Retail FX and CFD brokerage ThinkForex has today announced that it is reducing spreads on certain commodities, notably Gold, Silver, Light Sweet Crude (WTI) and Brent Crude Oil (BRENT).
The new WTI and Brent spreads will be available across all accounts, while the variable reduced Gold and Silver spreads are accessible for Pro and VIP accounts. Standard account holders will still receive the strong Gold (20 cent) and Silver (3 cent) fixed spreads, but can upgrade to a Pro or VIP account to receive these new, tighter spreads, as detailed here:
Stefan Lucas, Group Head of Marketing, said:
Releasing our tightest-ever spreads on Gold, Silver and Oils are only a few measures we’re taking of many in order to offer the online financial trading community a stronger and more transparent offering. We take the needs of our clients very seriously, and will be releasing a number of disruptive technologies and exciting innovations over the coming months and years. This will not only be beneficial for our clients, but also for the online financial trading community overall.”