The spread is essentially the difference between the buying and selling prices. Because traders tend to trade another currency in one currency, foreign exchange trading currencies are often quoted for the price currently being compared with another currency. For convenience, these currencies are written in pairs, such as AUD / USD (AUD / USD-of which AUD is the "base currency" and the US dollar is called the "relative currency").
Forex spreads
What is "dot": for precise and convenient representation
What is foreign exchange spread?
Brokers profit from spreads. The larger the spread, the higher the seller's price and the lower the buyer's price. Therefore, when you buy, you need to pay more, and when you sell, the less you get, making profitability difficult. Brokers generally don't earn all the spreads, especially when they need to hedge their clients' positions. The spread is hedged against the market maker
FXSOL Spread Sheet
EUR / USD | EUR / USD | 3pips |
USD / JPY | USD / JPY | 3pips |
GBP / USD | GBP / USD | 4pips |
USD / CHF | USD / CHF | 4pips |
NZD / USD | NZD / USD | 4pips |
EUR / JPY | EUR / JPY | 4pips |
USD / CAD | USD / CAD | 4pips |
AUD / USD | AUD / USD | 4pips |
EUR / CHF | EUR / CHF | 4pips |
EUR / GBP | EUR / GBP | 4pips |
CAD / JPY | Canadian dollar / Japanese yen | 6pips |
AUD / JPY | AUD / JPY | 7pips |
GBP / JPY | GBP / JPY | 7pips |
CAD / CHF | CAD / CHF | 7pips |
NZD / USD | NZD / USD | 7pips |
AUD / CAD | AUD / CAD | 8pips |
EUR / CAD | EUR / CAD | 8pips |
CHF / JPY | CHF / JPY | 8pips |
GBP / AUD | GBP / AUD | 9pips |
GBP / CHF | GBP / CHF | 9pips |
EUR / AUD | EUR / AUD | 10pips |
NZD / JPY | NZD / JPY | 10pips |
GBP / CAD | GBP / CAD | 10pips |
AUD / CHF | AUD / CHF | 10pips |
Fred Forex Trading Platform Spreads
Currency minimum pip unit Spreads Overnight interest leverage ratio 1: 1: Minimum margin 1 standard lot value
Buy sell
EURUSD
Euro vs US Dollar 0.0001 2 -0.49 0.22 1000 * EURUSD Rate 10 USD
GBPUSD
British Pound vs US Dollar 0.0001 4 0.08 -0.39 1000 * GBPUSD Rate 10 USD
USDJPY
US Dollar vs Japanese Yen 0.01 3 0.75 -1.51 1000 USD 1000 / USDJPY Rate
USDCHF
US Dollar vs Swiss Franc 0.0001 3 0.25 -0.77 1000 USD 10 / USDCHF Rate
USDCAD
US Dollar vs Canadian Dollar 0.0001 3 0.17 -0.67 1000 USD 10 / USDCAD Rate
EURJPY
Euro vs Japanese Yen 0.01 3 0.66 -1.51 1000 * EURUSD Rate 1000 / USDJPY Rate
GBPJPY
British Pound vs Japanese Yen 0.01 7 1.57 -2.59 1000 * GBPUSD Rate 1000 / USDJPY Rate
AUDUSD
Australian Dollar vs US Dollar 0.0001 3 0.09 -0.35 1000 * AUDUSD Rate 10 USD
EURGBP
Euro vs British Pound 0.0001 3 -0.36 0.17 1000 * EURUSD Rate 10 * GBPUSD Rate
GBPCAD
British Pound vs Canadian Dollar 0.0001 8 0.4 -1.19 1000 * GBPUSD Rate 10 / USDCAD Rate
AUDCAD
AUD vs CAD 0.0001 8 0.22 -0.7 1000 * AUDUSD Rate 10 / USDCAD Rate
AUDJPY
Australian Dollar vs Japanese Yen 0.01 3 0.68 -1.55 1000 * AUDUSD Rate 1000 / USDJPY Rate
CADJPY
Canadian Dollar vs Japanese Yen 0.01 5 0.55 -1.06 1000 / USDCAD Rate 1000 / USDJPY Rate
EURCHF
Euro vs Swiss Franc 0.0001 7 0.32 -0.84 1000 * EURUSD Rate 10 / USDCHF Rate
EURAUD
Euro vs Australian Dollar 0.0001 8 -0.83 0.21 1000 * EURUSD Rate 10 * AUDUSD Rate
EURCAD
Euro vs Canadian Dollar 0.0001 8 -0.31 0.17 1000 * EURUSD Rate 10 / USDCAD Rate
GBPAUD
British Pound vs Australian Dollar 0.0001 8 -0.51 0.18 1000 * GBPUSD Rate 10 * AUDUSD Rate
GBPCHF
British Pound vs Swiss Franc 0.0001 7 1.07 -2.03 1000 * GBPUSD Rate 10 / USDCHF Rate
GOLD 0.01 70 -1.0 +0.5 1000USD 10usd
All the above values are used as a reference, and everything is subject to the value of the trading platform.
OFX Forex Spreads
At present, many foreign exchange platforms have floating spreads and fixed spreads. Both have their own advantages. The floating spreads will expand when the market changes greatly. Compared to OFX foreign exchange, fixed spreads are very advantageous. Do not widen the spread when the market becomes larger.
OFX Forex Spreads
currency symbol | Currency name | Trading spread |
EUR / USD | EUR / USD | 3pips |
USD / JPY | USD / JPY | 3pips |
GBP / USD | GBP / USD | 4pips |
USD / CHF | USD / CHF | 5pips |
EUR / JPY | EUR / JPY | 5pips |
USD / CAD | USD / CAD | 5pips |
AUD / USD | AUD / USD | 5pips |
EUR / GBP | EUR / GBP | 5pips |
GBP / JPY | GBP / JPY | 8pips |
NZD / USD | NZD / USD | 4pips |
GOLD | gold | 5pips |
-DXY | USD Index | 5pips |
