DislikedYou are currently advertising reduced spreads. On your site you claim a typical spread of 1 pip on EUR/USD has this changed at all? A 1 pip spread would be fantastic if it were true. Although your spread can and does drop under a pip, I have found that typically your spread is around 1.6 Oandas spread has blownout recently from 0.9 to 1.2 typically. MBT average is around 0.8, half of your spread so still cheaper even with commission.
I am hoping this recent spread reduction will mean I can get even 1.2 as typical and get close enough to Oanda's...Ignored
You are correct that we have reduced our spreads, in fact we have reduced spreads on around 10 pairs in the last few weeks. Rather than the average spread in just the liquid times, I can tell you that the average spread for the whole of last week on EURUSD (based on 606,139 ticks) was 1.14 pips. Obviously I would expect that during the liquid times, this would be slightly lower.
I hope that helps and if there are any other pairs you are interested in, let me know and I will get the details.
Thanks,
Chris