Forex Spreads

What are Forex 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.

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How is spread calculated?

Forex quotes always come with a ‘bid’ and ‘ask’ price. The ‘bid’ is the price at which the market is willing to buy the base currency (AUS in our example), while the ‘ask’ is the price at which the market is willing to sell the base currency (AUS) in exchange for the counter currency (USD).

With Vantage FX forex prices always quoted with 5 numbers, AUS/USD might have a bid price of 1.50000 and an ask price of 1.50006. This would make the spread $0.00006 or 0.6 pips.

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Compare our spreads with other Forex Brokers

Don’t waste time scouring the internet comparing one broker against another to reach a final decision. Vantage FX has partnered with FX Intelligence, the first forex live broker intelligence analyzer, to provide traders with the ideal time saving solution. Using our forex spreads online, you can compare brokers in real-time to spot the most profitable opportunities and make decisions with all the information at your fingertips.

Please note: These datafeeds are streamed directly from broker's platforms. Vantage FX and FX Intelligence will not be liable for any discrepancies in the data presented.

 

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Industry Leading Low Forex Spreads

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 accounts, and 1.0 pips on standard accounts. While spreads on the majors can go below 1-pip during liquid times - the typical forex spreads are listed below.

Product

RAW Account Typical Spread

Standard Account Typical Spread

EURUSD 0.6 1.8
GBPUSD 1.2 2.6
AUDUSD 0.6 1.6
USDCAD 0.6 1.8
USDCHF 1.1 2.5
USDJPY 0.4 1.6
See all products Get RAW demo account Get Standard demo account

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Other Products

We offer 53 products in total, 40 of these are currency pairs. You can find a list of all products below.

To compare the real-time low spreads of all pairs, download a free demo of our platform.

AUD/CAD EUR/CAD GBP/JPY USD/CHF XPD/USD
AUD/CHF EUR/CHF GBP/NZD USD/CNH XPT/USD
AUD/JPY EUR/GBP GBP/SGD USD/JPY CL-OIL
AUD/NZD EUR/JPY GBP/USD USD/NOK DAX30
AUD/SGD EUR/NZD NZD/CAD USD/SEK DJ30
AUD/USD EUR/SGD NZD/CHF USD/SGD FTSE100
CAD/CHF EUR/TRY NZD/JPY USD/TRY NIKKEI225
CAD/JPY EUR/USD NZD/SGD XAU/AUD SPI200
CAD/SGD GBP/AUD NZD/USD XAU/USD SP500
CHF/JPY GBP/CAD SGD/JPY XAG/AUD
EUR/AUD GBP/CHF USD/CAD XAG/USD

Please Note: The MetaTrader 4 platform works on a 5-point decimal system. For example, the EUR/USD may give a price of 1.39913/1.39919, which is equal to 0.6 pips.
Please note that a volume of 1 lot equals 100,000 of the first named currency. Micro and mini lots are also available.