blog/is-3-pips-a-competitive-spread-for-a-forex-broker-to-offer/comment-page-1/#comment-652 Suzane P Thu, 26 Feb 2009 13:09:06 +0000 http://www.currencyexchangemarket.com/blog/is-3-pips-a-competitive-spread-for-a-forex-broker-to-offer/#comment-652 Hi, Most of the brokers are offering spread ranging from 2-5 pips on various currency pairs. Major currency pairs like usd/eur, gbp/usd, eur/gbp, usd/jpy etc has lesser and other pairs have higher spread. Your broker is offering average spread but if this 3 pips are for minor currency pairs then it would definitely considered competitive. Hope this information helps you. Hi,

Most of the brokers are offering spread ranging from 2-5 pips on various currency pairs. Major currency pairs like usd/eur, gbp/usd, eur/gbp, usd/jpy etc has lesser and other pairs have higher spread. Your broker is offering average spread but if this 3 pips are for minor currency pairs then it would definitely considered competitive.

Hope this information helps you.

]]> By: Marconi http://www.currencyexchangemarket.com/blog/is-3-pips-a-competitive-spread-for-a-forex-broker-to-offer/comment-page-1/#comment-651 Marconi Mon, 23 Feb 2009 02:11:14 +0000 http://www.currencyexchangemarket.com/blog/is-3-pips-a-competitive-spread-for-a-forex-broker-to-offer/#comment-651 I work for a broker and it depends of the amount to be operated it can negotiate the spread, up to 1 or 2 if you have doubts you write me for this means. I work for a broker and it depends of the amount to be operated it can negotiate the spread, up to 1 or 2 if you have doubts you write me for this means.

]]> By: Common Sense http://www.currencyexchangemarket.com/blog/is-3-pips-a-competitive-spread-for-a-forex-broker-to-offer/comment-page-1/#comment-650 Common Sense Fri, 20 Feb 2009 17:26:41 +0000 http://www.currencyexchangemarket.com/blog/is-3-pips-a-competitive-spread-for-a-forex-broker-to-offer/#comment-650 3 pips for the majors is average. Check out; These guys only received 2 stars. Be very careful. FX is one of the least regulated industries. There are no good brokers... there are only brokers that are not as bad as others. There is a 96% chance you'll lose your money in 3 months or less. Spend some time on education. A year would be a great idea. Paper trading will help you with the platform but will do little to help you with the skill of trading. Your results in paper trading mean very little. 3 pips for the majors is average.

Check out;

These guys only received 2 stars. Be very careful. FX is one of the least regulated industries. There are no good brokers… there are only brokers that are not as bad as others. There is a 96% chance you’ll lose your money in 3 months or less.

Spend some time on education. A year would be a great idea. Paper trading will help you with the platform but will do little to help you with the skill of trading. Your results in paper trading mean very little.

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