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FXOpen Announce 40% Spread Cut
Abstract：FXOpen, the global forex and CFD broker has announced that they are continuing to make enhancements to their ECN liquidity, resulting in their FX spreads being reduced by over 40%.
Gary Thomson, FXOpen UK Chief Operating Officer, explains: “These tighter spreads have been introduced to save traders money and with 13% of price updates resulting in a choice price in EURUSD, FXOpen is the ideal venue to execute high frequency and scalping trading strategies.”
Heres some examples of the tight spreads accessible when trading with FXOpen:
EURUSD average spread 0.2
AUDUSD average spread 0.3
USDJPY average spread 0.4
USDCAD average spread 0.5
Mr Thomson continues: “FXOpen continues to bring our clients tight spreads and excellent execution, with more improvements to liquidity planned over the summer. We look forward to updating our clients about these exciting developments.”
Disclaimer:
The views in this article only represent the author's personal views, and do not constitute investment advice on this platform. This platform does not guarantee the accuracy, completeness and timeliness of the information in the article, and will not be liable for any loss caused by the use of or reliance on the information in the article.
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