What is Fixed Spread?
A fixed spread is a spread that remains constant in value. A fixed spread will maintain the same amount of pips between the bid and ask throughout. This is an ideal spread to choose for the trader that wants to be able to know that the spread he or she enters a trade at will be the same when he or she exits the trade. In VERY extreme markets, the fixed spread on certain currencies, and specifically Oil & Gold may widen due to completely illiquidity in the market.
