Alpari (UK) introduces flexible spreads – minimums on average 25% lower than current fixed levels – Tuesday 18th August 2009 (23:00 GMT)
From market opening 18th August 2009 (23:00 GMT), Alpari (UK) will be tightening minimum spreads across all currency pairs and precious metals on Demo and Live accounts.
Flexible spread minimums will be reduced, on average, by 25% and up to 60% for some currency pairs compared with current fixed spreads. Refer to the table below.
With the introduction of additional price feeds, clients will be able to access significantly tighter spreads as we pass on the benefit of the tighter spreads available to us from the Interbank market.
Flexible spreads will also bring a greater degree of price-transparency to clients’ trades along with institutional-level pricing and lower transactional costs.
The introduction of significantly lower minimum spreads supports our commitment to providing clients with the most accurate Forex pricing, better execution and wider market access. We will also take every opportunity to tighten them further in the future.
During certain times of the day, periods of lower liquidity and when there is increased market volatility, spreads will naturally widen. Fully understanding the dynamics of flexible spreads is key to better-informed and more considered trading and the Alpari Academy will soon feature new tutorials and expert, impartial advice on the topic of spreads.
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