Hello,
Im using OandA broker…
How could i know what spread going to be during all the important fundamental news?
Is there any Maximum spread the broker allowed to make ? or , how they decide if its will be 10,20,30 or even more …
is there any link which shows the spread during different news ?
Thanks
There are no rules on what spreads need to be, just competition between brokers. How much the spread will widen will depend on the broker’s determination of how much a given news item will increase market volatility. The bigger the news item, the larger the likely spread going in.
There is no maximum spread, but in the E/U the usual spread during important news is 10 pips
Thank you very much , great link