Best GBP/JPY spread???

[tiago]

which broker offers the best spread on the GBP/JPY spot pair??? thankyou in advance for your responses.................tiago

 

[JonnyT]

I don't know about others but is 0.06 on IB this morning.

JonnyT

 

[TheBramble]

0.09 on FXCM (who I no longer use) and

0.06 on Oanda.

 

[AsiF5566]

0.09 and 0.06 ???? u ppl gone mad is it ???

 

[Hip Hop]

<3 these days, if you look about .

Hip Hop.

 

[GammaJammer]

I would be very wary of just looking at it in spread terms. If you get a 3 pip spread in retail amounts that's basically locking in a loss for your broker every time you trade. So you just know they're gonna claw it back somehow.

Work it back through the legs in cable / usdjpy to see what I mean. 6 seems more realistic to me, otherwise I'm guessing you're just gonna get requotes all the time (in which case it isn't truly 3 pips).

GJ

 

[YourTradingDiary]

Hi all,

I recently came across igindex, who seems to be a very broker and has very good reasons to join.

Their spread for this currency pair, if I remember rightly was only 3 pips! Thats a lot less than my previous broker who offered 8.

YourTradingDiary.Blogspot.com 🙂

 

[blancspa]

0.055 Alpari, puts me off for now