VFSC Forex Brokers with the Fixed Spread
Fixed spread brings about an unparalleled advantage that can't be found in its more mainstream counterpart: stability in an ever-changing market that is the foreign exchange. If you are looking for a trading condition where the spread is not easily swayed by the volatility change in the market, fixed spread forex brokers may be the correct answer.
This list compiles some forex brokers offering fixed spread that can be put on your watchlist. More importantly, these brokers are regulated by VFSC who allows flexible trading conditions so you can expect little to no restrictions when it comes to trying out new strategies.
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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?
What is a fixed spread in forex trading?
A fixed spread, as the name suggests, is a consistent spread cost that does not change with market fluctuations.
Continue Reading at ECN vs Fixed Spread, Which Type is Better?
What are the drawbacks of fixed spreads in forex trading?
While fixed spreads offer stability and predictability, they may come with some drawbacks, including:
- Potentially higher trading costs during low volatility, as the fixed spread remains constant.
- Limited flexibility, as traders do not benefit from tighter spreads in calmer market conditions.
- There is less opportunity for cost savings when spreads naturally narrow.
Continue Reading at ECN vs Fixed Spread, Which Type is Better?
Are there any genuine 1 pip fixed spread forex brokers?
There are none. Some brokers may offer fixed spread accounts, but they cannot guarantee a 1 pip fixed spread on all forex pairs as the market changes from time to time. Here are seven (7) fixed spread forex brokers and their current rates (as of April 28, 2023):
Continue Reading at 1 Pip Fixed Spread Forex Brokers: Are There Any?
