Jump to content
Sign in to follow this  

BTC spreads

Recommended Posts

Spreads use to be 20 points at these levels on BTC. Please review.

Share this post


Link to post

@mjr6,

Yes they did, those were the days!

It is all about demand, supply, liquidity and risk management for IG. They need to manage their risk on 'Cryptos' as an extremely high risk asset class with lots of volatility which many just simply cannot stomach. 

It is the spread where IG profit so their review will be interesting. 😉

Share this post


Link to post

Hi @mjr6,  as was noted on another thread yesterday the spread on bitcoin was recently changed from 50 points to 40. I did a google search on UK broker spreads for bitcoin and found the industry were pretty much sticking together though a few were much higher.

Share this post


Link to post

@Caseynotes,

It seems around 50 points is the lowest (average standard). 

I think Intertrader has 100 points and SpreadEx around 80 points. 

@mjr6

I think a few have 40 points and that really is the best you are going to see at this moment in time within the industry. No chance of revisiting 20 points again for now. 

Share this post


Link to post

Join the conversation

You can post now and register later. If you have an account, sign in now to post with your account.
Note: Your post will require moderator approval before it will be visible.

Guest
You are posting as a guest. If you have an account, please sign in.
Reply to this topic...

×   Pasted as rich text.   Paste as plain text instead

  Only 75 emoji are allowed.

×   Your link has been automatically embedded.   Display as a link instead

×   Your previous content has been restored.   Clear editor

×   You cannot paste images directly. Upload or insert images from URL.

Sign in to follow this  

  • IG ISA Season

  • Member Statistics

    • Total Topics
      6,387
    • Total Posts
      28,389
    • Total Members
      37,262
    Newest Member
    Tureac
    Joined 20/03/19 17:50
  • Our picks

    • APAC brief 20 Mar
      Another trade-war headline downs sentiment: There’s some news floating through the wires that sentiment has taken a hit overnight courtesy of some unfavourable trade-war headlines. It’s been reported that Chinese officials aren’t co-operating with their US counterparts, as it applies to certain sensitive elements of trade-negotiations. The S&P500, which had been developing some intraday momentum prior to the release, has retraced throughout trade, consequent to the news. It’s closed flat for the day, but despite this fall, moves in rates and bond markets suggest the fundamentals currently remain the same. The all-important balance between financial conditions and growth expectations is still there, ultimately supporting the bullishly inclined, as markets now prepare for tomorrow morning’s meeting of the US Federal Reserve.


      The unresolvable issues: It’s perhaps an assumption alone, but the (very vague) report leaked to the market about trade negotiations surely pertains to one of the well-understood, seemingly intractable issues embroiling the US and China. Those, at its core, unrelated to economics, but to strategic, and somewhat philosophical differences. These are intellectual property theft, currency manipulation, and Chinese military posturing in the Asian region – especially the South China Sea. These differences are relevant because they boil down to brutal power-politics, and an essential clash of ideologies. This isn’t to suggest a trade-deal, and future bilateral cooperation can’t exist between both parties; but that whatever deal is struck, it’s unlikely to put an end to geopolitical tensions.
      • 0 replies
×
×