Rakuten Securities HK to launch volume-based ladder spreads
Forex and CFD broker Rakuten Securities HK plans to introduce a brand-new spread concept. The broker will launch new Volume-based Ladder Spreads on August 1, 2022.
The company will offer fixed spreads as low as 0.5 pips depending on one’s transaction size. The larger the transaction size, the tighter the fixed spread. The offer will be valid for selected currency pairs only.
The broker invites traders to stay tuned for further announcements on its website and social media pages.
Fixed spreads are offered in Rakuten FX account during at least 95% of the time of the monthly core-time trading period (8am to 2am HKT of every trading day). However they are not guaranteed and they do not apply during extreme markets circumstances, include but not limited to low liquidity, high volatility, news events and public holidays.
During extreme markets circumstances, spreads may widen beyond the offered spreads. Traders are advised to refer to the trading platforms for the actual spreads.