Hi,
is the spread too high for you for EUR/GBP? my broker usually shows it as 3 pip spread. then when i go long, it seems like such a mountain to climb! and has put me off trading it
Hi,
is the spread too high for you for EUR/GBP? my broker usually shows it as 3 pip spread. then when i go long, it seems like such a mountain to climb! and has put me off trading it
My spread is 2.5 pips. Canβt help here other than changing your broker.
What broker are you with? My EURGBP spread is typically 0.5 pips (MT4i - Spread data for IC Markets - Live), but I do pay commission.
My FXCM spread for Eur/Gbp is about 2.5,
but I have a long-term trade with wide stops
for this pair, so it does not impact the overall (hoped for) outcome. Perhaps the OP could try to do longer trades too? Just a thought
I am with Alpari UK. i have only been trading pivot points, so high spreads can make things difficult.
i will try hold out for more pips once i get experienced enough.