FOREX LIVE SPREADS
Spread is essentially the difference between the bid and the ask price. As traders always trade one currency for another, forex currencies are always quoted in terms of what the price is currently compared to another. To make things easy they are written in pairs. E.g. AUD/USD (Australian Dollar/US Dollar – AUD is the ‘base currency’ and USD is called the ‘counter’. If it took $1.5 AUD to buy $1 USD this would be written as 1.5/1.
If you choose to open and trade on a Nexo Miners RAW ECN account, you will find some of the lowest spreads in the industry. Trade on institutional grade liquidity, sourced directly from some of the world’s biggest banks with absolutely no mark-up applied at our end. This sort of liquidity and access to tight spreads as low as zero, is no longer just the domain of hedge funds.
How to see live spreads on the Nexo Miners MT4 Platform
- 1. Open the Market Watch on the Nexo Miners MT4 Platform.
- 2. Right click inside the Market Watch and click ‘Spreads’
- 3. You will now have a 4th column displaying the Spread for each Forex currency pair, Commodity or Indices market.
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INDUSTRY LEADING LOW FOREX SPREADS
Our Feed comes from leading liquidity providers and banks. Feeds can come through from as many as 70 institutions when viewing spreads on the MetaTrader 4 platform. This variety allows us to offer industry-leading spreads as low as 0.0 pips on RAW ECN accounts, and 1.0 pips on Standard STP accounts. While spreads on the majors can go below 1-pip during liquid times - the typical forex spreads are listed below.
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| EURUSD | from 1.4 |
| GBPUSD | from 1.6 |
| AUDUSD | from 1.4 |
| USDJPY | from 1.5 |
| Create Account | |
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| EURUSD | from 0.0 |
| GBPUSD | from 0.5 |
| AUDUSD | from 0.3 |
| USDJPY | from 0.4 |
| Create Account | |
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| EURUSD | from 0.0 |
| GBPUSD | from 0.5 |
| AUDUSD | from 0.3 |
| USDJPY | from 0.4 |
| Create Account | |
METATRADER RAW ECN ACCOUNT COMMISSION CHARGES
Please refer to the following table for a full list of RAW ECN commission charges, in the denomination of your trading account. We have split the table between commission per 0.01 lots and 1.00 lots to make it easier for you to calculate, depending on your trading volume.
| Trading Account Currency |
Commission per 0.01 LOTS (1000 base currency) |
Commission per 1 LOT (100,000 base currency) |
| AUD Australian Dollar |
AUD $0.03 (round turn $0.06) |
AUD $3 (round turn $6) |
| USD US Dollar |
USD $0.03 (round turn $0.06) |
USD $3 (round turn $6) |
| GBP Pound Sterling |
GBP £0.02 (round turn £0.04) |
GBP £2 (round turn £4) |
| EUR Euro |
EUR €0.025 (round turn €0.05) |
EUR €2.5 (round turn €5) |
| SGD Singapore Dollar |
SGD $0.035 (round turn $0.07) |
SGD $3.50 (round turn $7) |
| JPY Japanese Yen |
JPY ¥2.75 (round turn ¥5.50) |
JPY ¥275 (round turn ¥ 550) |
| NZD New Zealand Dollar |
NZD $0.0325 (round turn $0.065) |
NZD $3.25 (round turn $6.50 |
| CAD Canadian Dollar |
CAD $0.03 (round turn $0.06) |
CAD $3 (round turn $6) |
PRO ECN ACCOUNT COMMISSION CHARGES
Please refer to the following table for a full list of PRO ECN commission charges, in the denomination of your trading account. We have split the table between commission per 0.01 lots and 1.00 lots to make it easier for you to calculate, depending on your trading volume.
| Trading Account Currency |
Commission per 0.01 LOTS (1000 base currency) |
Commission per 1 LOT (100,000 base currency) |
| AUD Australian Dollar |
AUD $0.02 (round turn $0.04) |
AUD $2 (round turn $4) |
| USD US Dollar |
USD $0.0175 (round turn $0.035) |
USD $1.75 (round turn $3.5) |
| GBP Pound Sterling |
GBP £0.0125 (round turn £0.025) |
GBP £1.25 (round turn £2.5) |
| EUR Euro |
EUR €0.015 (round turn €0.03) |
EUR €1.5 (round turn € 3) |
| CAD Canadian Dollar |
CAD $0.02 (round turn $0.04) |
CAD $2 (round turn $4) |
| JPY Japanese Yen |
JPY ¥1.75 (Round turn ¥3.50) |
JPY ¥175 (Round turn ¥350) |
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