Question: Why the spread changes on "Fixed MT4 Account" of HotForex?
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HotForex’s Fixed Spread account offers “Fixed Spread” almost at all time.
But based on MT4 historical spread analysis, the spreads remain fixed 99,73% of the time but may occasionally widen during major economic news announcements.
HotForex cannot keep the spread as tight as 1.8 pips, when the actual market spread is wider than a few dozens of pips.
This fixed spread condition depends on the market volatility.
As mentioned above already, if the volatility is high in the market prices then the liquidity providers of HotForex may need to widen the spread, then the fixed spread will be widened temporary at the same time.
Fixed spread account offers suitable trading conditions for EA users.
Temporarily widened spread in fixed spread account, may not be a problem as long as you have enough margins to support open positions.
For inquiries regarding to your trading account type or positions, please contact support team from the Official Website.