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

Uczestnik z Oct 06, 2015 8 postów

Oct 13, 2015 at 06:19

Uczestnik z Oct 06, 2015 8 postów

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

Uczestnik z Oct 06, 2015 8 postów

Oct 14, 2015 at 06:44

Uczestnik z Oct 06, 2015 8 postów

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

Uczestnik z Feb 22, 2011 4862 postów

Oct 14, 2015 at 15:23

Uczestnik z Feb 22, 2011 4862 postów

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

jasonrogers

Uczestnik z Aug 12, 2009 272 postów

Oct 14, 2015 at 22:16

Uczestnik z Aug 12, 2009 272 postów

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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