DislikedAny reason why aus/usd has gone upto 4.7 spread? That plus the commission both ways is ridiculous. I cant see any important news events eitherIgnored
Thank you for your comment in relation to our AUDUSD spreads.
Please be aware that around midnight each night and for a period thereafter it is normal to see increased spreads due to a withdrawal of Liquidity from our Liquidity Providers.
This is a common market occurence at this time each night as Liquidity Providers temporarily withdraw their liquidity from the market after the New York close. Once these LPs have returned to the market and resumed pricing the spreads will then reduce to more normalised levels.
I hope that I have clarified this, and shall you have any more questions, please do not hesitate to contact our support.
Kind regards,
FxPro Team
Trading CFDs involves significant risk of loss.