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Thread: Chinese Brokers higher spreads?

  1. #1
    Do Brokers charge spreads if a trading account is opened from China instead then a non-Asian country?

    I have been led to think the Chinese market operates in an IB version rather then marketing directly to retail. I wondered exactly how the can do so with such low spreads of 1 pip sometimes. After some research I have found out that Brokers charge higher spreads should you signup from China by identifying your IP address... Does one know more information about this? Is this true in any way?

  2. #2
    Quote Originally Posted by ;
    Do Brokers charge greater spreads if a trading account is opened out of China rather then a non-Asian country? I have been led to believe that the Chinese market operates in an IB model rather marketing right to retail. I wondered how the can do so with such low spreads of 1 pip in some cases. After some research I have discovered that Brokers charge higher spreads if you signup from China by identifying your IP address... Does any know more information about it? Is this true in any way?
    Any concrete examples? I have 3 fellas which trade with Hotforex from China same propagates and implementation... Should be same with other brokers I just don't find a reason for doing so.

  3. #3
    Quote Originally Posted by ;
    quote Any concrete examples? I have 3 fellas which trade with Hotforex in China same spreads and execution... Should be same with other brokers I simply don't see a reason for doing this.
    Appears as if you have to be correct, just confirmed this with a friend in China on a FX account... Apparently why I thought they may be doing this really is (as explained above) is to have the ability to give IB's rebates with out affecting their profit and without disadvantaging the IB's.

  4. #4
    I guess spreads stays the exact same either you trading out of China or in any region of the world.

  5. #5
    Quote Originally Posted by ;
    quote Looks like you must be right, just confirmed this also with a buddy in China on a FX account... Apparently the reason I thought they may be doing this is (as explained above) is to be able to give IB's rebates with out affecting their profit and without disadvantaging the IB's.
    Oh I see. . That may be a motive China is next goal for IBs

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