also, how to enter referal program?
The spreads are not that tight at all actually. And what people fail to understand is that most retail FX traders lose money. That's how retail brokers make their money.
that's how market makers work, yes (have a look at ECN and STP). Actualy I wanted to hear this form them. the spreads are tight for a market maker
No offense, but I'm thinking you're confused on how the FX market works. If you did you would already know the answer to these obviously noob questions.
ok, the question wasn't adressed to you anyways.
with your permission, master, I still want to hear their response.
thanks
I'm thinking you're going to get a simular response. You are under the impression that these are tight spreads, which they aren't, they are rather large, and has nothing to do with MM's at all.
That's how they make their money. The majority of retail FX dealers don't charge "commission's" rather spreads between bid asks.
during new york session EURUSD spread was around 1 pip, though it's 3 now (wtf?)
I have to observe this more
Market liquidity will affect pip spreads. Most liquidity will be London & NY overlap. Least between NY and Asian sessions. Their liquidity provider sets the spread, then they add their spread on top of it.