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Old 03-26-2009, 12:21 PM
 

Join Date: Mar 2009
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Default Any Good Broker that do not change the Spread on News?

I need help finding a good broker that do not change the spread on major news. I'm using oanda but sometime in news it get to 30 pip spread for 1minute.
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Old 03-26-2009, 04:10 PM
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I don’t think there’s a broker who doesn’t change their spread especially during news hours because the price fluctuations are very erratic. Maybe you can try FXCM; I heard they are trying to keep their spreads in 1 pip.

cheers

Czar
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Old 03-30-2009, 12:44 AM
 

Join Date: Mar 2009
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When major data is released or interest rate decisions etc. are announced
the forex markets become very volatile for a few minutes after that news is released, so its common for the spread to increase several pips for the time till the news is fully digested by the markets. You can also check out the demo platform of wsd-nz.com. as I understand that they also try to maintain reasonable spreads at all times.
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