GBE brokers offers 2 different trading account types and spreads and commissions are different in each account.
Traditional Spread Account
Through this traditional spread account, GBE brokers offers minimum spread from 0.7 pips with no extra commissions.
The spread itself is a mark up spread from GBE brokers.
So GBE brokers has added about 0.7 pips of mark up on the raw spread which is provided from its liquidity providers.
Although there is no extra trading commissions charged while trading, but the spread is variable so it can get wider without a limitation depending on the market situation.
Normally spread gets widen when:
- Important Economic News is released
- Around weekends(before and after the market closing/opening)
It is a normal thing that a spread gets wider than 30 pips occasionally, and it is not controllable by GBE brokers but only its liquidity providers.
Raw Spread Account
The raw spread account of GBE brokers will offer you the tightest spread the broker can offer with no markups.
So if you have the raw spread account opened, you are looking at the real spread offered from the liquidity providers directly.
Of course, if GBE brokers does not charge you for trading, there is no merit of providing the raw spread for the broker.
So there will be trading commissions charged which is $9 per 1 standard round turn lot.
If you are wondering the real time spread of GBE brokers MT4, you can login to the real/live trading accounts of GBE brokers with the following login credentials.
For Traditional Spread Account:
For Raw Spread Account:
Discounted Spread for VIPs
GBE brokers is a 100% broker. Meaning that GBE brokers only earn profits by the markups or trading commissions.
So GBE brokers wants traders to trade more and earn more and continue the trading with them.
Simply, GBE brokers wants traders who trade larger volume, and the broker is willing to give discounts on the spreads to its high volume traders by negotiating it.
If you are looking to deposit and trade larger funds, please contact GBE brokers and your account manager will find the way to make the conditions better for you.
Commissions on CFDs trading
In case you are using Raw Spread Account, you will be charged $9 per 1 standard lot for Forex Pairs and some Precious Metals (XAUUSD and XAGUSD).
But for other CFD financial instruments, there will not be $9 charge for tradings, as all the commissions are included in the spread itself and you are not subject to other extra commissions.
The spread and commissions for CFDs(excluding XAUUSD and XAGUSD) are the same in both trading accounts.