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FXCM vs Oanda spread, I'm showing Oanda tighter?
researchpro

Biedrs kopš Oct 06, 2015  8 ieraksti researchpro Oct 13 2015 at 06:19
Hi, I was comparing spreads yesterday and today between FXCM and Oanda, on EURUSD . both days I show FXCM over 2 pip spread. Today again at this moment FXCM is 2.7 pip spread and Oanda 1.4 pip spread. How can that be if FXCM is a non dealing desk STP broker and Oanda is dealing desk?

Am I doing something incorrectly, or what? you can goto forexchurch.com/forex-spreads.cfm and see for yourself, I also have a terminal up that is exactly the same as forexchurch site spreads.
Thanks
John

researchpro

Biedrs kopš Oct 06, 2015  8 ieraksti researchpro Oct 14 2015 at 06:44
I just checked again today, and again FXCM 2,8 and Oanda 1.4 spread on eurusd. Can that be right? How is a STP broker double the spread of a Dealing desk broker? Am I overlooking something?

togr

Biedrs kopš Feb 22, 2011  3695 ieraksti vontogr (togr) Oct 14 2015 at 15:23
Try this brokerhttps://www.octafx.com/?refid=337939 you will get spread less than 1.0

I like what I trade, I trade what I like
jasonrogers

Biedrs kopš Aug 12, 2009  272 ieraksti Jason Rogers (jasonrogers) Oct 14 2015 at 22:16
researchpro posted:
I just checked again today, and again FXCM 2,8 and Oanda 1.4 spread on eurusd. Can that be right? How is a STP broker double the spread of a Dealing desk broker? Am I overlooking something?


Hi Researchpro,

As you can see from the Myfxbook live spreads table, FXCM spreads are very competitive even when you include commissions https://www.myfxbook.com/forex-broker-spreads

What platform did you use to look at our spreads? Trading Station, NinjaTrader, MT4?

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