Forex trading news: spreads are getting lower

Starting February 1, 2010 the LiteForex forex broker announces that spreads on majors are decreased.

Starting February 1, 2010 the LiteForex group of companies' changes forex trading conditions lowering spreads on major currency pairs and major cross pairs.

'Now the difference between Ask and Bid for the most popular forex trading instruments among our clients is 1 pip lower that it used to be,' : Aleksey Smirnov, the president of the LiteForex group of companies comments. : 'For example, the spread on EURUSD pair becomes 2 pips, and on USDJPY and GBPUSD : 2 and 3 pips respectively. We hope that the following changes will be a pleasant addition to the well-known list of advantages of forex trading with LiteForex forex broker'.

'The LiteForex group of companies offers to its clients a lowered fixed spread starting from 2 pips during February 2010 as a special promotion aiming to improve personal forex trading results of forex traders working with the group of companies,' : Aleksey Smirnov continues.

According to the LiteForex quoting regulations the company reserves the right to change spreads in line with the current forex market conditions depending on volatility of the given financial instrument and on the amount of an interest rate as soon as such changes are required.

Please visit our company page for more specific information upon the current forex trading spreads: open section 'Trading instruments' of the LiteForex web site.