forex com spreads and their impact

Been trading with Forex.com for a few months now and starting to notice how their spreads really eat into profits on scalping setups.

Anyone else finding their EUR/USD spreads wider than advertised during London open? Wondering if it’s worth switching or if this is just normal market behavior.

London open always gets messy with spreads. Try trading 30 minutes after the spike settles.

Same issue with Forex.com in 2019. Their spreads got crazy wide during news - killed my 5-minute scalps.

Switched to IC Markets for short trades. Much better spread consistency when things get volatile. Still use Forex.com for swing trades though - their platform’s actually pretty good for longer positions.

Before I switched, I’d skip the first 15 minutes after London open. Spreads usually calm down once the initial chaos dies. But if you’re mainly scalping, you really need a broker that won’t screw you during those sessions.

Track your actual spreads for two weeks across different sessions. Every broker’s spreads widen during London open, but some get brutal. If you’re consistently seeing 1.5+ pips when they advertise 0.8, you’re bleeding money on every scalp. Do the math - those extra 0.7 pips per trade add up fast over a month. Most scalpers realize they need to either switch brokers or avoid those time slots. Don’t just accept it as part of the game.

Widened spreads during high volatility is a common issue across retail brokers. When scalping, consider their commission-based account instead of relying solely on spread rates. Fixed commissions per lot can save you money compared to the wider spreads. I switched away for short trades, but they work well for longer positions.

Switch brokers if you scalp daily. Spreads kill profits fast.

Forex.com’s EUR/USD spreads hit 1.2-1.5 pips during London open, not the 0.8-1.0 they advertise. Pretty standard for retail brokers when volatility spikes. If you’re scalping, that extra 0.5 pips per round trip kills you. Track your actual spreads for a week during your trading hours. Seeing 1.5+ pips when they claim under 1.0? That’s your real cost. ECN accounts might be worth it if you’ve got the volume for commissions.