hi trade with go markets recently have been reasonable good spreads but notice if try to scalp lots of requotes so asked if they are a STP broker which they said they were any one know differently
These are my concerns also. I still end up placing my limit orders allowing for a bit of a buffer to match something like the old spreads just in case. Still yet to be convinced if this is better or worse than having as close to a fixed spread as can be offered in the old system.
For the record in the last 10 hours I have seen the following max spread spikes on the new feed.
GBPUSD= 9.2
USDCHF= 5.5
USDCAD= 25.5
EURGBP= 7.0
GBPJPY= 13.1
EURCAD= 31.0
EURUSD= 3.5
These were the max they spiked too, for the most part they are quite low- I'd still feel more comfortable trading the old fixed spreads any day given the hard stops I like to use, least you know what to expect.
MBT spreads don't come anywhere near blowing out this much.
- #85
- Jun 8, 2009 9:16am Jun 8, 2009 9:16am
Yes exactly Daneo,
For the record in the last 10 hours I have seen the following max spread spikes on the new feed.
GBPUSD= 9.2
USDCHF= 5.5
USDCAD= 25.5
EURGBP= 7.0
GBPJPY= 13.1
EURCAD= 31.0
EURUSD= 3.5
These were the max they spiked too, for the most part they are quite low- I'd still feel more comfortable trading the old fixed spreads any day given the hard stops I like to use, least you know what to expect.
MBT spreads don't come anywhere near blowing out this much.
Interesting
