Spreads & Commissions

FXCM's Standard Account offers exceptional value at a low, competitive cost. Our low spreads have no markups1, and our low commissions are transparent and easier to understand.


FXCM's low spreads have no markups, making them some of the lowest in the industry. EUR/USD averages 0.5 pips and USD/JPY averages 0.4. Low spreads are great for scalpers and short-term traders2. You trade on the exact bid/ask quotes that stream from our liquidity providers which determine the spread.

Sign up for a Free $50,000 practice account to see all low spreads in real time.


FXCM charges commissions because it allows us to provide a transparent pricing model. Many brokers are compensated by markups to spreads which are not specified.

This leaves many clients with uncertainty about how much they are paying their brokers to trade. Because FXCM’s Low Spreads have no markups, FXCM clients only have to focus on our low, transparent commissions to fully understand what we charge to open and close trades.

Additionally, all commissions are charged in the native currency of an account denomination. Therefore, a GBP denominated account will have all the commission charged in GBP, and a USD denominated account will have the commission charged in USD.

Furthermore, our commissions are different compared to many brokers. Our commissions are easy to understand. You don’t have to convert any figures from one currency to another.

Example: If you trade 1K GBP/USD (i.e. 1,000 pounds), it costs you $0.04 to open and $0.04 to close the trade. If you trade 1K EUR/USD (i.e. 1,000 euros), it still only costs you $0.04 to open and $0.04 to close a trade.

Standard Account Commissions

The table below shows our lowest commissions for a USD denominated account. Visit our Forex Pricing page to view commissions for all forex pairs available at FXCM.

Active Trader Account Commissions. (min 50m of volume)

FXCM’s Active Trader program rewards our high-volume traders with even lower commissions. The more you trade, the lower your commissions can be. FXCM’s Active Trader commissions are FLAT per side amounts, different from many brokers.

Contact FXCM and speak to our Active Trader Specialists.

1 Intermediary Markup: In some instances, accounts for clients of certain intermediaries are subject to a markup.

2 Spreads & Commissions: Dynamic live streaming spread figures shown are from FXCM’s Best Bid/Best Offer pricing engine. Static historical spread figures are time-weighted averages derived from tradable prices at FXCM from 1 April 2015 to 30 June 2015. Spreads are variable and during normal market hours are subject to delay. FXCM strives to provide traders with tight, competitive spreads; however, there may be instances when market conditions cause spreads to widen well beyond the spreads displayed here.

Advertised spreads & commissions apply to Standard Accounts. Some accounts, such as Mini Accounts and those for clients of certain intermediaries, are subject to a markup. Accounts set to a commission structure will be charged in the currency denomination of the account.

The figures above are provided for information purposes only, and are not intended for trading purposes or advice. FXCM is not liable for any information errors, incompleteness, or delays, or for any actions taken in reliance on information contained herein.

Compensation: When executing customers trades, FXCM can be compensated in several ways, which include, but are not limited to: charging fixed lot-based commissions at the open and close of a trade, adding a markup to the spreads it receives from its liquidity providers for certain account types, and adding a markup to rollover. Under the Dealing Desk execution model, FXCM may act as a dealer and may receive additional compensation from trading.