Live Spreads
Real-time spread comparison across major currency pairs
| Broker | EURUSD ↑ | GBPUSD | USDJPY | AUDUSD | USDCAD |
|---|---|---|---|---|---|
1IC Markets | 0.1 | 0.2 | 0.2 | 0.2 | 0.3 |
2Pepperstone | 0.1 | 0.2 | 0.2 | 0.3 | 0.4 |
3IG | 0.6 | 0.9 | 0.7 | 0.8 | 1.0 |
4Saxo Bank | 0.8 | 1.0 | 0.8 | 1.0 | 1.2 |
5XM | 1.0 | 1.2 | 1.1 | 1.3 | 1.4 |
6eToro | 1.0 | 2.0 | 1.0 | 1.5 | 1.5 |
7OANDA | 1.1 | 1.3 | 1.2 | 1.4 | 1.5 |
8FXTM | 1.3 | 1.5 | 1.4 | 1.6 | 1.7 |
Excellent (≤0.5 pips)
Good (0.6-1.0 pips)
Higher (>1.0 pips)
Types of Spreads
Raw Spread
Direct market spreads with commission per lot
Pros:
- Tightest spreads
- Transparent pricing
- Best for scalping
Cons:
- Commission fees
- Can widen during volatility
Standard
Spread includes broker markup, no commission
Pros:
- No commission
- Predictable costs
- Simple pricing
Cons:
- Wider spreads
- Higher overall cost for frequent traders
Fixed
Spread remains constant regardless of market conditions
Pros:
- Predictable costs
- Good for news trading
- Budget-friendly
Cons:
- Usually wider
- May have restrictions
- Requotes possible
Understanding Forex Spreads
What is a Spread?
The spread is the difference between the bid (sell) price and the ask (buy) price of a currency pair. It represents the cost of trading and is typically measured in pips.
Factors Affecting Spreads
- • Market liquidity (major pairs = tighter spreads)
- • Time of day (London/NY overlap = best)
- • Economic news releases (spreads widen)
- • Broker type (ECN vs Market Maker)
💡 Pro Tip
For frequent traders, raw spread accounts with commission often work out cheaper than standard accounts. Calculate your total cost per round turn (spread × 2 + commission) to compare brokers accurately.