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broker marketing scheme?

  • #1
  • First Post: May 14, 2009 9:37pm May 14, 2009 9:37pm
a thought came to me about oanda's eurusd spread being 0.9

Does it have anything to do with the fact that everything in retail usually end with .99? (i.e buy this for 99cents or $19.99) because it would 'look' cheaper for consumer traders like us, instead of putting a spread of 1.

i don't know..just my 1.99 cents
  • #2
  • Last Post: May 14, 2009 9:59pm May 14, 2009 9:59pm
Quoting hilmy83
a thought came to me about oanda's eurusd spread being 0.9

Does it have anything to do with the fact that everything in retail usually end with .99? (i.e buy this for 99cents or $19.99) because it would 'look' cheaper for consumer traders like us, instead of putting a spread of 1.

i don't know..just my 1.99 cents
Never given it any thought before, but now that you mention it... It does make sense.
Living the adventure in my head.
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