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They forgot to add, "and when we have a big overhead of staff on hand with not many traders trading yet! Then, we increase spreads to cover our facility costs better."
A 20 pips spread each half turn, plus a shade tree, plus lousy execution at the moment means that U R paying 30 to 40 pips each half turn just to do a trade with them during this time! That means U R paying a 600 dollar fee to trade a thousand bucks (at 100:1 lever & 100k lot size). They might as well keep their doors closed till Monday!
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