Trading Conditions
SPREADS & COMMISSIONS
The FX Pro combines tier-1 bank, non-bank, and ECN liquidity to give you tight spreads across our range of global markets 24/5.
ECN spreads from 0.0 pips
For active traders, the majority of your trading fees will come from commissions and spreads.
We make world-class pricing and execution our core focus for our clients. When you trade with The FX Pro you are getting institutional-grade liquidity and service.
- Forex - Majors
- Forex - Minors
- Forex - Exotics
- Commodities
- Indices
Spreads
Forex - Majors
| Instrument | Min Spread | Avg Spread | Covid Avg Spread |
|---|---|---|---|
|
AUD/USD |
0.0 |
0.1 |
0.3
|
|
EUR/USD |
0.0 |
0.1 |
0.2
|
|
GBP/USD |
0.0 |
0.6 |
0.7 |
|
USD/CAD |
0.0 |
0.7 |
0.9 |
|
USD/CHF |
0.0 |
0.7 |
0.8 |
|
USD/JPY |
0.0 |
0.4 |
0.5 |
Spreads
Forex - Minors
| Instrument | Min Spread | Avg Spread | Covid Avg Spread |
|---|---|---|---|
|
AUD/CAD |
0.0 |
0.7 |
1.1
|
|
AUD/CHF |
0.0 |
0.7 |
1.0
|
|
AUD/JPY |
0.0 |
0.5 |
0.6 |
|
AUD/NZD |
0.0 |
0.9 |
1.2 |
|
CAD/CHF |
0.1 |
0.9 |
1.1 |
|
CAD/JPY |
0.0 |
0.6 |
0.7 |
|
CHF/JPY |
0.0 |
1.1 |
1.1 |
|
EUR/AUD |
0.0 |
0.9 |
1.5 |
|
EUR/CAD |
0.0 |
1.1 |
1.4 |
|
EUR/CHF |
0.0 |
0.8 |
0.8 |
|
EUR/GBP |
0.0 |
0.8 |
0.9 |
|
EUR/JPY |
0.0 |
0.6 |
0.7 |
|
EUR/NZD |
0.0 |
1.5 |
2.2 |
|
GBP/AUD |
0.0 |
1.3 |
2.1 |
|
GBP/CAD |
0.0 |
1.6 |
2.3 |
|
GBP/CHF |
0.0 |
1.3 |
1.4 |
|
GBP/JPY |
0.0 |
0.8 |
1.0 |
|
GBP/NZD |
0.0 |
2.4 |
3.5 |
|
NZD/CAD |
0.0 |
1.3 |
1.6 |
|
NZD/CHF |
0.0 |
1.0 |
1.0 |
|
NZD/JPY |
0.0 |
0.9 |
1.1 |
|
NZD/USD |
0.0 |
0.6 |
0.8 |
Spreads
Commodities
| Instrument | Min Spread | Avg Spread | Covid Avg Spread |
|---|---|---|---|
|
XAG/USD |
0.0 |
1.1 |
2.09 |
|
XAU/USD |
0.0 |
12.8 |
27.33 |
|
UK/OIL |
0.5 |
1.6 |
18.29 |
|
XTI/USD |
1.6 |
1.6 |
21.41 |
|
XAU/EUR |
3.6 |
n\a |
3.6 |
|
XPT/USD |
n\a |
n\a |
582.70 |
|
XPD/USD |
n\a |
n\a |
1336.73 |
|
XNG/USD |
0.5 |
n\a |
0.5 |
|
XCU/USD |
2.5 (01:00 – 14:00)
1.5 (15:00 – 22:00)
2.5 (23:00 – close) |
n\a |
2.5 (01:00 – 14:00)
1.5 (15:00 – 22:00)
2.5 (23:00 – close) |
Spreads
Rohstoffe
| Instrument | Min Spread | Avg Spread | Covid Avg Spread |
|---|---|---|---|
|
AUS200 |
0.8-1.5 |
0.8 |
2.4 |
|
CHINA50 |
9-16 |
NA |
9
|
|
ES35 |
6-12 |
NA |
6 |
|
EUSTX50 |
0.7-1 |
1 |
4 |
|
FRA40 |
0.75-1 |
1.1 |
10 |
|
GER30 |
0.5-0.7 |
0.7 |
2-7
|
|
HK50 |
4-8 |
4.3 |
30 |
|
JPN225 |
6-10 |
7 |
7 |
|
NAS100 |
0.5-0.8 |
1 |
2 |
|
UK100 |
0.5-0.75 |
0.84 |
2.5-9
|
|
US30 |
1.3-1.6 |
1.7 |
<3 |
|
US500 |
0.3-0.5 |
0.4 |
<0.8 |
|
|
Market Hours |
Market Hours |
*Out of Hours |
The FX Pro ECN account commission rates
The FX Pro charges commissions on forex and metals trades on the ECN account.
| Account Base Currency |
Micro Lot Commission (0.01 lots or 1,000 base currency) |
Standard Lot Commission (1 lot or 100,000 base currency) |
|---|---|---|
|
USD Account US Dollar |
USD 0.035 (USD 0.07 round turn) |
USD 3.50 (USD 7.0 round turn) |
|
EUR Account Euro |
EUR 0.03 (EUR 0.06 round turn) |
EUR 3.10 (EUR 6.2 round turn) |
|
GBP Account Pound Sterling |
GBP 0.025 (GBP 0.05 round turn) |
GBP 2.60 (GBP 5.4 round turn) |
Spreads from 0.0 pips
Spreads from 0.0 pips refer to a broker’s ability to price a product with a spread of 0.0 pips. This can normally only be done when a number of conditions are met, including an aggregated or ‘ECN’ price feed (see ECN page) and no spread floor in place i.e. no minimum spread.
The term was first used in 2012 at about the same time that (news) ‘tick scalper’ automated trading systems were giving brokers headaches. The FX Pro and a number of other brokers used the term ‘Spreads from 0.0 pips’ to help distinguish themselves from brokers who have spread floors/minimums and put restrictions on trading. Nowadays most brokers feature this term or ‘ECN’ in their advertising but they will have restrictions on trading due to their B-book model. In contrast to this, The FX Pro has spread from 0.0 pips with no restrictions and operates an ECN/STP model with no B-book. We prove this with trade receipts rather than fancy marketing terms.
We offer variable spreads only
As an ECN forex broker, The FX Pro passes on the prices it receives from its liquidity providers to traders. This means our spreads are variable and fluctuate in line with market liquidity and volatility.
Our variable ECN spreads come from up to 20 different liquidity providers consisting of tier-1 banks, non-bank market makers, and ECNs. This gives traders access to the tightest prices available, reducing their trading fees.
Don’t trust brokers with fixed spreads as these will usually come with strict trading restrictions, slower execution times, increased rejections (especially during fast markets and volatility), and higher spread costs. These restrictions can prevent you from making money.
Tight prices, fast fills, low slippage, trade receipts
Best Execution
Is about achieving the best possible result for our client’s trades. Our aim is to be the #1 retail broker in the world for pricing and execution…
How we make money
This means explaining exactly how we make money, how trades are executed, and with whom, so traders can make an informed decision…
What is ECN?
The ECN model was born to facilitate high volume, off-exchange, anonymous trading, across a range of market asset classes…
Frequently Asked Questions
The Spread is the difference between the market bid and ask price on a security for an immediate order.
The spread is represented by the bid and offer quotes and can be perceived as a measure of liquidity in the market.
Generally speaking, tight spreads are indicative of high liquidity whereas wide spreads are an indicator of scarce liquidity.
The bid price represents the maximum price that a buyer is willing to pay for a security and the ask price represents the minimum price that a seller is willing to take for the security.
Variable spreads deliver the best bid and offer prices available at a certain time as opposed to having the spreads fixed at a certain level.
The FX Pro offers some of the most competitive spreads in the market. With the average spreads on majors as low as 0.1 pips, The FX Pro offers some of the tightest spreads.
Yes, The FX Pro is an ECN broker.
The FX Pro runs an ECN that serves to facilitate trades between the LP’s and clients, ensuring the very best execution.
The FX Pro does not have a dealing desk as we provide clients unfiltered access to our network of liquidity providers. We do not profile clients nor market make which ensures our interests are aligned with the clients.
The FX Pro offers ‘straight through processing’ as our ECN enables direct access to our network of liquidity providers.
