FX comment: Some clients are more equal than others

We received an email from a disgruntled dbFX customer this week, claiming that Deutsche’s spreads weren’t nearly as tight as claimed on their website. Judging by a sample of emails that we were passed (we have blanked out the names in the spirit of fairness), our correspondent was rather shocked to discover that he was […]

We received an email from a disgruntled dbFX customer this week, claiming that Deutsche’s spreads weren’t nearly as tight as claimed on their website.

Judging by a sample of emails that we were passed (we have blanked out the names in the spirit of fairness), our correspondent was rather shocked to discover that he was being quoted 2.7 pips on EUR/USD.

After pointing out that the spread was three times as wide as many other platforms, dbFX brought it down to 1.7,



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