The spread markup is in % & doesn’t vary wildly.
It’s just more noticeable with small caps as they have quite a large base spread as a % of their price compared to other companies.
Example: Microsoft, a $220+ stock usually has a 1-3 cents spread. BRQS, a $1.2 stock’s spread also swings between 1-3 cents.
We’re working on reducing the spread for all CFD instruments but hedging exposure for these small caps is quite difficult & costly.
It’s not a coincidence that no other CFD broker has Borqs Technologies.