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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 account with MIG in Swiss and they also add 1 or 2 pips when the market gets too volitile or when they feel like doing it. They also write it in their terms and conditions.
Additionally they have very often a re-quote, which even sucks more, especially when you trade on news releases. You just want to close your order and they come up with a requote and you have to re think it while the market moves on. I guess that is part of the game since we are actually trading with the broker firm and not with the market. The broker firm is trading with the market since we have to few weight in our lots, right.
Cobra