Brokers with the tightest spreads in 2023 As mentioned

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zihadhasan019
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Joined: Sun Dec 22, 2024 10:15 am

Brokers with the tightest spreads in 2023 As mentioned

Post by zihadhasan019 »

Many traders would rather go for brokers with tight spreads instead of those with flat offers for transparency reasons. In 2023, brokers that topped the list of Forex platforms with the lowest spreads during the year include Exness, IC Markets, Tickmill, and Multibank. Looking at each one in a more detailed look, the average spread of the EUR/USD pair across all four brokers is capped at 0.1 pip this year.


Meanwhile, the GBP/USD pair ranged between 0.3 t russian phone number o 0.5 which is still considered more attractive than RoboForex’s 0.9 pip spread. In addition, the USD/JPY pair ranged tightly between 0.1 to 0.3, while AUD/USD remained attractive between 0.2 to 0.4. Aside from tight spreads, another major advantage of these four brokers is that their mainstream popularity vouches for their trustworthiness. The platforms are heavily regulated, with some securing the green light from the tier-1 regulators in the Forex market including the United Kingdom’s Financial Conduct Authority (FCA), the Cyprus Securities and Exchange Commission (CySEC), and Australian Securities and Investment Commission (ASIC).


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