IG FX Binaries

This is a discussion on IG FX Binaries within the Fixed Odds & Binary Betting forums, part of the Trading Brokers category; Anyone else noticed they doubled the spread on these recently. Was 2 to 4 pts spread, now 4 - 8 ...

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Old Apr 14, 2009, 12:11pm   #1
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Anyone else noticed they doubled the spread on these recently.

Was 2 to 4 pts spread, now 4 - 8 pts.

Also intraday extreme end price spreads were 0-2 and 98-10. Now they stop at 0-4 and 96-100.

These are the largest spreads of the all the markets they quote, the spreads of Crude oil Binaries are even less than FX binaries now.

What a joke, IG make £10 million+ a year profits on binaries and they still want even more...
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Old Apr 20, 2009, 10:50am   #2
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I've traded on IG for a year or so, but not currently. The daily Euro-convention binaries have been 4-wide during the time I've traded. You're stating that there are 8-wide markets on the major-FX binaries?
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Old Apr 20, 2009, 10:54am   #3
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Wow, I should have logged into IG before posting. 55x62 for the EURUSD atm daily ladder.
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Old Apr 20, 2009, 3:18pm   #4
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I also use Ig for futures and have used them for years. I am happy with them so far, but don't scalp with them and don't do forex with them.
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Old Apr 21, 2009, 6:54am   #5
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Quote:
Originally Posted by donaldduke View Post
Anyone else noticed they doubled the spread on these recently.

Was 2 to 4 pts spread, now 4 - 8 pts.

Also intraday extreme end price spreads were 0-2 and 98-10. Now they stop at 0-4 and 96-100.

These are the largest spreads of the all the markets they quote, the spreads of Crude oil Binaries are even less than FX binaries now.

What a joke, IG make £10 million+ a year profits on binaries and they still want even more...
Are you still trading binaries?I thought you're not trading them anymorey...how are you doing?
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Old Apr 21, 2009, 7:17am   #6
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donaldduke started this thread I still look at them and place the odd bet. But with wide spreads like that i wont be placing many FX binary bets.
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