Anyone trade silver? Who is a good broker for silver in terms of spread and execution?
There is a popular broker with low leverage that seems good but would like to have more leverage available and even lower spreads if possible.
As a percentage of price, silver spreads in general seem to be 5x to 10x more compared of gold trading and most otc cfd brokers charge a premium on spreads. Of course silver is a less liquid or popular market but is it really that thin?
Anyone trade silver via NY/CME futures markets? What is average spread there?
For example, the current live silver spread at that broker is about 1.5 cents. My cfd broker has a silver spread of about 3.2 cents. Interestingly the difference is spread between the two on gold is almost non-existent.
Would like to find a broker situation where silver spreads are less than 1.5 cents (less than 1.0 cent possible?) and leverage of 200:1 on up to 50 lots or minimum 100:1 and reputable.
Anything out there or am I just dreaming?
There is a popular broker with low leverage that seems good but would like to have more leverage available and even lower spreads if possible.
As a percentage of price, silver spreads in general seem to be 5x to 10x more compared of gold trading and most otc cfd brokers charge a premium on spreads. Of course silver is a less liquid or popular market but is it really that thin?
Anyone trade silver via NY/CME futures markets? What is average spread there?
For example, the current live silver spread at that broker is about 1.5 cents. My cfd broker has a silver spread of about 3.2 cents. Interestingly the difference is spread between the two on gold is almost non-existent.
Would like to find a broker situation where silver spreads are less than 1.5 cents (less than 1.0 cent possible?) and leverage of 200:1 on up to 50 lots or minimum 100:1 and reputable.
Anything out there or am I just dreaming?
