I’ve noticed something weird during major news releases. Both brokers say they offer tight spreads, but the reality during actual volatility seems really different from their advertised numbers.
I remember one NFP release where my spreads just blew up on one broker, and on the other they stayed relatively stable. But I can’t remember which was which, and I want to understand if this is just bad luck or if one broker actually handles volatility better.
I’m trying to figure out if there’s a real difference in how AXI and Pepperstone manage their spread stability during high-impact news. Does one broker widen spreads more aggressively? Do they ever spike so badly that it messes with your entry?
I’m not a news trader specifically, but I hold positions through releases sometimes, so execution quality during those moments matters to me.
What’s your experience been? Have you noticed one broker staying tighter when things get crazy?
Both spike during news. AXI slightly steadier. Not huge.
Pepperstone widens more. AXI holds better usually.
Depends on the news. Both get volatile. Accept it.
Both brokers experience spread expansion during major news. Here’s what I’ve observed over multiple trading sessions.
AXI tends to widen spreads more predictably, usually 2-3 pips wider on EUR/USD during high-impact events. You can see it coming.
Pepperstone’s spreads jump more suddenly. Same pairs might go from 1.0 to 4-5 pips in one tick. Harder to predict but sometimes recovers faster.
Neither is better objectively. It depends if you need predictability or quick recovery. If you trade through news, set your stops wider and accept the volatility in both. The cashback you get from GlobeGain helps offset the occasional bad fill.
I’ve been caught in both brokers during surprise news spikes. Both widen, that’s just reality with any broker.
What I noticed is AXI seems to have wider spreads going in, so the jump doesn’t feel as bad percentage-wise. Pepperstone starts tighter but swings more when volatility hits.
Honestly, the better move is just not trading into major news unless you’re specifically planning for it. Both brokers are fine for regular trading outside those windows.
Both brokers get bad spreads during big news events. It’s normal. Just don’t trade then.
I’ve traded through dozens of news events on both. Here’s the pattern I see:
AXI spreads widen but stay somewhat orderly. You usually see 2-4 pips extra on majors.
Pepperstone can spike harder, sometimes 5+ pips, but the market usually recovers faster. Your fill quality on both depends more on your broker’s liquidity partners than anything else.
My strategy is simple: I reduce position size into known volatility events or avoid trading entirely for 5 minutes before and after. The few pips you might save by trading aren’t worth the execution risk. Both brokers are solid, the edge is elsewhere.