Non Farm Spreads comparison!

[Kerri5]

PLEASE SEE ATTACHED SCREENSHOT! I have two accounts open at different MT4 brokerages and was shocked to see the differnce in varible rates at NFP on Friday morning. Please look at the large gaps in IBFX spreads across the board compared to UGMFX. I know UGMFX just changed their spreads to variable rates, but so far they have been great! Good service and now good spreads, I am inpressed. I posted this to hear some thoughts. Hope this helps. Kerri

[buangcla]

yeah, the non farm release, I am a news trader and I am using IBFX. The spreads were so wide that when it whipsawd it completey obliterated my stop loss. Some brokers really have huge spreads.

[mrkam]

UGM is a relative newcomer, but has given me good service as well. But big spreads on news with any broker are just a matter of time. Brokers simply WON'T lose money so you can make it. But, if they are honoring the trades for now, go for it. Just don't be surprised when they start tracking the news spreads a bit tighter....