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How are the average spreads on EUR USD calculated?


Guest Typ2000

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Guest Typ2000

Hi,

Here is stated, IG would have an average spread of 1,04 on EUR USD: 

https://www.ig.com/uk/charges

 

My question is, how are these average spreads calculated?? Cause right now, they always vary between 6 and 9?  How do they get to 1,04?

And this is the next question:  At one time the spread is 6 and five seconds later it jumps to 9. And then after like a few seconds it's 6 again. And always so on. Why is this?

 

Thanks for any answer

 

Typ2000

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