Forex Brokers with Fixed Spreads

Compare Forex brokers in Indonesia with fixed spreads, whatever the market conditions, to make the most of market volatility.

Best brokers

1. NordFX Best Crypto Trading Platform...
2. HYCM Best Forex Broker UAE 2022
3. AvaTrade Most Trusted Broker 2023 -...

Broker reviews

#1

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NordFX.com is a fully offshore Forex broker serving traders since 2008. Trade 33 currency pairs, crypto and more with flexible leverage up to 1:1000 on MetaTrader 4. We were able to open an account and start trading without ID checks.

• Markets: Forex (CFD), Cryptos (CFD)*, Stocks (CFD), Indices (CFD), Metals (CFD), Energy (CFD)
  * Availability subject to regulation.
• Platforms: MT4, Copy trading
• Regulators: Vanuatu

• Accounts

Fix Account  ▷ Fix Account: Trade 28 currency pairs and CFDs on crytpo-currencies, metals, indices and stocks on fixed spreads from 2 pips. Get instant execution. Automated trading is allowed.
$10 deposit	1:1000 leverage	Instant execution	▷

#2

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HYCM.com, formerly HY Markets, is an award-winning regulated online broker. Trade over 300 instruments on fixed or variable spreads over MetaTrader 4 or 5. We particularly like that you're entitled to attend live trading sessions with professional traders twice a week.

• Risk warning: 85% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.
• Markets: Forex (CFD), Cryptos (CFD)*, Stocks (CFD), Indices (CFD), Metals (CFD), Energy (CFD), Commodities (CFD)
  * Availability subject to regulation.
• Platforms: MT4, MT5
• Regulators: Cayman Islands, Cyprus (EU) , Saint Vincent and the Grenadines, UAE , UK

• Accounts

Fixed Account  ▷ Fixed Account: Trade CFDs on fixed spreads from 1.8 pips on MetaTrader 4 or 5. No support for Expert Advisors. This account is available in Islamic format upon request.
$100 deposit	1:500 leverage	Instant execution	▷

#3

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AvaTrade.com is an award-winning online broker, in business since 2006. Trade CFDs on one of the widest possible range of instruments and asset classes. AvaTrade accepts all Expert Advisors on MetaTrader 4 and 5, except those with a focus on arbitrage.

• Risk warning: 77.82% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.
• Markets: Forex (CFD), Cryptos (CFD)*, Stocks (CFD), Indices (CFD), Metals (CFD), Energy (CFD), Commodities (CFD), Bonds (CFD)
  * Availability subject to regulation.
• Platforms: MT4, MT5, Copy trading
• Regulators: Australia, BVI, Cyprus (EU) , Gibraltar, Israel, Japan, South Africa, UAE

• Accounts

AvaTrade Account [BVI]  ▷ AvaTrade Account [BVI]: Trade 55 currency pairs on fixed spreads, plus CFDs on crypto-currencies, stocks, indices, bonds and commodities. This account, registered in the British Virgin Islands, has significantly higher leverage.
$100 deposit	1:400 leverage	Instant execution	▷

AvaTrade Account [EU]  ▷ AvaTrade Account [EU]: Trade 55 currency pairs on fixed spreads, plus CFDs on crypto-currencies, stocks, indices, bonds and commodities.
$100 deposit	1:30 leverage	Instant execution	▷

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Islamic Account [BVI]  ▷ Islamic Account [BVI]: Trade a wide range of financial instruments with a Shariah compliant account. AvaTrade does not charge rollover fees or swaps on overnight positions. You cannot invest in crypto-currencies through this account. This...more ▷ Islamic Account [BVI]: Trade a wide range of financial instruments with a Shariah compliant account. AvaTrade does not charge rollover fees or swaps on overnight positions. You cannot invest in crypto-currencies through this account. This account, registered in the British Virgin Islands, has significantly higher leverage.
$100 deposit	1:400 leverage	Instant execution	▷

Islamic Account [EU]  ▷ Islamic Account [EU]: Trade a wide range of financial instruments with a Shariah compliant account. AvaTrade does not charge rollover fees or swaps on overnight positions. You cannot invest in crypto-currencies through this account.
$100 deposit	1:30 leverage	Instant execution	▷

Professional Account [EU]  ▷ Professional Account [EU]: Trade 55 currency pairs on fixed spreads, plus CFDs on crypto-currencies, stocks, indices, bonds and commodities. Access high leverage up to 1:400 with this account for professional traders.
$100 deposit	1:400 leverage	Instant execution	▷

Some brokers allow you to choose between trading on fixed and variable spreads. Understand the pros and cons of trading Forex on fixed spreads.

Fixed vs. variable spreads

The spread is the difference between the buy and the sell price of a currency pair at a point in time. If your broker quotes EUR/USD at 1.0602/05, this translates into a 3 pip spread.

• If your broker quotes fixed spreads, the difference between the buy and sell prices of each currency pair should be the same at all times, whatever the market conditions. Fixed EUR/USD spreads usually range between 2 to 3 pips depending on the broker but in the region of 1 pip with an AvaTrade.com trading account.
• If your broker quotes floating spreads, you'll face wider spreads during volatile market conditions and tight spreads the rest of the time. EUR/USD spreads typically vary between 1 and 4 pips under normal market conditions. However, they have been known to widen up to 8 pips and beyond under extreme market conditions.

Advantages of fixed spreads

News events, data releases or the start of a new trading session can move the markets in a big way. This creates opportunities to profit from price jumps. However, it can also catch you off guard as spreads often widen substantially around those times.

A broker with fixed spreads will shield you from wild swings in spreads. This will work in your favour if you plan to trade around news events, data releases or simply day trade. If you're new to Forex trading, you'll find that fixed spreads provide a more predictable trading environment and help mitigate risks as you learn the ropes.

Disadvantages of fixed spreads

However, fixed spreads mean you're likely to pay wider spreads under normal market conditions. In other words, you'll pay for certainty of pricing during volatile market conditions in the form of marginally wider spreads at all other times.

For example, you could pay between anywhere between 1 and 2 pips for EUR/STP with an STP broker on variable spreads. And if you can afford to invest a large deposit upfront, you could trade EUR/USD from 0 pips with an ECN broker on a commission basis

In short, fixed spreads provide a more predictable trading environment albeit at a premium. This could work for you if you plan to trade in volatile market conditions or value piece of mind of you learn the basics of Forex trading.