The spreads on major currency pairs, such as the EUR/USD and GBP/USD, are quite reasonable, generally around 1.5 to 2 pips. While not the lowest, they're still acceptable. Especially during periods of market stability, the spreads are quite stable, with no sudden fluctuations. However, one time, when I was placing a trade in the early hours of the morning, the spread suddenly jumped to 3 pips. By the time I realized it, the trade had already been filled, resulting in a bit of extra cost.
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The spreads on major currency pairs, such as the EUR/USD and GBP/USD, are quite reasonable, generally around 1.5 to 2 pips. While not the lowest, they're still acceptable. Especially during periods of market stability, the spreads are quite stable, with no sudden fluctuations. However, one time, when I was placing a trade in the early hours of the morning, the spread suddenly jumped to 3 pips. By the time I realized it, the trade had already been filled, resulting in a bit of extra cost.
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