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A lot of answers here have it right… Research different brokerages. Take these factors into consideration when choosing your brokerage:
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The ask is the price at which your broker will sell the base currency in exchange for the quote currency. This means the ask price is the best available price at which you will buy from the market. Another word for ask is the offer price.
Our forex prices, as well as those for some of our other markets, are sourced from top global banks and exchanges. This means you get greater liquidity and can access the best prices from around the globe.
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Our pricing technology is engineered to find the best available prices on both OTC (over-the-counter) and DMA. This means that DMA prices are not necessarily better than OTC, but direct access to the markets can give you greater visibility and flexibility as a trader.
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