16

Categories

August 9, 2016

Question:What is the spread(trading commission) on FXPro cTrader platform?

Answer:

The spreads FXPro offers on its cTrader vary according to the prevailing market conditions and the liquidity available for the instrument being traded.

Since there is no mark-up on cTrader, clients receive spreads from the Inter-bank network that may be as low as 0.2 pips.

So the spread you are seeing on FXPro cTrader is the very-minimum spread which can be offered by FXPro and its liquidity providers.

You can see the full list of minimum spreads offered on FXPro cTtrader by going to “Range of Markets”→”Forex” from the official website.

FxPro Official Website

fxpro official website forex financial instrument

Then, you can see the Spread comparison table of each trading platform as below.

fxpro spread trading platform comparison table

Commissions of using cTrader

There is no “Mark-up spread” nor “Maintenance Fees” on FXPro cTrader though, there is trading commissions charged when opening and closing positions.

The extra commissions charged is, 45 USD per 1 million USD traded (charged twice for both opening and closing)

Thus you will be charged 9 USD per 1 round turn lot.

FXPro cTrader with tight spread maybe a great environment for “Scalpers”, but you don’t want to forget that you are getting charged $9 for every 1 lot of position.

Spread can be widened

The minimum spread 0.2 pip on FXPro cTrader is still the minimum and the spread type is variable.

And FXPro reflects the raw-spread from its liquidity providers, and that spread can be widen by these liquidity providers.

The widened spread sometimes even reaches to 30 pips or more and it is a normal market event in certain situations.

There is a number of traders complaining about widened spread though, especially as FXPro is not a market maker, you may expect a bit extremely wider spread in some market situations.

All Forex Brokers

  • IFC Markets
  • FxPro
  • IronFX
  • Axiory
  • FBS
  • Land-FX
  • MyFX Markets
  • Titan FX
  • Traders Trust
  • XM
  • LMFX
  • FXDD
  • ForexClub
  • KVB Kunlun
  • Tradeview
  • EightCap
  • FXOpen
  • HotForex
  • FXGiants
  • LQDFX
  • Fortrade
  • CM Trading
  • InstaForex
  • FXPRIMUS
  • ForexMart
  • Valutrades
  • AvaTrade
  • Yadix
  • RFXT
  • easyMarkets
  • JustForex
  • Swiss Markets
  • FXTM
  • HYCM
  • FP Markets
  • SimpleFX
  • IC Markets
  • Evolve Markets
  • Tickmill
  • Markets.com
  • Z.com Trade
  • UFX
  • Anzo Capital
  • LiteForex
  • 4xCube
  • OctaFX
  • Tifia
  • XTB
  • AAAFx
  • NordFX
  • FXGlory
  • Capex
  • ClickTrades
  • TopstepFX
  • HotForex ZA (South Africa)
  • XMTrading
  • GMOTrading
  • PaxForex
  • ITRADER
  • ITRADER Global
  • FortFS

All Crypto-Currency Exchanges

  • CEX.IO
  • HitBTC
  • Paxful
  • BitMEX
  • C-CEX
  • Binance
  • YObit
  • Wisebitcoin
  • Bibox
  • BKEX
  • CoinPark
  • CoinEx
  • IRONX
  • CoinField
  • bybit
  • Bitpanda
  • WCX

This website uses cookies

By using our site, you acknowledge that you have read and understand our Privacy Policy (Cookie Policy), and our Terms of Service.