NEW YORK, April 23 /Xinhua-PRNewswire/ --
FXDD, a global leader in online foreign currency exchange, today announced it is tightening spreads on many of its 20 currency pairs. FXDD will continue to offer 2-4 pips wide on the four major currency pairs (highlighted below).
EUR/USD 2 pips CHF/JPY 4 pips
USD/JPY 3 pips AUD/CAD 7 pips
USD/CHF 3 pips EUR/JPY 4 pips
GBP/USD 4 pips AUD/JPY 6 pips
EUR/GBP 3 pips CAD/JPY 7 pips
EUR/CHF 4 pips AUD/NZD 8 pips
AUD/USD 4 pips EUR/AUD 8 pips
NZD/USD 5 pips GBP/CHF 9 pips
USD/CAD 5 pips EUR/CAD 10 pips
GBP/JPY 8 pips USD/MXN 40 pips
"In order to stay competitive in the retail market," commented Tom O’Reilly, SVP of sales, "we have tightened our spreads even further. By combining aggressive pricing with superior technology and customer service, we are confident that we are giving our clients the tools they demand and deserve."
About FXDD
FXDD, headquartered in New York City, is a leader of on-line foreign exchange. The Company provides retail (MetaTrader and FXDDTrader), institutional (PowerTrader) and automated trading platforms (FXDDAuto); 100:1 leverage for regular accounts and 200:1 leverage for mini accounts; tight spreads on its retail platforms (2-3 wide on most majors); and commission-free forex trading. For a free demo, please visit http://www.fxdd.com , or call toll-free in the U.S. at 1.866.FOR.FXDD or +1.212.791.3950.