SPREADS

Our typical spreads are illustrated in the tables below.

Symbol Standard Account Pro Account
AUD/USD 1.8 - 2.2 pips 0.0 - 1.5 pips
AUD/CAD 1.8 - 3.6 pips 0.0 - 2.0 pips
AUD/CHF 1.8 - 3.1 pips 0.0 - 2.2 pips
AUD/JPY 1.8 - 3.2 pips 0.0 - 1.5 pips
AUD/NZD 2.1 - 2.3 pips 0.1 - 2.1 pips
CAD/CHF 1.8 - 2.8 pips 0.0 - 1.5 pips
CAD/JPY 1.8 - 2.8 pips 0.0 - 1.5 pips
CHF/JPY 1.8 - 3.2 pips 0.0 - 2.1 pips
EUR/AUD 1.8 - 3.2 pips 0.0 - 1.6 pips
EUR/CAD 1.8 - 3.2 pips 0.0 - 1.6 pips
EUR/CHF 1.8 - 3.2 pips 0.0 - 1.5 pips
EUR/GBP 1.8 - 3.2 pips 0.0 - 0.4 pips
EUR/JPY 1.8 - 2.4 pips 0.0 - 0.5 pips
EUR/USD 1.8 - 2.2 pips 0.0 - 2.0 pips
EUR/NZD 1.8 - 3.8 pips 0.1 - 2.6 pips
GBP/AUD 1.8 - 3.1 pips 0.1 - 2.2 pips
GBP/CAD 1.8 - 3.1 pips 0.1 - 2.2 pips
GBP/CHF 1.8 - 3.1 pips 0.0 - 2.2 pips
GBP/JPY 1.8 - 3.6 pips 0.0 - 2.1 pips
GBP/USD 1.8 - 2.4 pips 0.2 - 0.8 pips
GBP/NZD 1.8 - 3.7 pips 0.1 - 2.4 pips
USD/CAD 1.8 - 2.8 pips 0.0 - 1.2 pips
USD/CHF 1.8 - 2.3 pips 0.1 - 0.6 pips
USD/JPY 1.8 - 2.2 pips 0.0 - 0.4 pips
USD/SGD 1.8 - 5.0 pips 0.1 - 4.0 pips
NZD/CAD 1.8 - 2.8 pips 0.1 - 1.7 pips
NZD/CHF 1.8 - 3.2 pips 0.0 - 1.6 pips
NZD/JPY 1.8 - 2.8 pips 0.0 - 1.2 pips
NZD/USD 1.8 - 2.8 pips 0.0 - 1.2 pips
Symbol Typical Spreads
XAU/USD 20-30 cents
XAG/USD 15 - 40 cents

* The rates above are indicative only and spreads are subject to change without notice depending on the market conditions (e.g. spreads may widen during illiquid or volatile market conditions). Spreads may widen following important news announcements, during political uncertainty, unexpected events leading to volatile market conditions or at the close of the business day and on weekends when liquidity is lower.

** A volume of 1 lot is equal to 100,000 of the first named currency.

*** In Forex trading, if you leave one or more positions opened at 24:00 (GMT+2) for the next trading day, there will be a daily Swap adjustment to your position. From Wednesday to Thursday, Swap is charged for 3 days instead of 1. This is to cover the settlement of trades over the weekend.

Understanding Spreads

Essentially, spread is the difference between the buy (ask) and the sell (bid) price quoted for an instrument.

Spread is one of the key costs involved in Forex and CFD trading – the tighter the spread is, the better value you’re getting as a trader.

Essentially, the tighter the spread, the lower the cost of trading. The wider the spread, the higher it costs.

For example, let’s say EURUSD is quoted with a buy price of 1.0984 and a sell price of 1.0983. The spread can be calculated by subtracting 1.0983 from 1.0984 – giving a total spread of 0.0001 or 1 pip.

At TTechnology Corp, prices are quoted up to 5 decimal points.

RISK WARNING:  Margin trading involves a high level of risk, and may not be suitable for all investors. You should carefully consider your objectives, financial situation, needs and level of experience before entering into any margined transactions with TTechnology Corp, and seek independent advice if necessary. Forex and CFDs are highly leveraged products which mean both gains and losses are magnified.  

© TTechnology Corp 2019. All rights reserved.
TOP