After stupidly purchasing BRQ on their last run, i thought i’d wait until it ran again so i could sell at a small profit. I purchased in September at $1.41, and thought i’d sell at $1.46. As T212 explained their wide spreads were due to low volume, hurray i thought when it surpassed 3 million as surely the spread would be a few cents either side at most.
BRQ at 3 million+ volume went to $1.49 (on WeBull), however T212 spread lead it to $1.60 buy, and a sell price below $1.40.
oh the joys of trading with T212 CFD and their unfavourable spreads (comparison screen from WeBull)…
if anyone has the details of the pricing procedure of T212 CFD please do share as i’m genuinely baffled why T212 would not be embarrassed to offer such a spread.