FXOpen Announces 40% Spread Cut

FXOpen continues to make enhancements to the ECN liquidity, resulting in FX spreads being reduced by over 40%.

These tighter spreads will save traders money, and with 13% of price updates resulting in a choice price in EURUSD, FXOpen is the ideal venue to execute high frequency and scalping trading strategies. Here’s some examples of the tight spreads you can trade:

Gary Thomson, FXOpen UK COO, had this to say about the development: “FXOpen continues to bring our clients tight spreads and excellent execution, with more improvements to liquidity planned over the summer. We look forward to updating you about these exciting developments.”

* Average spread data on EURUSD taken between 00.00 - 23.59 6th June 2022 vs average spread data taken between 00.01- 23.59 21st June 2022

** Average spread data taken between 00.00 – 23.59 on 21st June 2022