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:


Symbol Spread
EURUSD average spread 0.2*
AUDUSD average spread 0.3**
USDJPY average spread 0.4**
USDCAD average spread 0.5**

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

The FXOpen EU Team

E-mail: [email protected]

Live chat
Back
CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 77% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work, and whether you can afford to take the high risk of losing your money.