Hi,
I am fairly new to this, so please pardon me if I miss something obvious. It appears that some brokers who generally provide good spreads (eg., Oanda ~ 1pip for EUR), widen their spreads significantly during news releases such as nfp. I am using a demo account at the moment and wouldn't shift to live for some time.
I have read in a few places that it is not a great idea to trade nfp, but regardless, are there any brokers who provide consistently good spreads ... ? As I am still in the phase of deciding which brokers to choose, it'd greatly help if you can offer any insight,
Thanks in advance,
- Raj.
I am fairly new to this, so please pardon me if I miss something obvious. It appears that some brokers who generally provide good spreads (eg., Oanda ~ 1pip for EUR), widen their spreads significantly during news releases such as nfp. I am using a demo account at the moment and wouldn't shift to live for some time.
I have read in a few places that it is not a great idea to trade nfp, but regardless, are there any brokers who provide consistently good spreads ... ? As I am still in the phase of deciding which brokers to choose, it'd greatly help if you can offer any insight,
Thanks in advance,
- Raj.