easy-forex, Fixed Spreads



http://www.easy-forex.com/gtw/6255274.aspx Hi Guys, Nicholas here and today I want to talk about Fixed Spreads. Spread… what is it? Something you put on your toast? Well yes it is, but not in forex trading! The spread is very important because it’s the difference between the price at which you can buy and sell currency. So then, what is a fixed spread? A fixed spread means that the difference between your buy and sell price will be consistent at all times regardless of market conditions. Let me say that again: consistent at all times regardless of market conditions. Even when the Swiss National Bank announcement caused the EUR/CHF to rapidly drop by 2000 pips, fixed spreads remained the same. A fixed spread means you don’t need to worry about re-quotes or spreads widening during high volume periods. It helps you to manage your trading costs as you will already know how much the buy and sell prices will differ. It means no nasty surprises or hidden extras when you open or close a trade. And the best part? We provide fixed spreads for all our traders whatever their account type!

Comments

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