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BTC spreads

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

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@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. 😉

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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.

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@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. 

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