I find it very annoying that trading 212 cannot fix the spread and have a ātarget spreadā for instruments. I feel this catches out many people.
It will give more transparency to us as traders and I donāt have to redo all my calculations every time. One of the biggest reasons I do all my commodity trading on Plus 500 is because they fix their spreads.
Please sort this out as I donāt see any justifiable reason to have a ātarget spreadā.
How can they āfixā the spread though they donāt control that the MMs do?
The best ask and best bid are provided, the spread is the difference, T212 widen it on CFD to take some profit.
Are Plus 500 taking the hit when the spread widens to say 0.5 and they have a fixed say 0.3, are the losing that 0.2? So like its the best ask - 0.3 is the bid?