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

researchpro

Ahli sejak Oct 06, 2015 8 hantaran

Oct 13, 2015 at 06:19

Ahli sejak Oct 06, 2015 8 hantaran

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

Ahli sejak Oct 06, 2015 8 hantaran

Oct 14, 2015 at 06:44

Ahli sejak Oct 06, 2015 8 hantaran

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

Ahli sejak Feb 22, 2011 4573 hantaran

Oct 14, 2015 at 15:23

Ahli sejak Feb 22, 2011 4573 hantaran

Try this brokerhttp://www.octafx.com/?refid=337939 you will get spread less than 1.0

jasonrogers

Ahli sejak Aug 12, 2009 243 hantaran

Oct 14, 2015 at 22:16

Ahli sejak Aug 12, 2009 243 hantaran

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 http://www.myfxbook.com/forex-broker-spreads

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

EURUSD	1.13037	GBPUSD	1.32767	AUDUSD	0.64436
USDJPY	144.966	USDCAD	1.38103	USDCHF	0.8268

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