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Last time I ran all market data, the spread on gold was $35 so $7 is nothing.
Wow!
Normal spread with the broker I use is 50 cents.
Some confusion of terminology in these posts? You all mean spread as Ask-Bid or (Ask-Bid) times a standard lot?
50c is 50 points? Meaning for a standard lot that's $50 spread.
Just tested my broker, $20 ^_^