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Spreads

Spreads2018-11-08T14:42:39+04:00

Spread is the primary and underlying cost in trading currencies. It is the difference between the buy and sell price at that moment. Spread is not static, contrary to popular belief, it changes sporadically. It is directly proportional to volatility in the market as it tends to spike during high impact news release. Hence, it varies from broker to broker. We, at FRXE, as part of our transparency policy render our spread rates here.

SYMBOL DESCRIPTION MINIMUM SPREAD TYPICAL SPREAD CONTRACT SIZE PIP PRICE (USD/LOT) SWAP SHORT PIPS SWAP LONG PIPS
EUR/USD Euro vs. US Dollar 0.4 1.2 100000 EUR 10.00 -0.19 -0.21
GBP/USD British Pound vs US Dollar 0.4 1.8 100000 GBP 10.00 -0.48 -0.28
USD/JPY US Dollar vs. Japanese Yen 0.4 0.8 100000 USD 8.83 -0.37 -0.11
USD/CHF US Dollar vs. Swiss Franc 0.4 1.4 100000 USD 10.00 -0.21 -0.01
AUD/USD Australian Dollar vs. US Dollar 0.7 1.1 100000 AUD 10.00 -1.9 0.58
NZD/USD New Zealand Dollar vs. US Dollar 0.7 1.5 100000 NZD 10.00 -0.92 0.19
USD/CAD US Dollar vs. Canadian Dollar 0.7 1.5 100000 USD 7.62 -0.01 0.42
BTC/USD Bitcoin vs US Dollar 2 11.8 1 BTC 10.00 -0.2 -0.2
LTC/USD Litecoin vs US Dollar 1 15.3 100 LTC 10.00 -0.2 -0.2
ETH/USD Ethereum vs US Dollar 3 30.1 10 ETH 10.00 -0.2 -0.2
XRP/USD Ripple vs Dollar 1.2 13.3 10000 XRP 10.00 -0.2 -0.2
EUR/GBP Euro vs British Pound 0.7 1.3 100000 EUR 13.13 -0.1 -0.26
EUR/CHF Euro vs Swiss Franc 0.7 1.2 100000 EUR 10.00 -0.19 -0.13
EUR/JPY Euro vs Jappanses Yen 0.7 1.3 100000 EUR 8.83 -0.26 -0.07
GBP/JPY British Pound vs Japanese Yen 0.8 2.2 100000 GBP 8.83 -0.43 -0.01
GBP/CAD British Pound vs. Canadian Dollar 0.8 2.1 100000 GBP 7.62 -0.24 -0.54
CHF/JPY Swiss Franc vs. Japanese Yen 0.8 1.8 100000 CHF 8.83 -0.05 -0.16
AUD/JPY Australian Dollar vs. Japanese Yen 1 1.6 100000 AUD 8.83 -1.49 0.39
NZD/JPY New Zealand Dollar vs. Japanese Yen 1 2.1 100000 NZD 8.83 -0.74 0.17
CAD/JPY Canadian Dollar vs. Japanese Yen 1 1.1 100000 CAD 10 -0.39 -0.04