Fxlift
Questions & Answers

How can you assess spreads on this platform, are the competitive enough?

Asked by Fabio P. on 6/10/2024

2 Answers
Asier C.8/14/2024

I would say the spreads are competitive, but nothing special. The real deal is the swaps, they are very good, and its not that hard to set up a successful carry-trade strategy, even after the Yen went sour this summer. Another thing I would say is, the spreads info FxLift has on its website is not entirely accurate, For me, the spreads are actually lower than what they show to the public. Outside of news and exchange closing times ofc.
But still, for scalping, if you have spreads at all, its not that great.
Raul D.6/17/2024

I think that is the one thing that this broker has... good trading conditions. They do not really offer any fancy tools, but they offer good conditions, tight spreads, stable platform, simple platform... that is what the broker is all about.

Add your answer