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Darren Ross
1-2 years

Does EGM Securities offer fixed or variable spreads, and how do these spreads typically behave during periods of high market volatility or major news events?

Broker Issues
EGM Securities
Fees and Spreads
02-15
United States
WikiFX
Reply

From my experience evaluating EGM Securities, I have taken a careful look at their spread offerings and platform setup to assess how they perform, particularly under volatile conditions. EGM Securities advertises spreads “from 0.0 pips,” which generally points to variable spreads rather than fixed. In the forex industry, when a broker states spreads “from” a certain value—rather than simply offering fixed numbers—it’s almost always a sign of variable pricing. This means the spread fluctuates with underlying market liquidity and volatility, and isn’t locked at a constant level. For me, this variable structure requires close attention. While tight spreads can be found during stable market periods, spreads can widen considerably during major news events or periods of low liquidity—potentially resulting in larger-than-expected trading costs and even slippage. In my trading, I’ve noticed that during key economic releases or unexpected market shocks, spreads at brokers with similar structures often spike, regardless of their baseline advertised minimums. It’s crucial not to underestimate this risk with EGM Securities, especially since they operate without recognized regulation, further limiting recourse or transparency if adverse conditions impact execution or pricing. Careful risk management and conservative position sizing are imperative if considering trading during volatile conditions on this platform.

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