Flash news of FXOpen, spread reduced by 40%.
Reduced spreads, significant savings for traders, and increasingly profitable trades.
FXOpen reduces spreads by 40%
An ongoing process, aimed at improving the liquidity of the ECN more and more, has allowed the broker to reduce spreads by more than 40%. This sizable net cut will save a lot of funds for traders who will be able to leverage what they have saved in higher volume trades. Thanks to 13% of the updated prices that correspond to a price choice in EURUSD, the broker guarantees an ideal environment for trading strategies with the opening and closing of positions in an extremely short period of time (High Frequency Trading) and scalping.
Below we will list some tight spreads offered by FXOpen which you will be able to trade with.
|EURUSD||average spread 0.2|
|AUDUSD||average spread 0.3|
|USDJPY||average spread 0.4|
|USDCAD||average spread 0.5|
Additionally, FXOpen is committed to providing its loyal customers with ever-tighter spreads, flawless execution and other liquidity updates this summer.
The average spreads on EURUSD are recorded on 6 June 2022 between 00:00 and 23:59 compared to data on average spreads recorded between 00:01 and 23:59 on 21 June 2022.
As for the remaining spreads, they date back to a survey between 00:00 and 23:59 on 21 June 2022.