1. This site uses cookies. By continuing to use this site, you are agreeing to our use of cookies. Learn More.

AUDNZD 1 pip fixed is it possible?

Discussion in 'General Forex Talk' started by Laszlo Dobiasz, Aug 18, 2010.

  1. Laszlo Dobiasz

    Laszlo Dobiasz Private, 1st Class

    Joined:
    Aug 17, 2010
    Messages:
    29
    Likes Received:
    0
    There is a broker, who offer 1 pip fixed spread for AUDNZD. Is that possible at all or is it a scam?
     
  2. Pharaoh

    Pharaoh Colonel

    Joined:
    Oct 3, 2007
    Messages:
    19,591
    Likes Received:
    2,176
    Something I noticed about spreads. A UK or European brokerage often has a smaller spread on the EUR/GBP than a US broker. So, I guess an Australian or New Zeeland based brokerage could have a significantly smaller spread on the AUD/NZD than brokers elsewhere.

    Beware of super-small fixed spreads. The broker is not in this game to lose money. If they can't cover the official spreads, they'll likely get you through slippage and requotes.
     

Share This Page