High Forex Spreads Can Kill Your Bottom Line- Discover Why Low Fixed Spreads Work So Well

May 1, 2012 - PRLog -- Sydney, Australia - CFD and Forex traders know that profit comes from a good strategy and low costs and http://www.capitalcfds.com.au are dedicated to providing some of the lowest fixed Forex spreads for traders around the world. We’ve now introduced lower Forex spreads on 30 currency pairs with our lowest being 0.8pips fixed 24 hours a day on the USDJPY.

You are no doubt aware of the fact that the biggest cost to traders is brokerage or in the case of Forex traders, it’s the spread. The spread is the difference between the first buyer and first seller and Capital CFDs have fixed cost brokerage for several of its most traded CFDs, starting as low as 0.8pips on USDJPY and the EURUSD and AUDUSD at 1 pips fixed 24 hours a day.

Capital CFDs specialise in fixed spreads on all our Forex pairs, giving traders the safety and comfort in knowing that no matter how volatile the market is, your spread is going to be fixed 24 hours a day, 6 days a week.

“As a point of interest, competitors will price their Forex pairs with rates at 0.8 pips or at 1pip, during fleeting moments, and as a trader you'd be lucky to be able to take advantage of those moments. Instead, traders would be better advised to view the average Forex spreads on their competitors website as that would represent a fairer estimate of what you are likely to receive.” notes Ashley Jessen, Head Sales Trader, Capital CFDs.

“With fixed spreads you always know what you are going to get and can receive exceptional savings, which can significantly reduce your trading costs. Over the course of a year, this can add up to thousands of dollars.”

“The power of fixed spreads across all Forex pairs allows traders to know precisely what their costs are going to be upfront, as opposed to getting a nasty surprise during a major news item like non farm payrolls, when your break even costs can blow out significantly” said Ashley Jessen of Capital CFDs.

In order to simplify your trading and take advantage of fixed Forex spreads, visit http://www.capitalcfds.com.au/free-fxdemo