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Darwinex broker profile information

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Jody Wetton

Subscriber, bbp_participant, customer, community, 1 replies.

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1 month ago #290343

Hi SQ,

 

I’m looking at the spread info for FX pairs that has been pre-applied to the Darwinex broker profile. The spreads seem unusually large. For instance, EUR/AUD is 6.0 pips, EUR/CAD is 6.8 pips and AUD/JPY is 3.0 pips. The largest is EUR/NZD at 9.8 pips!

 

Can I confirm these are what is expected? I’ve got a Darwinex live account and my actual spreads are much lower – in the “normal” zone. Although I do understand spreads vary throughout the day and different types of account are available.

 

The spreads shown on the broker profile are so high, I wonder if they are points rather than pips? Or could they have been supplied/quoted at market open?

 

Thanks!

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tomas262

Administrator, sq-ultimate, 2 replies.

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1 month ago #290371

I will check with our dev team about this. I will let you know

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tomas262

Administrator, sq-ultimate, 2 replies.

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4 weeks ago #290644

Yes, I can see the spreads being high compared to the MT5 quotes. I made a note to our dev team to adjust with the latest data from the broker

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tomas262

Administrator, sq-ultimate, 2 replies.

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3 days ago #291206

As for the spreads issue, we intentionally made the spreads a little bigger, but if someone needs it, they can adjust it to their liking. It’s better than making it smaller and not having realistic results

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