- Although forex trading is known for being extremely competitive, there is a 6-8x fold difference between the most and least competitive brokers. It’s like some McDonalds would sell BigMac for 10 dollars and others for 60-80.
- Fixed spread brokers are usually at the lower end of the rankings, steady spread comes at a price.
- Even (supposedly) floating spread brokers have interesting spikes around nice-and-round spread values, they likely follow a semi-floating semi-fixed spread policy.
- 60-80% of top 10 brokers do charge commission, so paying commission does not necessarily mean you are ripped off.
And here are the charts. Click the images to enlarge: