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Why are the spreads in FxPro so high??


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On 10/21/2020 at 8:45 PM, Gandalfx said:

Why are the spreads in FxPro so high??

Because they don't care about professional traders and it is result of underinvestment in their ECN network. In contrast Hotorex poured millions of USD into expansion of their network of LP providers that's why we now have the place where most of the time spreads stay at the ultra-low level. 

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The forex market can move abruptly and be quite volatile during periods when events are occurring. As a result, forex spreads can be extremely wide during events since exchange rates can fluctuate so wildly (called extreme volatility).

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