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Razor-sharp forex spreads from 0 pips
Our ultra-fast low latency pricing engines aggregate the best bid and offers prices from 20+ liquidity sources, including tier-1 banks, non-banks and high frequency liquidity providers. This enables you to access deep liquidity, execute your trading strategies cost-efficiently, and enjoy the lowest forex spreads.
What are forex spreads?
Forex spreads in online trading are the difference between the price you can buy (the ask) and the price you can sell (the bid) a financial asset. The forex spread is the intrinsic cost of executing a round trip (Buy and Sell) trade.
How do you calculate forex spreads?
The forex spread in online trading is the difference between the price you can buy (the ask) and the price you can sell (the bid) a financial asset. The forex spread is the intrinsic cost of executing a round trip (Buy and Sell) trade.
Forex Spread | = Ask Price - Bid Price |
Forex Spread Cost | = Spread * Contract Size |
Example 1:
You are trading 0.1 contracts (10,000) EURUSD which is quoted at 1.21505 (bid) / 1.21507 (ask) Your trading account is denominated in USD
Forex Spread | = 1.21507 – 1.21505 = 0.00002 (0.2 pips) |
Forex Spread Cost | = 0.00002 * 10,000 = $0.20 |
Example 2:
You are trading 1 contract of DE30 which is quoted at 15590.95 (bid) / 15591.00 (ask) Your trading account is denominated in EUR
Spread | = 15591.00 – 15590.95 = 0.5 (0.5 index points) |
Spread Cost | = 0.5 * 1 = €0.50 |
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