December 27 (Tuesday): Nikkei 225 (free viewing item: not included in the displayed spread)
Good morning ☀
Today I’ll talk about broker-provided spreads.
Many of you may have compared brokers by the "spreads" of the currency pairs you trade.
I have written about choosing a broker before, so if you're interested please take a look here as well?
https://www.gogojungle.co.jp/finance/navi/articles/46257
Currently, domestic accounts are showing extremely narrow spreads for USD/JPY across the board.
Approximately 0.1 to 0.2 pips.
HoweverWatch out for year-end and New Year⚠?
Below is FXTF’s notice.
Quotation:https://www.fxtrade.co.jp/2022-12-21/
Other companies are likely announcing similarly, so please be sure to check carefully.
Even if spreads become 100 pips during a flash crash, it’s still your responsibility, after all, right?
Trading is not only about the risk of price going against you.
You must also properly manage account risk for successful trading.
Diversifying instruments is well known to everyone, but please consider diversifying your accounts as well!
(※Below, market assessment is limited to members only.)