EUR/USD backtest spread on IG platform
Is 0.6pips a reasonable spread on EUR/USD Mini on the IG account ? (backtest on 15min over 4 yrs)
What about USD/JPY ?
On the IG page you will find different forex spreads
minimum, medium and high spreads
see screen
Backtest spread
Thanks fifi743
However. I am not too interested in what IG say. I want to know what regular users say. I have used IG figure of 0.6. What is the opinion of this for EUR/USD .... High? or Low?
If all is right, IG designates the differences of things like varying spread to time periods. For example, from 02:00 to 15:30 for medium, 15:30 to 22:00 for high and 22:00 to 02:00 for low (low would be the 1,04 from fifi). What the time periods are should be mentioned on the same page.
Whether your proposed 0,6 is correct, depends on the trading times. Is that not under your control ? then it is obviously always a too low number. But do you trade always in the “0,6 period” then it would be correct (for EUR/USD).
Thanks Peter
I should be mostly OK