Every Forex trader must contend with spreads. It allows the market to function and it’s the cost of doing business in the world’s most liquid financial markets.
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SlippageHowever, for some traders, the same spreads have a larger effect on their trading than others. This is particularly true for scalpers because scalpers generally trade more, and the size of the spreads is a higher proportion of their profit targets.
In this lesson we take a deep dive into the major factors that effect spreads from broker selection, the Forex pair you choose to trade, the time of day you choose to trade, and news announcements.
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We strongly recommend you open a free trading account for practice purposes.
