Zero Spread Trading

Brokers compete with one another in who offers lower spreads. However, you should keep few things in mind.

If a broker makes money on spreads, the lower the price of the spread, the lower the broker's income. A broker who offers 1 pip spreads earn less than a broker who offers 2 pip spreads, etc. Here are a few things to look for when looking at brokers who offer lower spreads.

• Are 1 pip spreads offered for all currencies, or only EUR/USD?
• Are they offered for mini accounts?
• Are they offered on slow and fast moving markets?
• Are spreads fixed and is there any slippage?

Forex Club does not charge spreads. Instead, we offer fixed commission charges that are more straight-forward and transparent than the so-called "commission free" trading. Here's why:

• The commission size is fixed and does not depend on what is happening on the market, whether it is moving fast or slow.
• The commission is identical for all the currency pairs
• A broker that is being compensated by commission has no incentive to manipulate the price to its advantage and, therefore, a trader gets order execution at the best rates possible.
• Instant commission refunds on non-profitable trades means that you pay commissions only when you make profits. The broker is compensated for its services only when you make profits.

Zero-spread trading is, probably, the most transparent way to trade Forex in that you always know how much you are paying for your trade. Welcome to Forex Club.