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Originally Posted by gazuz
Hey everyone,
I'm not sure if I missed something but I was experimenting with trading manually live and notice a 3 pip spread in the EURUSD instead of the 2 pip that is promised on their website. I am doing this in Demo, so is this just becuase it is a Demo account that it's doing that or did they change it back to 3 or whats going on??
Thanks in advance
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I have a demo with MIG in Switzerland and they do the same cranking up the spread by one or two pips when its getting too volatile or at their gusto.
In their terms and conditions they mention that they will do those things whenever they feel like. On the other hand you are actually not trading with the market but with your broker since your lots are way too small. Anyways, I also receive very often a requote, that sucks even more especially when there are news reports released like TIC report or Non Farm Payrolls and you are forced to redo the math instead of just closing your order.
cobra