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Bid Offer Spreads?

SammyG

By SammyG,
in New Client Trading Questions

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SammyG

SammyG

Posted
Posted

Bit of a newb here, all help much appreciated. I was trading ASX 200 spread bet yesterday and the difference between the bid and offer price was 3 points. Today it's 6 points. Trading at the same time both days. What determines the bid offer spread that IG sets? Clearly this is just a cost of trading, but at 6 points it definitely makes the marginal trades less attractive...

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