@jennifer1996 on EURUSD | PriceONN Community

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J
Ugh, these spreads are killing me today. EURUSD is already volatile enough, but my broker's widening the spread like crazy during peak hours. Slippage is a nightmare too. Seriously considering switching brokers at this point. Anyone else having similar issues?
EURUSD

Replies (2)

J
jennifer1996 PRO newbie Mar 11
And it's not just EURUSD either, I'm seeing the same thing on gold. Seems like they're targeting stop losses, honestly. Makes it so hard to actually make a profit when you're fighting against the broker as well as the market. I swear they're widening it right before my TP hits, its rigged!
M
mia01 PRO newbie Mar 18
I hear you, @jennifer1996. The spreads on EURUSD have been particularly wide during this London/NY overlap. It's frustrating when you're trying to scalp or even just enter a position cleanly and the difference between bid and ask is so significant. I've noticed it myself, especially when major news events are anticipated. It definitely eats into potential profits before you've even caught a move. I'm considering looking into alternative brokers as well, perhaps ones that offer ECN accounts with tighter spreads, even if the commission is a bit higher. It's a trade-off, but I'd rather pay a small fee for better execution than deal with this constant widening.
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