Announcement

Collapse
No announcement yet.

Partner 728x90

Collapse

Bid and Ask with so much difference

Collapse
X
 
  • Filter
  • Time
  • Show
Clear All
new posts

    Bid and Ask with so much difference

    Hi,
    I have registered with forex.com to try data provider with them.
    I use USTECH100 as symbol because I searched Nasdaq and that was that shows up.
    But when I put a Long Market Order the price is 15459.75 and the position is 15460.
    Is it Ok? or is too much.(see the picture)​
    Click image for larger version

Name:	imagen.png
Views:	162
Size:	49.1 KB
ID:	1261671

    #2
    Hello ervin,

    Thank you very much for your post.

    With Forex instruments, this spread would, unfortunately, be expected. In short; Any time you open a position in a Forex instrument, you open with a loss as the bid and ask spread is generally much larger than it would be for any other instrument type.

    For some further information, please take a look at Forex.com's publicly available information below:



    Please don't hesitate to let me know, should you have any further questions!
    Manfred F.NinjaTrader Customer Service

    Comment


      #3
      Thank you,
      What other broket can I connect with less spread?

      Comment


        #4
        Hello ervin,

        Thank you very much for your reply.

        As Forex instruments are not traded on a centralized exchange, you would always experience a significant spread when trading these instruments.

        As other instrument types don't experience such a spread, the only option would be to trade e.g. Futures or Equities instead.

        For a full list of all supported brokerages and datafeed providers, and the instruments they offer, please see below:



        Please don't hesitate to let me know, should you have any further questions!
        Manfred F.NinjaTrader Customer Service

        Comment

        Latest Posts

        Collapse

        Topics Statistics Last Post
        Started by johnMoss, Today, 08:56 PM
        0 responses
        7 views
        0 likes
        Last Post johnMoss  
        Started by alonso7kk, Today, 06:57 PM
        0 responses
        19 views
        0 likes
        Last Post alonso7kk  
        Started by adilmedarhry, Today, 08:15 AM
        1 response
        47 views
        0 likes
        Last Post bltdavid  
        Started by artsi_lucky, 11-19-2024, 01:20 PM
        8 responses
        145 views
        0 likes
        Last Post artsi_lucky  
        Started by ziponline, Today, 01:39 PM
        8 responses
        35 views
        0 likes
        Last Post ziponline  
        Working...
        X