ECN spread statistics from Forex.ee for May 2017
Dear Clients!
Due to rapidly growing number of brokers in the foreign exchange market, Forex.ee team has started receiving questions about whether Forex.ee is an ECN-broker or a Market Maker? Answering on this question, we would like to state that Forex.ee is a true ECN-broker and has never been a Market Maker, as the ECN technology perfectly fits our business strategy, completely excluding a conflict of interests between Forex.ee and our clients, while making our services transparent and understandable as much as it is possible. That is why we are always glad to cooperate with every trader regardless of a trading strategy, whether it is scalping, hedging or a strategy, based on macroeconomic indicators.
Moreover, since ECN technology makes Forex.ee services so versatile, we can focus on more important things, such as providing the best customer support services and more beneficial trading conditions that should satisfy needs of our customers even more.
To show you that we are working really hard to provide you with the best services on the FX field, we would like to draw your attention to the results of our ongoing work in the form of monthly spread statistics.
Average spreads for May, 2017:
(April’17 spreads are shown in brackets)
| EUR/USD – 0.4 (0.5) | GBP/USD – 1.0 (0.9) |
|---|---|
| USD/JPY – 0.7 (0.7) | USD/CHF – 0.9 (0.9) |
| EUR/GBP – 1.0 (1.0) | EUR/JPY – 1.0 (0.9) |
| EUR/CHF – 1.0 (0.9) | AUD/USD – 0.7 (0.8) |
| USD/CAD – 0.9 (0.9) | NZD/USD – 0.9 (1.0) |
Did you notice that Forex.ee became even more crypto friendly?
- Now you can open an ECN account with the base currency - Bitcoin, which is also the most beneficial payment system in Forex.ee!
- Use Bitcoin to deposit, withdrawal or just to operate within Forex.ee services and forget about conversion fees! Learn more about using Bitcoins in Forex.ee here.
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