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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

    Aug 17, 2010
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    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

    Oct 3, 2007
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    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.

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