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Thread: ECN Pips Spread

  1. #1
    Elder Analyst RahmanSL's Avatar
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    Default ECN Pips Spread

    Is it normal for spreads to widen before market closing on Friday??

    On market closing, the pips difference on ECN trading platform for EUR/USD is 1.41139 / 1.41203 = 6.4pips difference.

    For the AUD/USD it is 1.05699 / 1.05751 = 5.2pips difference.

    That's only two examples, but the pips difference is rather substantial for ECN account; isn't it?

    If that's "normal", then might as well go with fixed pips on a STD account; correct?
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    Default

    No, on Standard accounts the markets close 1 hour earlier. During normal market conditions ECN is (should be, otherwise FXO looses money on trades on Standard account) always cheaper.
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