Low Spread Forex Brokers offering Currency trading

As the name forex (short for ‘foreign exchange’) implies, currencies are essentially the main trading instruments offered by any low spread forex broker. As all experienced traders know, the key to get the lowest spreads when trading currencies is to trade only the most popular currency pairs. In reality, this means sticking with pairs like the EUR/USD, USD/JPY, and GBP/USD.

For traders who are trading with floating (sometimes also called dynamic) spread accounts, spreads will vary depending on the liquidity in the market. This means that during periods of high liquidity, which normally occurs during normal working hours in the currency’s home country, spreads will be quite a bit lower than they will be in the middle of the night in the same country.