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VFSC Forex Brokers with the Lowest Spread

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As a type of trading cost, spread can be influential in your trading profitability. Thus, making sure that you trade with a competitive spread is as crucial as having a good strategy. This particular list presents VFSC-regulated forex brokers with the lowest spread. By their regulation status, you can expect flexible trading conditions on top of trading with minimum spread.


Apr 20 2024

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Score Broker EUR/USD GBP/USD USD/JPY GBP/JPY USD/CAD EUR/AUD EUR/JPY EUR/GBP NZD/USD USD/CHF

Additional FAQ

A scalper can open and close 30 positions in a day. Say the broker charges a spread of 3 pips for every position, the profit average is 5 pips, the loss average is 3 pips, and the scalper makes 20 winning trades and 10 losing trades. The total profit and loss without the spread are:

(20 x 5) - (10 x 3) = 70 pips

If the spread is charged:

((20 x 5) - (10 x 3)) - (30 x 3) = -20 pips

The result is disappointing, right? Although they have made twenty profitable trades, the total profit/loss turns to minus once the spread is applied.

Continue Reading at The Secrets of Successful Scalping Strategy

Registering a license in VFSC is a truly simple process, implemented with low requirements for setup, where investor only needs to submit a register online, prove an initial capital fund of mere $2,000, pay some fees, and within a 2-3 month, the firm is licensed and registered as a legal forex brokerage.

The VFSC regulator does not demand any proof of company backgrounds, nor check the implementation of secure fund management or basic operation guidelines. They do not demand any regular reporting and never impose fines in case of fraud.

Continue Reading at 3 FSC Forex Regulations That You Should Know

Given the importance of spreads in day trading, it is essential to find a broker that offers low spreads. Lower spreads can help day traders reduce their trading costs, which in turn can lead to increased profits.

It is noteworthy that IC Markets stands out in this regard because it offers lower spreads compared to its counterparts. For instance, the average spread on the EUR/USD for IC Markets' standard account is around 0.62 pips while FP Markets' is around 1.2 pips.

Continue Reading at Broker for Day Trading: FP Markets or IC Markets?

Established in 1993, Vanuatu Financial Services Commission (VFSC) is the financial regulatory authority of the Republic of Vanuatu. Up to this point, you might think that VFSC regulation is just like any other financial regulatory agencies. Forex broker companies that have gained licenses from VFSC could call themselves "regulated forex brokers" and carry out services such as forex and stock trading, as well as legally manage investment portfolios on behalf of their clients.

Continue Reading at What Does VFSC Regulation Mean for Forex Brokers?