Horrible fill on Oanda today, giant pip spread

I was told that because it was Good Friday the liquidity was terrible

The market low today in CAD/JPY was about 85.53. My stop sell order was filled at 85.47 at 1:53:33. That is at least a 6 pip jump against me on a pair that usually has an Oanda spread of around 1.6.

And that 6 pips is supposed to be half, so the full spread that was about 12!

I guess because it was close to the close it was even worse, but can anyone else corroborate that their broker’s pip spread was awful on Good Friday? I would appreciate knowing that. Thanks.

Hey @Bry777, sorry to hear about that. I personally got a mail from my broker with respect to the widening spread due to the thin nature of the market during the holidays. As a rule, spreads generally widen during holidays.

i heard that it is inadvisable to trade on holidays

thx both of you, lesson learned!

Yes, better to go and enjoy the holidays than try to trade on the Easter weekend

I’m surprised your broker even offered a market on an international holiday. Only thing I could do over this weekend was add or adjust orders.