Interested in Low Spreads & No Commissions?
Spread has a wide variety of definitions when it comes to finance. In trading, it refers to the difference between the buy/offer and sell/bid prices for an asset: a key part of CFD trading.
For example, if the ask price is $12 and the bid price is $10.50, then the spread for it is $1.50.
The bid-offer spread is also known as the buy-sell or bid-ask spread. Not to be confused with a spread trade, which is the difference in a trading position – the gap between a short and long position.
What Influences Spreads?
Spreads can either be fixed or variable, also known as floating. The latter of which can be influenced by volatility, volume, and liquidity. Bid-ask spreads tend to widen with high volatility, whereas higher liquidity and trading volume usually tightens spreads.
Floating spreads allow for traders to take advantage of volatility with the right strategies, tools, and execution.
Where To Find Low Spreads
We have partnered up with the world’s first eco-friendly broker, CedarFX. This CFD broker offers particularly low spreads, as well as the ability to use tools on the MT4 such as Take Profit and Stop Loss.
Additionally, traders are able to profit whether the market is bullish or bearish by opting to go short or long depending on the current market conditions.
Why Choose CedarFX?
What is considered a low spread varies from asset to asset, of which there are many – For instance, our trusted broker CedarFX has over 180 assets to trade from including Stocks, Metals, Crypto, Energy, Forex, and Indices.
For financial assets such as shares, providers tend not to use spreads but rather charge a commission basis, although this doesn’t mean that there aren’t brokers that don’t charge commission.
Being a market leader, CedarFX offers two excellent types of accounts: an Eco Account or a 0% Commission Account, so that traders can use the full amount of their deposit.
Regardless of deposit method, traders are not charged any fees and can access funds at no extra cost, with 24-hour crypto withdrawal processing.
Moreover, CedarFX offers competitive leverage ratios of up to 1:500, so that traders can maximize their gains with minimal capital input.
Not to mention their very efficient customer support team who can be contacted via email, Live chat, or call-back request on a 24/7 basis, providing detailed assistance and feedback for any query.
