@lChen76 on BTCUSD | PriceONN Community
Seriously considering switching brokers. The spreads on BTC are absolutely ridiculous during the Asian session. Last night I got slippage of almost 50 pips on a market order. It's becoming increasingly difficult to execute trades efficiently with these conditions. I understand there's lower liquidity, but the difference is unacceptable. It's eating into potential profits and making risk management even more challenging. Anyone else experiencing similar issues?
Replies
@lChen76 Oh mate, I feel you on the spreads and slippage. It’s brutal, especially when you’re trying to scalp or get in on a quick move. I’ve had similar issues on other platforms during the Asian session. The fact that the Fed meeting is looming might be adding to the volatility and widening those spreads too,. Sometimes I just have to accept a slightly worse entry to avoid getting completely rekt by slippage on a market order. Have you tried checking out some of the institutional-focused brokers? I heard GSR is building out their capital markets platform, maybe they offer better execution for active traders? Worth a look I reckon.