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Thread: Decrease Spread.

  1. #1
    FxIndia Administrator Invest_Master's Avatar
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    Default Decrease Spread.

    I would like to suggest that to reduce the spreads on major currencies pair.
    As this would surely bring in some large number of trader in this company.


    Regards,
    Invest_Master

  2. #2
    FXMalay Supporter arialun's Avatar
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    Default

    Yes.. I do agree with that.
    Why not? Or at least we could have something like 'Happy Hours' trading on special occasion day, where zero spread is offered..sm_cool
    Last edited by arialun; 04-28-2007 at 12:13 PM.

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    Director of FXOpen Aus FXOjafar's Avatar
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    Default

    You could offer an ECN feed option with 0-1pip spreads across the board with commission payable.
    Jafar Calley - Director
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    Intraday Master
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    Default

    Happy hours... i like the sound of that.. but for me.. fxegypt fx is already okay.. come-on, i mean its low already... and how can fxegypt making profit without spreads (0) ? but maybe --just maybe fxegypt would make happy hours in coherence with any special occasion days such as Idul Fitri and so on?

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    Default

    I don't like to pay commision at all. If we lose we still to have pay that commision.

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    Director of FXOpen Aus FXOjafar's Avatar
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    Default

    FX Egypt's spread is already one of the lowest in the retail industry. It's doesn't need to come down. Except perhaps 2 or 3 pips on g/j? hehe
    Jafar Calley - Director
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    FxIndia Administrator Invest_Master's Avatar
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    Default

    Quote Originally Posted by RebateFX.com View Post
    FX Egypt's spread is already one of the lowest in the retail industry. It's doesn't need to come down. Except perhaps 2 or 3 pips on g/j? hehe
    Well it is not one of the lowest Oanda is the lowest right now which have 1.2 (variable)spread mostly and I think if you don't like the reduction of spread then just for one execute this offer for one month you would see the difference in the number of customers you would have or introduce the Happy hour trading which won't be a big problme for you.
    Like once in a week for 2 -5 hours without any spread would be a nice or if then very low spread.

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    In Profit rodman21's Avatar
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    Default

    Oanda -although a great market maker, but the reduced spread (1.2 on EURUSD) has many downsides and limitations; to mention a few- maximum leverage is 50:1 (yes fifty not five hundred), also the spread is dramatically widen up during news hours (up to 10) and on Sat-Sun. so as a matter of fact, to generate a $1000 profit you need to open say 2 trades in FXEgypt, but you need to open 4 trades Oanda, which will result in YOU actually paying more more spread.

    not to mention the famous slippage problem...

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    Default

    I have another idea, for each customer birthday, they are allowed to trade without spread, that would be nice birthday present, don't you think so.

    anyway

    Danke Schon
    CT

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    Denis Peganov, FXOpen Development Director cool user FXOpen Manager's Avatar
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    Quote Originally Posted by RebateFX.com View Post
    FX Egypt's spread is already one of the lowest in the retail industry. It's doesn't need to come down. Except perhaps 2 or 3 pips on g/j? hehe
    This is my dream also

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    Default

    I dream that decrease spread for GBP/JPY

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    Default

    Quote Originally Posted by chart.trader View Post
    I have another idea, for each customer birthday, they are allowed to trade without spread, that would be nice birthday present, don't you think so.

    anyway

    Danke Schon
    CT

    Maybe it is a good idea for the birthday gift .- -

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    Quote Originally Posted by dangerous2010 View Post
    I dream that decrease spread for GBP/JPY
    It is hoped that your dream come true....

  15. #15
    Director of FXOpen Aus FXOjafar's Avatar
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    Quote Originally Posted by dangerous2010 View Post
    I dream that decrease spread for GBP/JPY
    Well, with my rebates, the g/j spread is effectively 6.5 pips instead of 7
    Jafar Calley - Director
    FXOpen AU Pty Ltd
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