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FX4 - a new system of quoting spreads Admiral Markets

admiral markets

Presenting your attention the new system of spreads on currency pairs, which as of today we introduce to all real and demo accounts of Admiral Markets.

FX4 = Floating Spreads (floating spreads) + FiXed Maximums (fixed maxima) + 4-digit Quotes (quoting up to 4 decimal places)

Floating Spreads - a floating interbank spreads from 1 pip! In fact, the company reduces the spreads on all currency pairs Forex by 30-50%.

Fixed Maximums - maximum spread in the daytime remains fixed (at the same levels as before the introduction of the FX4) and will not exceed the established maximums. For example, a floating spread on the currency pair USDJPY will never exceed a maximum of 2 points.

4-digit Quotes - remains the most comfortable to read and easy-to-market analysis method for Quotation currency pairs for up to 4 decimal places (eg: 1.3701).

The following table you can see some examples of the new system of quotation:

Currency pair Min. Spread day Max. Spread day Levels Limit / Stop Day Spread the night Levels Limit / Stop at night
EURUSD 1 2 5 1-2 5
GBPUSD 2 3 5 2-3 5
USDJPY 1 2 5 1-2 5
USDCAD 3 4 6 3-4 6
USDCHF 2 3 5 2-3 5
AUDUSD 2 3 5 5 5
NZDUSD 3 5 7 7 7

Spreads on the most liquid pairs (EURUSD, USDJPY) will always be equal to one or two points (1-2). Less liquid pairs (eg, NZDUSD) at night may be quoted with advanced fixed spread, but in the daytime spreads on these pairs will be formed in the system FX4.

Read more at ADMIRAL MARKETS

27 April 2010
RISK WARNING
Conducting trading operations in financial markets with margin financial instruments has a high level of risk and can lead to losses and loss of investment funds. When starting trading, make sure that you are fully aware of all the risks, as well as have the appropriate knowledge and experience for trading.




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