Investors should be aware that the spread between prices can be anywhere from 1 to 5 points, depending on market conditions. Therefore, it is important to closely monitor your broker's spreads and ensure that each trade generates enough profit to cover its costs, including the spread. Monitoring spreads helps investors make informed decisions and maximize profits. By staying vigilant, investors can stay ahead of the market and take advantage of opportunities. Stay informed and make decisions based on proper analysis and research.
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A lot of brokers offer between 1 and 5 pips as their spread. But FreshForex offers as low as 0.00 pips and a leverage of 1:2000 thereby making them one of the lowest in the industry. They are a transparent platform with no hidden charges.
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