Why does the spread change in forex?
The spread in forex changes when the difference between the buy and sell price of a currency pair changes. This is called a variable spread – the opposite of a fixed spread. When trading forex, you will always deal with a variable spread.
The forex spread may increase if there is an important news announcement or an event that causes higher market volatility. One of the downsides of a variable spread is that, if the spread widens dramatically, your positions could be closed or you’ll be put on margin call. Keep an eye on our economic calendar to stay abreast of upcoming financial events.
Forex trading platforms
There are a range of forex trading platforms to choose from, including our award-winning platform, MT4 or an MT4 VPS. Each of these platforms will show the forex spreads up front.
Our trading platform
Our trading platform has been voted the best in the UK,i and you can use it to trade over 80 currency pairs including majors like EUR/USD and GBP/USD, and minors like CAD/JPY and EUR/ZAR. Our minimum forex spreads start at 0.6 for EUR/USD and AUD/USD.
You’ll also get in-platform news and analysis from our expert team and Reuters, as well as technical indicators like moving averages and relative strength index (RSI) to help you conduct technical analysis.
MetaTrader 4
MetaTrader 4 (MT4) is an automatable forex trading platform, and it has been popular with forex traders for over 15 years. When you create an MT4 account with us, you’ll get access to MT4 and our full range of MT4 forex markets, as well as a number of free indicators and addons to help you conduct analysis and customise the platform. Our minimum MT4 forex spreads start at 0.6 on EUR/USD.
We also offer an MT4 VPS, which offers low latency and reliable uptime – meaning you’re sure to get fast execution. Our MT4 VPS is hosted by Beeks in London, and it’s the fastest, most reliable VPS on the market.
