FP Markets· Opf: Competitive spreads
  Source:FP Markets 2023-05-22 14:15:05
Description:
Forex, as the world's most traded market, comes with numerous trading opportunities. Traders pay their trading fees by the spread between the bid and ask prices. When spreads are small, transaction costs are reduced.Our diverse liquidity portfolio and partnerships with leading banks and non-bank financial institutions ensure that we have ample liquidity, which further guarantees competitive spreads for our traders.The spread affects your tradingSuccessful traders always adjust their trading strategies based on changes in spreads:High spread: When the spread between the ask price and the bid price is higher than usual, this may indicate a period of low liquidity or greater market volatility. For example, non-major forex currency pairs tend to have higher spreads than major currency pairs.Low spread: When the spread between the ask and buy prices is lower than usual, it indicates high liquidity or low market volatility. For example, spreads tend to be lower during major forex trading sessions.