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The spread at dawn is better than some platforms, but still much worse compared to daytime. Once when trading AUD/JPY, the spread was just over two pips during the day, but it jumped to four pips at dawn—almost doubling the cost for the same trade. Night owls already have fewer trading opportunities, and then they pull this spread discrimination—it's a bit hard to justify.

Original

凌晨点差是比有的平台好,但和白天比还是差不少。有次做澳元兑日元,白天点差两个多点,凌晨就涨到四个点,同样的单子成本高了快一倍。夜猫子交易本来就少,还在点差上搞差别对待,有点说不过去。

08-04

Indonesia

Reply from official EBC

Dear valued clients, we understand that during the early morning hours (particularly the Asian opening session), when European and American traders are inactive, market depth becomes thinner, and liquidity providers (LPs) will widen spreads to hedge risks. Cross currency pairs (such as AUD/JPY) inherently have weaker liquidity compared to major direct pairs, and spread fluctuations will be more pronounced during low-liquidity periods.

Original

尊敬的客户,我们理解凌晨时段(尤其是亚洲早盘),欧美交易者休息,市场深度变薄,流动性提供商(LP)会扩大点差来对冲风险。 交叉货币对(如AUD/JPY) 本身流动性就弱于主流直盘,在低流动性时段点差波动会更明显。

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