For the past two weeks I have noticed that spreads at IC Markets, especially at nighttime (European time)
For the past two weeks I have noticed that spreads at IC Markets, especially at nighttime (European time)
I've noticed it, too, and not just in EUR/USD. In GBP/JPY spreads shoot out of nowhere, even in moments of little movement. I don't think it's serious coming from a broker who brags about having ultra-low spreads.
It happens to me the same way, but only when I use the RAW account. In the standard it is still �acceptable�, although with hidden commissions in the execution. I suspect they are manipulating more than they admit.
You complain about IC Markets and have not yet tasted the hell it is to operate on �kitchen� brokers. This, at least, is regulated Australia. If you don�t like it, move to a pure ECN, but then don�t cry for swaps.
I've been with them for years and I've never had any serious problems... until now. What the creator says is true. I've had 3 stopouts this week for spikes that didn't show up on TradingView or other platforms.
Exactly. It�s not just the spread, it�s also weird execution. I had a 4-pipe slip in a limited order on AUD/USD... and there was no news! I think they�re starting to pull more from the dealer side than from the actual ECN.
Instead of crying so much here, why don't you open a ticket with support and share what you say? Because I did it, you answered me in 10 minutes and adjusted the spread manually with refund. It's not perfect, but at least they respond.
Did they adjust the spread manually? Well, they told me it was �market condition� and they couldn�t do anything. Do you have a VIP account or did you just get a nicer agent?
They are deriving more liquidity from secondary providers, which is why there is more noise in the execution. I was confirmed by an internal contact. And yes, it mainly affects accounts with lower volume.
Then stop selling smoke with your �institutional spreads� marketing. If they treat you differently for trading 2 or 20 lots, they should clarify it on their page. Zero transparency.