5-7 pips spread

Are there any brokerages that offer the 5-7 pips on major currencies.


regards

steve

 

5 -7 ?

I thought 1 -3 was common.

 

trading too easy for you !!!

lets make it challenging by getting the biggest spreads possible

 

I suspect you mean the major crosses and 5-7 point spreads. Do you mean pairs such as GBPJPY and the like?

 

euroyen
usdyen
gbpusd
stgyen

can make initial margin deposit, can do the volume.

 

At Oanda right now, the spreads are

2.6
2.2
2.5
7.0

 

At Interactive Brokers Live right now: (add 0.4 pips round-turn commission on each)

eurjpy: 2 (2.4)
usjdpy: 1 (1.4)
gbpusd: 1.5 (1.9)
gbpjpy: 5 (5.4)

Though at IB you do have to deal with later currency conversions, especially on the crossrates, on residual balances in your account.


On an FXCM Demo:

eurjpy: 4
usdjpy: 3
gbpusd: 4
gbpjpy: 7