Spike Controller
October 2, 2018 11:05 amVideo
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It’s time for the Dukascopy spike controller the place where you can check the fairness of your broker.
Euro-Dollar has a daily average spread of point 28pips and a maximum spread of 1.3 pips. the pair has fallen by 1% or 1.20 pips. But the most you should have been charged is 1.3 pips.
The cable has a daily average of point 77 pips and a maximum separation of 3.7 pips. The pair has fallen 1.26% or 165 pips. Check your broker’s price feed because you shouldn’t have been charged more than 3,7 pips.
And last up is the Dollar-Yen pair which has a daily average of point 3 pips and maximum spread 1.2 pips. The pair has fallen by point 4% or 46 pips but watch those dodgy brokers 1.2 pips was the maximum separation.
That’s all for today’s spike controller check in again tomorrow.
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