Floating Spread Trading Accounts

The floating spread accounts are becoming more popular and called-for nowadays. The difference between seller’s price and buyer’s price (Ask and Bid) in operations with the usage of this account type fluctuates within certain limits, subject to various factors.

The floating spread, commonly used on the Forex market, usually is considerably lower, as the order execution with this type of accounts is processed by NDD technology (Non Dealing Desk), that means broker’s non-interference, therefore, the orders are handled by Market Execution scheme, without re-quotes, at the current market price.