Forex Rollover 10-30 Pips Widening of Spreads (Swing Trading PROBLEM)

Hi.

When swing trading… How do you guys deal with widening of spreads when the roll over happens at the end of the day. I trade 20 pairs and I’ve checked multi brokers everyday there are pairs that go from 2 pip spread to like 10-30 pips for about 2-30mins. That’s such a wide spread that even with good stop loss placement it takes me out. Starting to be a big issue for me.

I trade on a 4hr, so my stop loss isn’t huge.

Anyone found a broker that does reasonable widen of spreads? Not sure how to solve this problem.

If your entry is 10-30 Pips away from market pricing it should be fine to hold during the widening period.

TD365 a UK regulated broker has fixed spread accounts. Could suit you better. eToro has the worst.

Also try CMC, IG, XTB, IC.

I don’t have an additional great answer to this but its good to see a trader who has sought to quantify this issue - so many don’t even realise the excess distance that spreads can be pushed out to.

I trade off daily charts and can still get caught by spreads at transitional times of day. I have sometimes resorted to cancelling entry orders and even stop-losses until the spreads have returned to normal.

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Only option is to widen your stop at this time of the day then move it back after the hour.