What conditions does Noctorial's own broker offer?
Learn about the spreads, execution, and available assets when trading with Noctorial's own broker. With clear conditions and a controlled environment.
At Noctorial, we are the first ones interested in having the most optimal Spread possible so that the firm's capital is not diminished by commissions. In this article, we seek to shed some light on this topic.
What is the average Spread for Noctorial traders?
The average Spread is 1 pip above the price provided by the liquidity providers of the brokers Noctorial works with, which include banks, investment funds, and prime brokers.
In the case of Forex, the average Spread on the Majors (EURUSD...) is 0.6 pips.
What is Spread?
The Spread is the difference between the buy price and the sell price of a financial asset and is determined by the market (Liquidity Providers and brokers). Generally, tighter margins represent a higher level of liquidity.
The Spread in brokers that execute trades at market price is dynamic and never fixed, as it depends on supply and demand to be set.