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Gbpnzd pair spread

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Trevor
151
Trevor  
Hello all

I am looking for some help. I subscribe to a signal and  for the gbpnzd pair I get a loss when the signal provider makes a small profit. 

I'm sure it's the difference in spreads from different brokers. 

What broker is advised for lowest spreads and what are the benefits of Ecn account. 
I'm currently with ironfx broker. 

Thanks

Trevor
Waseem Raza
8597
Waseem Raza  

Not only spread another reason is execution difference depends on broker and slippage

STP/ECN means your dealing direct with market  broker just catching trading fee in shape if commission and spread . In ECN you can see some advantages like broker will allow all kind of trading styles even arbitrage trading, you can get maximum range for hedging margin,  no early stop out level.  in ecn accounts no  SL/TP limits on pairs etc

Non ECN account means broker involve between you and market.  

Market maker broker or non ecn can use like stop hunter , re quotes, and they want trading in their own way in simple way when your against a broker then broker want win against you.

In ECN broker position is neutral if they are True ECN   

Vasyl Nosal
19057
Vasyl Nosal  
fxOpen spread+comission 70 pips
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