Overview - Spread Betting
Everyone's trading needs are different. That's why we created multiple account types so you can maintain control of your trading costs.
|Pricing Model||Spreads Only||Spreads Only||Reduced Spreads Only|
|Average Spreads||1.5 on EUR/USD||1.5 on EUR/USD||1.0 on EUR/USD|
| Total Cost
|£0.11 on 1K EUR/USD
|£0.11 on 1K EUR/USD
|As low as £0.07 on 1K EUR/USD
Indices & Commodities
|Pricing Model||Spreads Only||Spreads Only||Spreads Only|
See commission schedule and fees in the rate card.
Forex Trading Costs
The total cost is the spread multiplied by the pip cost.
MINI & STANDARD
For example, assume EUR/USD on a GBP-denominated account has a spread of 1.5. To figure the total cost:
1.5 [spread] x 0.07 [pip cost] = 0.105
Total Cost = £0.11
1.5 [spread] x 70 [pip cost] = 105
Total Cost = £105
Active Trader accounts have discounted spreads based on monthly trading volume. Assume a EUR/USD trade on a GBP-denominated Active Trader account with Discount 1. To figure the total cost:
1.0 [spread] x 0.07 [pip cost] = 0.07
Total Cost = £0.07
1.0 [spread] x 70 [pip cost] = 70
Total Cost = £70
Pip Cost: The pip cost may vary depending on the account denomination and the notional value of a currency pair which fluctuates on a daily basis. The EUR/USD pip cost of 0.0668439 (rounded to 7p) was derived Dec 2, 2015. Current pip costs can be found on your trading platform.
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 October 2015 to December 31 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.