It’s sneaky and it’s mean. But that’s what your broker does when they widen their spreads without notice when markets get volatile. We think trading is risky enough without your broker working against you. That’s why we’re on a mission to show up these guys and give you an alternative.
Our approach at Core Spreads is simple. We don't change our spreads just because markets get volatile. That means you get the certainty you need and deserve as a trader!
Fixed spreads give you the certainty that your trading costs won’t suddenly increase just because markets get volatile.
While there are different spreads at different times of the day, with our fixed spreads you can always know what these are in advance.
There are no nasty surprises when you’re looking to trade – even when markets are swinging about wildly.
You can have certainty over the spread, so certainty over your dealing costs. Which broker can promise you that?
Not only are our spreads fixed, but they’re already highly competitive. You can trade the UK 100 on a spread of 0.4 from 07:00 to 21:00 GMT* while our spread on the euro/US dollar (EURUSD) currency pair is fixed at 0.6 of a point for 23 hours of the day.
Check out the full list of our spreads here.
The costs of variable spreads in volatile market conditions can certainly mount up if you’re trading regularly. And who wants the uncertainty of never being sure what sized spread you’ll be offered when it comes to open or close your trade?
All very well advertising a spread from 1.6 on the Dow but if the real spread is 15 points wide, your potential profits are going to be hit, and hit hard. Are you really prepared to pay so much more to trade the same market, just because it is volatile?
And your risk management is also made so much more difficult, where are you going to place your take profit and stop loss targets if you have no idea what your broker’s spread is going to be when the order triggers?
The markets are hard enough at the moment, why add to the challenge by trading with a broker who is going to change the rules mid-way through?
Core Spreads won’t widen their spreads when the going gets tough, our charges are always fixed giving you certainty in an uncertain times.
This may not look like a big difference, but the costs of variable spreads certainly mount up if you’re trading regularly. And who wants the uncertainty of never being sure what sized spread you’ll be offered at any time?
So if you're seeing your broker change spreads without telling you then why not try us out at Core Spreads. Our spread stays fixed regardless of how volatile the market gets!
Create an account and put us to the test!
*The US entered Daylight Saving Time (DST) on Sunday 8th March. The UK and Europe don't change hours until Sunday 29th March. See Market Changes here.