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Forex vs Binary Options – 1. Forex vs Binary Options – 2. Spotted a mistake or there has been an update in Broker’s spreads? Please suggest by adding a comment below. During increased market volatility variable spreads will widen for all dealing desk brokers, which means a trader won’t get the lowest spreads advertised by a Forex broker. 1 pip and even be quoted at zero. With dealing desk brokers variable spreads never drop below the advertised point, they can only rise.
Fixed spreads, although called “fixed”, can also be a subject to change. There are brokers who offer Fixed Guaranteed spreads – such spreads don’t change no matter what. Non-Farm Payroll, Unemployment Rate, Consumer Price Index, Retail Sales, Interest rates etc. During other trading hours spreads remain fixed.
Please use this table as a guidance. While only live spreads comparison could provide you with “up to minute” accurate data. 8 without commission, I have tested other brokers and their best spread is around 1. 9 pips fixed spread on EURUSD, GBPUSD, AUDUSD, USDJPY. 1pip fixed spread on classic account and from 0. 1 pips, but most of the time 0.