tek,

That is really terrible. I'm not very happy with IBFX's spread on their exotics either, they seem to fluctuate very often and very wide as well.

Anyways, I think you have a valid complaint. But that is the bucketshop nature, so either you move to futures (high margin requirements, but centralized market) or some other shop (with no guarantee it will be better).

Or you do what I do, I stay with the vanilla. I normally only trade the 4 major currency pairs with tighter spreads and higher liquidity. Although I will venture into EURGBP, and EURJPY to get some quick action, but even the EURJPY, I've seen higher spreads than other brokers. Basically, I just trade anything with 6 pips or less spread. I'm trying to make a few pips, there is no point giving the broker like 7+ pips, that's too big of an advantage unless I'm looking to hold long term.

Good luck.

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