Floating

FXORO offers a variable spread account which is usually more suitable for traders with many trades a day as variable spread accounts is the most of the time cheaper to trade then fixed spread. A variable spread is a spread that is not constant in value. Spreads will vary dependant on market conditions, with spreads typically being wider during important news releases and periods of high volatility while being much lower when the markets are tranquil and no special announcements are expected.

ADVANTAGES

  • Low spreads: FXORO enables clients to trade on tight bid/offer spreads that will, at times, be as low as 0.3 pips but then sometimes as high as five pips, depending on the instrument being traded and the level of market volatility.
  • Execution: 100% precision of enter and exit price because variable spread accounts provide guarantee of pure market orders without re-quotes.