Originally Posted by
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thats pretty much hopeless though. Brokers dont make the spreads, the banks that they use do. Spreads are wholly based on the amount of orders at different prices on the market. Those arent the regular retail orders, theyre the significant bank orders. Banks do transaction forex like we do. They actually have bid prices and ask prices. Enjoy, ill buy 10,000,000,000 in 1.2345 or I'll sell 1,000,000,000 in 1.2349. These different prices are what account for those spreads. These spreads trickle down to us. So spreads technically cant be 1-2 pips on each pair. If you find a broker that does so, it usually means they're spending the real spreads and only providing you 1-2 pip spreads that means theyre likely chrging you someplace else really bad. Never expect a broker that provides spreads. It is only a bait and switch fashion tactic.