FXSOL 5 pips spread on GBPUSD NOW!!!!

What about when major news - like NFP - are coming out? How big are the spreads then?

 

When i was using FXSOL spread was always fixed but often you cant trade during big news because you receive "Waiting for manual execution." message.

 

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.

 

eur/usd with currenex 91/92
fxol 90/93

same with other pair let said usd/jpy
currenex 32/33
fxol 31/34
you know what that means , right ?
they make 1 full spread in or out , always .

 

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

 

Chances are the OP has blown out his account since October, 2006 mate!

 

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.

 

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

 

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?