Brokers With the Highest Volume for Major Pair
Trading in high volume can be beneficial for traders since it creates fewer demands. It also reduces liquidity and minimizes volatility. High volume trading tends to have a lower spread compare to low volume trading that is more thinly traded. So, if you like to trade with low or narrow spread, this method might work for you.
High volume trading can also use to trade major pairs as these pairs are usually very volatile. If you aim to use this method in major pairs, then looking for the right broker is very important. These are some lists of brokers with the highest volume for major pairs that you use as a reference.
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| Score | Broker | EUR/USD | GBP/USD | USD/JPY | USD/CHF | USD/CAD | NZD/USD | ||
|---|---|---|---|---|---|---|---|---|---|
| 744 |
LiteFinance
|
83 | 42 | 240 | 136 | 9 | 9 | ||
| 706 |
FxPro
|
102 | 14 | 259 | 118 | 10 | 5 | ||
| 87 |
Dukascopy
|
91 | 31 | 140 | 166 | 24 | 24 | ||
| 461 |
BDSwiss
|
62 | 35 | 160 | 147 | 11 | 32 | ||
| 613 |
GOMarkets
|
42 | 36 | 136 | 52 | 58 | 38 | ||
| 145 |
IC Markets
|
41 | 78 | 60 | 95 | 35 | 30 | ||
| 7 |
Pepperstone
|
36 | 80 | 66 | 19 | 13 | 15 | ||
| 120 |
ThinkMarkets
|
33 | 105 | 34 | 16 | 11 | 13 | ||
| 705 |
Vantage Markets
|
30 | 57 | 44 | 23 | 20 | 35 | ||
| 703 |
Octa
|
36 | 10 | 99 | 36 | 14 | 12 | ||
| 249 |
FXOpen
|
38 | 25 | 71 | 35 | 14 | 2 | ||
| 10 |
Tickmill
|
17 | 57 | 41 | 18 | 22 | 19 | ||
| 52 |
FBS
|
12 | 20 | 61 | 26 | 4 | 5 | ||
| 254 |
InstaForex
|
1 | 1 | 18 | 2 | 1 | 1 | ||
| 537 |
FirewoodFX
|
5 | 5 | 2 | 2 | 2 | 3 |
How are cent account trading volumes compared to the standard one?
With a cent account, you have access to a minimum trading volume of 0.01 lots which is equivalent to 0.0001 lots or $10. For a standard account, this minimum trading volume of 0.01 lots would be equivalent to $1000.
- Cent Account:
- Minimum trading volume: 0.01 lots
- Value per lot: $0.0001 (or equivalent to 0.01 lots)
- Therefore, the minimum trading volume value in dollars: 0.01 lots * $0.0001/lot = $0.0001
- Standard Account:
- Minimum trading volume: 0.01 lots
- Value per lot: $100 (or equivalent to 0.01 lots)
- Therefore, the minimum trading volume value in dollars: 0.01 lots * $100/lot = $1
Continue Reading at How Does a Cent Account Work?
Why is trading volume less favored in floating leverage?
For a trader, volume-based floating leverage is much more complicated because it's vulnerable to market changes. It's common knowledge that the forex market is full of uncertainties, so the probability of getting a leverage adjustment due to volatility changes is higher than you initially thought. Another thing is, the volume-based policy's stance towards leverage change always leads to a decrease, so traders are consistently required to pay attention to margin increase.
Continue Reading at What is Floating Leverage in Forex Trading?
How does trading volume affect floating leverage?
Floating leverage can change under certain conditions, one of which is based on the trading volume. Volume-based floating leverage typically decreases along with the increase in trading volume.
Say you initially trade with 1:200 leverage. When your trading volume amounts to more than $3 million, the leverage would be automatically changed to 1:100. The adjustment can apply to the next level of volume increase, depending on how your broker sets the rule. It is important to note that the change of margin requirement that is brought by the new leverage would only apply to positions opened after the adjustment So, you don't have to worry about increased margin in your previous trades.
Continue Reading at What is Floating Leverage in Forex Trading?
