GFT Reduces Forex Spreads
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Thread: GFT Reduces Forex Spreads

  1. #1
    Got anyone got any comments? I'm with alpari and I have never noticed the spreads although they're variable.

    Appears to good to be authentic for a bargain desk so if anyone can offer some feedback be appreciated!

    Currency pair

    Spreads now as low as

    EUR/CHF 1
    EUR/GBP 1
    EUR/USD 1
    USD/JPY 1
    AUD/USD 2
    CHF/JPY 2
    EUR/JPY 2
    GBP/USD 2
    USD/CAD 2
    USD/CHF 2
    AUD/JPY 3
    CAD/JPY 3
    NZD/JPY 3
    NZD/USD 3
    EUR/AUD 4
    EUR/CAD 4
    GBP/CHF 4
    GBP/JPY 4
    GBP/AUD 6

  2. #2
    Yea they lowered these two days ago

    used the new spreads but just got eur/usd -3 I think

  3. #3

  4. #4
    Just spoke with the table and they say that the spreads are VARIABLE .

  5. #5

  6. #6
    Quote Originally Posted by ;
    yea they lowered these two days ago

    used the new spreads yesterday but just got eur/usd -3 I think
    hmmm exactly what I thought, thanks for letting me know

  7. #7
    Alpari'm being used by me . I love their spread. Although I have the issue lagging motion price(somtime). Plus they did not provide support support. However, I still loving them they email me back as soon as posible.

    By the way, I still nvr reach a GJ disperse wif 4. On the lookout for it.

  8. #8

  9. #9
    I have obtained 1 pip spreads, and I visit 2 pip spreads the majority of the day on the majors. Never quoted beyond 3 on the majors, even during NFP.

    Clif

  10. #10
    Newbie here.

    The spreads are indeed 1 pip lower on a lot of the major pairs.

    I suspected that GFT is attempting to counter the effect of ECNs on trading. Traders do not want a market maker attempting to get between them and their entrance price, and also an http://www.goforex.net/forex-basics.htm#ECNwas made to eliminate the middleman by showing what other banks are providing by way of spreads; using GFT, and with no ECN, you utilize their spreads alone, since you place bids by their bank alone -- you do not have to store and compare spreads.

    More detail in this pdf.

    EDIT

    Seemingly, ECNs are installed by brokers, not by person dudes who remain at home and trade within their bathrobes. My mistake. (As I said, I am a rank amateur.) And a few of the reviews aren't type:

    Low lifestyle scum!!! Can't trade the news, bad fills, bargain publiion web just not possible to use.

    I am not posting a link; just google that term and you'll get to the site I mean.


    http://www.google.com/search?sourcei...252q=ECN forex
    https://www.forexforum.co.za/attachm...1940757410.pdf

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