ICMarkets Spread on Market Close
When choosing a forex broker, for me, one of the most important thing is spread (the diff btwn the bid and ask price). The lower the spread, the better.
A few broker that I have tried, ICMarkets has the lowest spread. And the spread is lower compared to others during market close time. This one is quite important because if you were to place your stoploss too close and the spread widens = you got stopped out of your trade. Below are the normal market spread and market close spread for ICMarkets.
To check on ICmarkets, click here: https://icmarkets.com/?camp=36251
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ICMarkets normal market spread:
ICMarkets Market closed spread:
Spread diff on EurUsd on market open and market close: Image on right is spread on market close.
Spread diff on Gold XauUsd on market open and market close: Image on right is spread on market close.
Which pairs is good to trade? I'll go for EurUsd, UsdJpy and Gold. For weekend when normal market closed, go trade BtcUsd. ^_^
If you want to check out or signup for ICMarkets: https://icmarkets.com/?camp=36251
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