What’s going on with the spreads tonight.?
just got in and had a look to see what’s been happening today, Noticed spreads going crazy, LCG’s spread on EUR/AUD was 69.8 pips. !!
When certain pairs narrow down again the others widen up. makes you wonder !!!
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Didn’t see eye watering spreads like that from either Pepperstone or even IC Markets here in Australia…
I think a few of the less scrupulous Brokers out there are using this highly volatile environment as an opportunity to top up their Corporate Jet Savings Accounts…
ICmarkets was 20 - 29 pips at that time for a few pairs, It was LCG that had that 69 pip spread who I used to trade with until they had a so called “GLITCH” and really took the Pi$$….
I am with ICMarkets myself at the moment but MT4 platform keeps disconnecting on a daily basis sometimes for 20 - 30 mins sometimes its hours.
I would tend to agree with that statement and even add some Supposedly reputable brokers too.
My system is sound and the only time it fails is when there is a “GLITCH” or the spreads are wider than the Atlantic ocean which seems to happen more often nowadays !
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Hi @A1lenTrader, I’m using Ctrader (v3.7) which is a very stable Trading Platform these days… don’t have the drop outs here in Australia… IC Markets are starting to get a bit of a name for themselves…
yes I also have Ctrader V3.7 which according to IC is located on the London LD5 IBX Data centre and would probably be the better option for me being based in UK,
But I prefer the simplicity of the MT4, 5 platforms though and they are apparently located on the New York Data centre.
But that still doesn’t explain why MT4 keeps disconnecting so frequently ?
I was using Pepperstone before the leverage cap and never experienced this problem with MT4 they also use New York Data centre. !
Change the access server to NY.02. Mine seems to default to LD (London?), and it’s a steaming pile that constantly locks up and doesn’t let me see or do anything. I thought it was my computer, but changing the access server has made it run fine for 2 days (except when it changes server back by itself???)

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