Oanda's spreads getting wider lately.

I trade the eur/usd and i've noticed the spread staying at 2 pips more often instead of the normal 1.5 I guess this is because less people are trading over the holidays so there's reduced volume? Right now the spread is 2 pips and it's 10pm eastern, seems like it used to be down to 1.5 by now almost always.

Hi Warmagus,

Oanda has been widening their spreads for a few mths now. Depends on whether there is news being released or not. Even if there is minor news, I see they increase their spreads a little.

Their spread fluctuates quite often over the 24 hour period. Once I even saw it down to 0.9!! Yeap, you read that right, 0.9.

Cheers,
K.

Cept when the markets in Japan are closed.
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