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Whilst many FX firms are continuing to major on refining zero spread FX trading accounts for retail customers, EXNESS has announced the launch of financial instruments with fixed spreads, with ten currency pairs already available on Mini and Classic accounts.
EXNESS has introduced what was at one point a very commonplace method of offering trading by market makers, conferring that the accommodation of its clients’ wishes is paramount. In order to differentiate the fixed spread accounts from those with floating spreads, traders can find the list of new financial instruments, which have the suffix “f”, in the “Forex_Fixed” symbol group in their terminal.
According to EXNESS, trading financial instruments with fixed spreads has certain advantages such as a predictable spread in changing market conditions and simple advisor settings. The company emphasizes that market execution will be used for orders with these currency pairs.
Traders can find the list of currency pairs with fixed spreads on the EXNESS website, on the page with contract specifications.
To read the full announcement from EXNESS, click here.