How can you daytrade FX off, say, a 1 minute chart with spreads so large? At 20:1 leverage, a 2 pip spread on the EUR/USD is a .35% loss on every trade. At OandA the EUR/USD bid/ask quote is 1.1548/50. The spread is 2 pips which is the lowest in the industry, I think. A good sized move is about 8 pips. How can you profit with that kind of handicap???