Originally Posted by feb2006

I recorded the quotes of Alpari, IB and Oanda during todays FOMC decision. The video is available on my homepage: http://home.arcor.de/cam06/vids/

Oanda widend its GBP-spread to 10 and sticked to this spread for more than 30 minutes whereas IB widened its spread only for some seconds to 10 and immediately came back to about 2, as you can see in attached files.

In the meantime I got an email of IB stating that their frontpage quotes are nearly identical to their trading quotes.

So with IB probably I would have made about 34 pips profit whereas my Oanda StopTrade resulted in 26 pips.

Another advantage of IB is their market depth. Their disatvantage is that you need $ 5.000 for a small and $25.000 for a big account, whereas Oanda allows starting with little money.

Would be interested to read about your broker experiences during news times too.

Kind Regard
Martin