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Old 07-11-2010, 09:53 AM   #1
Avrohom
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Question Somebody knows of Forex broker with 3 pips spread?

Hi all,

I am new-comer on Ninjatrader and to trading as a whole. I have played a bit with NinjaTrader using Gain / Forex.com for data feed. However, I notice that the spread (difference bertween Ask and Bid) is substantial high, from 5 to sometimes 7 or even 8 pips. Can someone please point to me if there are any brokers out there with tighter spreads?

Also, I come accross many time the term of 'fixed spreads', are there any brokers that can be utilised by NinjaTrader with such?

I come from a background working direct with broker's software like Ava trading. Where there's a fixed spread for 3 or 4 pips. Now, what is the real market data? At the real market the spread is higher? Or every broker has got its own Bid and Ask prices?
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Old 07-17-2010, 04:17 PM   #2
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I suggest you to trade Future Currencies because it is more secure and the fee is cheaper. Go to www.Interactive Brokers.com to analyse my suggestion.
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Old 07-27-2010, 06:50 AM   #3
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Hi and thanks for your reply.

Does IB only do Future Currencies?

Also, in which way is it more 'secure'?
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Old 07-27-2010, 08:23 AM   #4
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Currencies, IB and security
IB is a Full Broker, you can trade stocks, options, futures, etc
When you trade futures your money is deposited in a Clearing House
Go to www.cme.com to learn about futures, etc
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