Spreads are an essential element of forex trading. The more competitive your spreads, the lower your trading costs. In the long run, tighter spreads mean higher potential earnings from your forex trading activity.
Compared to bank spreads, No Dealing Desk (NDD) forex brokers such as Titan FX quote currency deals with much tighter spreads. Forex traders, especially high frequency traders, benefit enormously from the lower spreads. Trading with tighter spreads means that each trade needs a smaller positive price movement to become profitable, and any losing trade can be closed with a smaller net loss.
To become more profitable, traders should find the most competitive spreads in the forex market. Titan FX spreads, starting from an 0.0 pips on the most popular currency pairs, are amongst the tightest available.
With the right trading strategy and tightest spreads, you can maximise your potential return on every trade.
