Spread gaps of MT4 providers at year-end and New Year
During the year-end and New Year market lull, since you won’t actually be trading,
it may not matter, but there is surely a desire to see how wide the spread opens.
So, a comparison of spreads among FX companies in Japan that use MT4https://fx-on.com/spread/
has been made with the dollar-yen measurement history.
First, looking at the spread movement from December 27 (Tuesday) onward to year-end, the spreads are
slightly higher than the usual spreads, but as market participants further thin out, the spread around the end of the New York session into Japanese time
around 7:00 a.m. tends to widen as year-end approaches, with December 30 (Friday) around 7:00 a.m. showing
FOREX.com 6.7 pips, Arena FX 5.7 pips, Rakuten Securities 4.9 pips, Gaikyo FineSt 4.9 pips
OANDA Japan 4.4 pips, Avatrade 3.7 pips, FX Trade Financial 2.0 pips, and
excluding FX Trade Financial, all are wider than the same time on the previous day.
On December 31 (Saturday) at 7:00 a.m., the spread actually narrowed somewhat.

As for the situation after the new year, as of January 2, trading has not yet begun for Rakuten Securities and Gaikyo FineSt.
Due to even fewer market participants than year-end, the spread at Gaikyo FineSt can approach 40.0 pips at its widest
and Rakuten Securities might even touch 15.0 pips at times.
Moreover, spreads remain wide, and in a trading environment where you are concerned about spreads, entering the market is difficult.
