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Forex Broker Spreads Widening?

Forex Broker Spreads Widening?

5 Years ago | July 27, 2015 00:00:00

Have you noticed that your broker’s bid-offered spreads have been widening? I have seen evidence of this on the platforms I trade. One with a raw spread has been modest while another has moved out by 50% in the EURUSD to an average lately of 1.5 pips. It is hard to say whether this is the result increased volatility, reduced liquidity or a combination? it also may be an attempt to boost profitabilityu but this is too early to say it is a trend in this competitive forex broker market. .

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