Hi
I am trying to test a system but I think that the spread that FXCM offers micro accounts totally ruins my result.
I am forward testing a system on the daily charts. The system requires me to take 0 to 4 trades a day and the trades usually have to be taken just after the daily close. During that time the spread on some of the currencies pairs can be really high, example last night the spread on the NZD/GBP was 23 pips. As a result of this I could be at a 35-40 pip loss just for opening 4 trades and of course the result will be their after.
Which Forex broker offer some better spread on micro account the FXCM does now?
I am trying to test a system but I think that the spread that FXCM offers micro accounts totally ruins my result.
I am forward testing a system on the daily charts. The system requires me to take 0 to 4 trades a day and the trades usually have to be taken just after the daily close. During that time the spread on some of the currencies pairs can be really high, example last night the spread on the NZD/GBP was 23 pips. As a result of this I could be at a 35-40 pip loss just for opening 4 trades and of course the result will be their after.
Which Forex broker offer some better spread on micro account the FXCM does now?
Micro account spread
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