Large fx spreads

What’s going on with the large spreads??
Gbpusd is now around 4 pips, it use to be around 1.5 pips!
This is about 3-4 times larger than other brokers!

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Had put £150 into cfd account this morning to play with fx but transferred to invest account after seeing spreads on quite a few things a touch too high

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This has too be mentioned as the spreads and intrest went up on a lot of things and we just pay and pay and pay but hardly make any money

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Yeah it’s not worth doing at moment to be honest. Would love to jump on a certain stock today but wondering would the spread go haywire or will it be worth it

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CFD on Trading212 is becoming way to expensive

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Yeah I lost a lot of money via it but, there’s always a new day to reap it back :slight_smile:

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Yeah you gotta factor it all in. @Tony.V @David @Team212 is there any sign of things reverting back yet?

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I’ve got £35k with Trading212

I was thinking moving my £100k here but the interest and spread is just not worth it if this continues…

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@UVIRE Do you not get tired of complaining about the same thing every other day? What happened to you saying that you were closing your positions?

At first I was complaining about interest but now I find out that the spread as well goes up and there’s no way to find out how much and it’s not only me who’s not happy with CFD some people prefer to keep it quite. Simply because I want to know what’s the future for CFD on this platform? At least if I get some sort of reassurance that things are going to get better then sure I won’t even complain anymore. I know we got to pay for interest but recently I switched to Forex and even that cost me more each day, you got to understand people’s flustration. I do believe that Trading212 is a great platform after all and I see potential but it would have been nice to hear an update on when things would slwoly start going back to normal.

What’s wrong with the spreads on fx. They said few weeks ago that they went up because of volatility. Well all other brokers are low on the spreads why 212 still charging an arm and a leg. And when you ask them 3 days later wouldn’t reply back.

T212 set the spread wider as it is their main source of income, not ideal but you just need to take that into account when trading.

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With that kind of spreads it’s not worth trading forex. 212 it’s to expensive and I don’t care what they say right now there’s not to much volatility right now so why don’t they go back to lower spreads.

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