Trade only during the highest volume trading hours. For example, when more buyers and sellers are in the market that is when it is the most favorable time to trade. Competition for this business increases as the number of buyers and sellers for a given currency pair increases and Market- Makers are often able to narrow their spreads to capture it.
Avoid buying or selling thinly traded currencies. When you trade popular currencies, such as the GBP/USD pair, Market-Makers compete for your business. If you trade a thinly traded currency pair, there may be only a few market makers to accept the trade,and reflecting the lessened competition, they will maintain a wider spread.
How "Spreads Cost" is calculated using this formula:
(Spread) x (Pip Cost) x (Number of Lots Traded) = Spread Cost
Card processing service is provided by One Global Market Limited, a company registered in England and Wales under registered number: 10396402 with registered address at 34 Westway, Caterham On The Hill, Surrey, England, CR3 5TP and contact number +44.203.034.6401, Regulated and Authorized by the Financial Conduct Authority (FCA) under firm reference number [FRN]: 769481. Its Principle Address is: Office LG104, 23 Austin Friars, London, EC2N 2QP, United Kingdom
Risk Warning: Trading Foreign Exchange and Contracts for Difference (CFDs) is highly speculative and may not be suitable for all investors. The company offers trading on margin. The leverage created by trading on margin can work
against you as well as for you, and losses can exceed your entire investment. Only invest with money you can afford to lose and ensure that you fully understand the risks involved. Seek independent advice if necessary and review our Risk Disclosure and Privacy Disclosure before opening an account.
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