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FXSOL 5 pips spread on GBPUSD NOW!!!!
- Thread starter spieler
- Start date
. If you want tight spreads, have a look at the CME.
When FXsol can match customer orders
they make the full spread.
If they have to offset your trade in the
interbank market, they make the full spread minus the interbank spread,so
less if they can offset in time at least.
they make the full spread.
If they have to offset your trade in the
interbank market, they make the full spread minus the interbank spread,so
less if they can offset in time at least.
Quote from joemiami:
I use Mb Trading. GBPUSD spread is 2 - 2.25 but have gotten filled at 1.75 spread at times when market not moving too fast
PLUS a $10-15 round trip commission for each standard lot at MB.
Don't forget that little bit of info.
Seems like almost all FX brokers are increasing spreads.
After a related discussion with Ivan, I am thinking many of them lost an ass-ton of money in the super volatile markets we've had and are now taking steps to "make it back", at the expense of the customer.
This has been very notable with Oanda. I get freezes literally every single day now. Oftentimes many more than once per day. The platform will freeze and lock up out of nowhere.
I have two separate computers I use for contingencies, so it's not my Java cache, etc that they always say it is, as it happens simultaneously on totally separate computers. The spread also gets pretty wide even with no volatility, and slippage is absurd.
Last night spread got up to 5 pips on eur/jpy and then every trade I made got me AT LEAST 2 pips slippage.
That will add up rather quickly.
Quote from Reaver:
PLUS a $10 round trip commission for each standard lot.
Don't forget that little bit of info.
Seems like almost all FX brokers are increasing spreads.
After a related discussion with Ivan, I am thinking many of them lost an ass-ton of money in the super volatile markets we've had and are now taking steps to "make it back", at the expense of the customer.
This has been very notable with Oanda. I get freezes literally every single day now. Oftentimes many more than once per day. The platform will freeze and lock up out of nowhere.
I have two separate computers I use for contingencies, so it's not my Java cache, etc that they always say it is, as it happens simultaneously on totally separate computers. The spread also gets pretty wide even with no volatility, and slippage is absurd.
Last night spread got up to 5 pips on eur/jpy and then every trade I made got me AT LEAST 2 pips slippage.
That will add up rather quickly.
Didnt know about the $10 commish on std lots. I trade mini acct (5-7 per trade) so i dont really pay much attn to the fees.
the spreads I trade at:
EUR/USD 2
AUD/USD 2
GBP/USD 3
EUR/GBP 2
EUR/JPY 3
USD/JPY 3
USD/CHF 4
USD/CAD 4
EUR/AUD 10
EUR/USD 2
AUD/USD 2
GBP/USD 3
EUR/GBP 2
EUR/JPY 3
USD/JPY 3
USD/CHF 4
USD/CAD 4
EUR/AUD 10
Quote from increasenow:
the spreads I trade at:
EUR/USD 2
AUD/USD 2
GBP/USD 3
EUR/GBP 2
EUR/JPY 3
USD/JPY 3
USD/CHF 4
USD/CAD 4
EUR/AUD 10
Are those advertised spreads or are you actually getting those?
Also, what kind of slip are you getting?
Seems to me Oanda has increased slip as another way to get more out of each trade while still keeping spreads right at the borderline of acceptable. I think even if they ever decrease spreads back to normal, they will keep at least the same amount, if not more slip per trade.
BTW whose rates are those?