Compare Forex Spreads

COMPARE FOREX TRADING SPREADS

 ECN Forex Brokers and their Trading Spreads on three Majors (EURUSD, USDJPY and GBPUSD)

COMPARE: » DIRECTORY | » FOREX REBATES | » FOREX SCALPING | » SWAP RATES | » FUNDS SAFETY

FX BROKER

TRADING TERMS

PLATFORMS / ASSETS

ACCOUNT

BROKER'S INFO

DUKASCOPY

» DUKASCOPY WEBSITE

 

US TRADERS: NO

ISLAMIC ACCOUNTS: YES

EXECUTION: ECN (SWFX)

SPREADS

EURUSD:

0.23 pip

GBPUSD:

0.85 pip

USDJPY:

0.35 pip

COMMISSIONS:

$4.8 / lot

SCALPING: YES

AUTOMATED TRADING: YES

SLIPPAGE: 1.2 pip

LEVERAGE: 1:300

PLATFORMS

JForex, JavaTrader, WebTrader, FIX/API

Mobile App for iPhone, iPad, and Android

PAMM: YES

DEMO: YES

FREE VPS: NO

ASSETS:

  • 50+ Forex Pairs
  • Gold and Silver on Spot
  • US and UK Oil
  • Many Stock Indices including Dow, Nasdaq, S&P 500, DAX, CAC 40

MIN. DEPOSIT:

$200 (Dukascopy Europe)

$5,000 (Dukascopy Bank)

DEPOSIT FUNDS:

  • Bank Wire
  • Cards
  • -Maestro
  • -VISA
  • -Electron

BONUS:

10% Cash Bonus

REBATES:

30% automatic rebate for the 1st month of trading (Rebate link is on the right)

 

KEY POINTS

  • Tight Spreads
  • Good Rollover SWAPS
  • Many Trading Contests
  • Get 30% Rebate for the 1st month of trading with Dukascopy via this Rebate Link

 

30% Rebate Link -for the 1st month of trading

 

Dukascopy Europe Review

HOTFOREX

» HOT FOREX WEBSITE

 

US TRADERS: NO

ISLAMIC ACCOUNTS: YES

EXECUTION: STP / ECN

SPREADS

EURUSD: 0.2 pip

GBPUSD: 1.1 pip

USDJPY: 0.6 pip

COMMISSIONS:

$10 / lot

SCALPING: YES

AUTOMATED TRADING: YES

SLIPPAGE: 0.55 pip

LEVERAGE: 1:1,000

FREE VPS: For deposits over $5,000

PLATFORMS:

MetaTrader4, Sirix WebTrader, MAM Platform, Mobile Traders

PAMM: YES (v2 PAMM)

DEMO: YES

FREE VPS: YES for Deposits over $5,000

ASSETS:

  • 43 Forex Pairs
  • Stocks & Indices
  • Commodities
  • Energy

MIN. DEPOSIT:

$10

FUND METHODS:

  • Credit Cards
  • Bank Wire
  • MoneyBookers
  • Neteller
  • iDeal
  • Union Pay
  • Sofort
  • Netbanx
  • TrustPay

BONUS:

100% Cash Bonus

REBATES:

$6.4 / lot

via Forex-Rebates.com

KEY POINTS

  • Very good promotions
  • Popular PAMM accounts
  • Free VPS for all traders holding more than $5,000
  • Many Trading Contests
  • Currenex Account

 

Visit HotForex

 

Review HotForex

IC MARKETS

» IC MARKETS WEBSITE

 

US TRADERS: NO

ISLAMIC ACCOUNTS: YES

EXECUTION: ECN / STP

 

 

SPREADS

EURUSD: 0.1

GBPUSD: 0.3

USDJPY: 0.5

COMMISSIONS:

$7.0 / lot

SCALPING: YES

AUTOMATED TRADING: YES

SLIPPAGE: 2.0 pip

LEVERAGE: 1:500

FREE VPS: YES (100 round turn lots per calendar month are required)

PLATFORMS:

MetaTrader-4, MetaTrader-5, MT4 for iPhone and Android, cTrader, Mobile cTrader cAlgo

PAMM: YES

DEMO: YES

FREE VPS: YES (100 round turn lots per calendar month are required)

ASSETS:

  • 56 currency pairs
  • 4 major metals
  • Equities (12 index CFDs)
  • Energies (Brent and WTI)

 

MIN. DEPOSIT:

$200 for MT4 account and $1,000 for cTrader account

FUND METHODS:

  • Bank Wire
  • Credit Card
  • Skrill
  • Webmoney
  • Neteller

BONUS:

NO BONUS

REBATES:

$1.2 / lot

via Forex-Rebates.com

KEY POINTS

  • Tight Spreads
  • cTrader and cAlgo plus MT4
  • Low latency

 

Register a Demo Account with IC MARKETS

Register a Real ECN Account with IC MARKETS

 

Review IC Markets

 

 

GALLANT CAPITAL (GMCFX)

» GMCFX WEBSITE

US TRADERS: NO

ISLAMIC ACCOUNTS: YES

EXECUTION: STP

SPREADS

EURUSD: 1.5 pip

GBPUSD: 1.9 pip

USDJPY: 1.9 pip

COMMISSIONS:

NO

SCALPING: YES

AUTOMATED TRADING: YES

SLIPPAGE: 2.5 pip

LEVERAGE: 1:400

FREE VPS: YES

PLATFORMS:

MetaTrader4, Signal Trader, MT4 Mobile

PAMM: NO

DEMO: YES

FREE VPS: YES (balance over $500 and monthly volumes over 1 Lot)

ASSETS:

  • 44 Forex Pairs
  • Energies
  • Metals
  • Stock Indices

MIN. DEPOSIT:

$250

FUND METHODS:

  • Bank Wire
  • Credit Cards
  • Skrill
  • Neteller
  • WebMoney

BONUS:

25% Credit Bonus

REBATES:

NO

KEY POINTS

  • Free VPS

 

GCMFX Real-Accounts

GCMFX Demo-Accounts

 

Review GMCFX

 

COMPARE RATINGS: » OVERALL RATINGS | » TRADING STYLES | » TRADING EXPERIENCE

COMPARE BROKERS: » DIRECTORY | » TRADE SPREADS | » FOREX REBATES | » FOREX SCALPING | » SWAP RATES | » FUNDS SAFETY

 

What is Spread and How you Can Calculate your Trading Cost

The spread is the difference between buyers (bid price) and sellers (ask price). These two prices are always given together for any Forex pairs. The spread is measured in pips, and pip is the fourth decimal place in a quote price (1 pip equals 0.0001). In order to compare the trading cost of two Forex brokers, you should combine the cost of spread with the trading commissions charged. For example, if a broker charges 1 pip spread on EURUSD and $5.0 / full traded lot commissions then you overall trading cost will be about $15 per lot, or else $15 per $100,000 transaction.

 

Forex Spreads Comparison

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