SpreadCo EURUSD

[Nonameo]

Hi Guys.

I just want a bit of info please. I'm planning on opening a live account with SpreadCo soon as i've been doing very well with a demo account. Before I do so though, I just wanted to ask for some info from someone who has a live SpreadCo account.

If you open the chart or ticker for the EuroDollar, does the price only ever rest on numbers divisible by 5? For example, in the SpreadCo demo account, the EuroDollar price either ends in a 0 or a 5. It never goes up 1 tick to 1.43571 or something, its always either 1.43570 or 1.43575.

Its important for me that this is also the case in the live account. Could a SpreadCo live account holder please confirm this for me?

Cheers
Mike

 

[setanta]

I dont know where you are seeing this, on mine the current spread for EURUSD is 1.36751 - 1.36759, and goes through all the numbers, not just 0s or 5s..

 

[Nonameo]

I dont know where you are seeing this, on mine the current spread for EURUSD is 1.36751 - 1.36759, and goes through all the numbers, not just 0s or 5s..

I have since opened a live account with SpreadCo and the price does move 5 at a time like I thought.

So where the spread is 1.36751 - 1.36759, the midpoint is 1.36755. The last figure on this midprice will always be 0 or 5. A tick on a SpreadCo account is 0.5 pips.

The spread will never be 1.36753 - 1.36761 for example.

Thanks for the reply.
Mike