About EURUSD spread - InstaForex | Forex Forum | Forex world | InstaForex Forum
Instant Forex Trading

Welcome Guest ( Log In | )

 
Add Reply   New Topic
About EURUSD spread
 Topic Options
 
martyn777
post May 29, 2011, 09:16 AM
Post #1
Newbie
*
Group: Members
Posts: 2
Joined: May 27, 2011
Member No.: 10,471

post May 29, 2011, 09:16 AM
Post #1
Hello! Please, who can explain what EURUSD spread must be? I know its usually about 3-5 points, but i always byu and sell with 30 point spread, why? May be i dont understand something?
For example: last day the price was 1.40320/1.40350 It is normal?
Sorry for my english=)
Go to the top of the page
 
+Quote Post
 
 
IFX Alexandra
post Jun 6, 2011, 01:23 PM
Post #2
Honorary Member
****
Group: Members
Posts: 620
Joined: October 18, 2010
Member No.: 4,993

post Jun 6, 2011, 01:23 PM
Post #2
QUOTE (martyn777 @ May 29 2011, 11:16 AM) *
Hello! Please, who can explain what EURUSD spread must be? I know its usually about 3-5 points, but i always byu and sell with 30 point spread, why? May be i dont understand something?
For example: last day the price was 1.40320/1.40350 It is normal?
Sorry for my english=)

This is probably because your account was opened on the European server that has 5-digit quotations and bigger spread.



Regards, official representative Alexandra Melyukhova


________________________________________
Official Website | FAQ | Contacts | Weblog
Go to the top of the page
 
+Quote Post
 
 
foundationfx
post Jun 8, 2011, 05:40 PM
Post #3
Newbie
*
Group: Members
Posts: 2
Joined: April 26, 2011
Member No.: 9,674

post Jun 8, 2011, 05:40 PM
Post #3
QUOTE (martyn777 @ May 29 2011, 04:16 AM) *
Hello! Please, who can explain what EURUSD spread must be? I know its usually about 3-5 points, but i always byu and sell with 30 point spread, why? May be i dont understand something?
For example: last day the price was 1.40320/1.40350 It is normal?
Sorry for my english=)



Hey, general EURUSD spreads range from 2 to 3 pips anything over that is excessive during normal market conditions. Your account is probably set to 5 decimals through MT4 so 30 would be the same as 3 pips.
However, some brokers offer EURUSD spreads as low as 0! Learn more about spread comparisons at www.fxintel.com
Go to the top of the page
 
+Quote Post
 


        1 User(s) are reading this topic (1 Guests and 0 Anonymous Users)
0 Members:

 

Lo-Fi Version   Partnership with InstaForex   Open account in InstaForex   Support InstaForex Time is now: 28th March 2024 - 02:07 PM