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Žorik Vazir 16 December 2020 at 18:24Rate your response 000
Fixed spreads are an option where their value is closer to static. Although the broker points out that with strong volatility there can be changes, of course. With floating spreads, it’s the opposite – they change value every second.
But the answer to your question about overpayment is somewhat ambiguous. Fix spreads, of course, are larger, floating spreads at liquid times. That is, for example, if you trade Euro/Dollar in the European session, the floating spreads will definitely be narrower. But the same instrument in the middle of the American session, or in general in the Asian session (that is, at night), can give very large spreads if you choose a floating type. The fixed spreads, as they were, will remain the same. In numbers, fixes are around 2.5 pips, while floating spreads are 1.2 pips during liquid time. It is different when it is not liquid. There were floating ones of 120 pips.
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More honest opinions from real people about the company Esplanade
- tigranyan 1 year ago4.5Rate your review 000
Good, reputable company
The broker is a solid four-plus. There are variants for both manual traders and for fans of trading robots. The broker has a few instruments and the withdrawal speed is a little bit long. I don't have enough tools and the output speed is a little bit long. Maybe I was just unlucky. - Nikita 1 year ago4.3Rate your review 1+10
Not so bad
I understand that the broker has been in business for quite some time. That means that they have a solid history. The terms and conditions are not bad either, as far as I can tell. I can't say that I've been trading with them for a long time. But if it wasn't for the advice of my friends, I never would... Read more - Mihail Pokrovskiy 1 year ago4.8Rate your review 000
A little about the broker
In short, the broker is not bad at all. It helped me grow a little bit in trading and I even started to make good money with it. All in all, I can recommend him if you're looking for the right company.
What is the difference between fixed and...
What is the difference between fixed and floating spreads? How much do you overpay for floating spreads?