Anyone else notice the Bid/Ask lines on the charts do not match the prices in the Market Watch window? They also denote higher spreads. Market watch shows spreads of around 0.3 or 0.2 for EURUSD and GBPUSD most of the time, but the chart lines are showing spreads of 2.2 etc. The attached screenshot shows spread of 2.2 on the chart, but 0.2 on the market watch.
Thanks Jason. Yes, I'm not in the UK, so I guess I'll have to wait till they roll out the new spreads and rates to my account.
All the best with the contest everyone!
RKSA posted: Hi Jason,
Thanks for the info. I have a live FXCM UK account. Will all existing accounts automatically be transitioned to the new spread + commission costs? Do you know when it will happen?
FXCM's new pricing has already been rolled out to our clients living in the US, UK and Australia. The transition is being done region by region 1) to ensure we follow regulatory requirements for due notice to traders which vary by regulator and 2) to ensure an orderly transition within our own system so as not to negatively impact our traders.
You mentioned that your account is with FXCM UK, but if you live outside of the UK itself, then your account may still be on our old pricing. While I do not have information on transition dates for our clients in other countries at this time, you will receive email notification should a date be scheduled for you.
HIGH RISK WARNING: Foreign exchange trading carries a high level of risk that may not be suitable for all investors.
Leverage creates additional risk and loss exposure. Before you decide to trade foreign exchange, carefully consider your investment objectives, experience level, and risk tolerance.
You could lose some or all of your initial investment. Do not invest money that you cannot afford to lose. Educate yourself on the risks associated with foreign exchange trading, and seek advice from an independent financial or tax advisor if you have any questions.
Any data and information is provided 'as is' solely for informational purposes, and is not intended for trading purposes or advice.
Past performance is not indicative of future results.