FBS.com Official
FBS Representative
- Messages
- 33
To Pharaoh:
Spreads were widened afterwards because they are fixed in Micro account. Fixed spreads are made for traders who constantly use them in trading, not only on news.
Unfortunately, Aimanfx uses fixed spreads only when in real market spreads are ten times more in real market. In our opinion, it is unfair to widen fixed spreads of MICRO account on news to all of our clients only because of those clients who trade the news. That is why, according to customer agreement FBS reviewed orders of 78700 trading account in compliance with real market situation.
It is important for FBS to maintain the high level of trading conditions, and we don’t want to make them worse just because of several traders.
Traders who trade on news with fixed spreads should understand that it is impossible to override the transaction in the real market (in the Currenex system, for example). Spread in the real market on news releases increases highly. Trader who uses fixed spreads gets profit; company releases losses when setting it in Currenex.
We negotiated with all the news traders on fixed spreads. Many of them had nothing against FBS not letting to trade news with fixed spreads. We found common language with them.
But there are traders who after getting some profit on news with fixed spreads want to get superprofit using influence through forums. We are happy to have the chance to discuss the problem with trading news with fixed spreads on public forums. And we announce honestly than news trading is open on STANDARD and UNLIMITED accounts. But it is not allowed on MICRO account.
In the future especially for those traders who trade news on micro accounts there will be floating spreads. Meanwhile, orders by news traders will be recalculated at market spreads according to customer agreement.
Spreads were widened afterwards because they are fixed in Micro account. Fixed spreads are made for traders who constantly use them in trading, not only on news.
Unfortunately, Aimanfx uses fixed spreads only when in real market spreads are ten times more in real market. In our opinion, it is unfair to widen fixed spreads of MICRO account on news to all of our clients only because of those clients who trade the news. That is why, according to customer agreement FBS reviewed orders of 78700 trading account in compliance with real market situation.
It is important for FBS to maintain the high level of trading conditions, and we don’t want to make them worse just because of several traders.
Traders who trade on news with fixed spreads should understand that it is impossible to override the transaction in the real market (in the Currenex system, for example). Spread in the real market on news releases increases highly. Trader who uses fixed spreads gets profit; company releases losses when setting it in Currenex.
We negotiated with all the news traders on fixed spreads. Many of them had nothing against FBS not letting to trade news with fixed spreads. We found common language with them.
But there are traders who after getting some profit on news with fixed spreads want to get superprofit using influence through forums. We are happy to have the chance to discuss the problem with trading news with fixed spreads on public forums. And we announce honestly than news trading is open on STANDARD and UNLIMITED accounts. But it is not allowed on MICRO account.
In the future especially for those traders who trade news on micro accounts there will be floating spreads. Meanwhile, orders by news traders will be recalculated at market spreads according to customer agreement.
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