I recently noticed significant spread widening with my current broker during the NFP release. Trying to compare XTB’s true costs using spread analysis tools, but historical data during volatility is hard to find. Does anyone have experience tracking XTB’s spreads around major economic releases compared to say, Pepperstone or IC Markets? What tools did you use to assess the actual trading costs after cashback?
XTB spreads spike but rebound quicker than most.
Analyze spread stability using three key metrics:
- Pre-news spread vs 5-minute post-news average
- Time to return to normal spreads (under 15 seconds is good)
- Slippage frequency on limit orders during releases
For XTB’s EUR/USD, expect 3-5 pip spreads for 45 seconds post-announcement. Pepperstone usually widens less but takes longer to stabilize. Use 6-month charts to see patterns.
I track this using the weekly spread reports here. XTB shows bigger jumps than my other broker but their rebate helps offset it.
Not ideal for scalping news events though. Try comparing their GBP volatility stats.
Their spreads go wide like everyone else. Rebates help a bit.
Ran tests during last FOMC: XTB had 4.2 pip average spread on EUR/USD for 1 minute post-announcement.
With rebates, effective cost was 2.7 pips. Pepperstone was 3.1 pips but lower rebate. Depends whether you need immediate re-entry after news.