1 pip spread on cable - nice.
...and now cable's gone to 2..
Hi
Not sure where you are seeing that ? I have them as fixed spreads .. 2 on cable. Demo looks OK.
I just clicked on "FX" from the top page.
I'm only seeing it as 2 now. Maybe it was some oddity before the market was properly open.
AUD/USD is still 7 though, which is hardly competitive.
I'm wondering if it's a bit like FXCM where they have different platform offerings, only one of which is spread-betting. If this is the case, I wonder if the MT4 is actually for the SB platform or a non-SB platform?
Hi
Well not sure where you are seeing that about the AudUsd. On my Demo they are 3 ticks and seems work lovely !!
Go to home page, "Live Prices", click on FX.
As I write "Spot AUD/USD" is 0.8810 0.8817
Yea, sorry you are right. I am going to ring em up.
#
Said they were sorry. Technical error or something.
Yeah, 10p per point. You wouldn't think it would worth their while having such a low minimum.
Interesting that on the MT4 platform, they claim to offer no dealer intervention.
Is this the same as "no dealing desk"?
There is also a "Currenex" platform (available soon) which advertises "straight through processing" and market depth. Also one click trading.
I have to say it sounds as if they are trying hard.
I hope there are no catches.
The charts on MT4 can be a nightmare. The particular problem with the Dow has been to put historical data on the system.
As we only ‘turned it on’ recently, obviously we only had a couple of months data.
So I imported a load the other day, via a Bloomberg feed, which looks like it has had a few issues.
The other problem with the Dow is that obviously we price our Spread Bet and CFD price off the Dow Future and adjust it with a fair value to get the cash price.
This enables us to quote it when the cash is closed. But for historical data this is a problem as it does not include this ‘out of hours’ time period.
But hopefully if you refresh your chart now it should better.