| Instrument | Standard Account | Classic Account | ECN Raw | Professional Account |
|---|---|---|---|---|
| EURUSD | 1.2 | 1 | 0.1 | 0.1 |
| EURCNH | 1.9 | 1.6 | 0.9 | 0.5 |
| EURCAD | 1.5 | 1.3 | 1.1 | 1 |
| EURNZD | 3.8 | 2.8 | 2 | 1 |
| EURJPY | 1.9 | 1.7 | 0.8 | 0.5 |
| EURCHF | 1.7 | 1.5 | 0.8 | 0.4 |
| EURAUD | 2.6 | 2.3 | 1.1 | 1 |
| EURGBP | 1.5 | 1.3 | 0.3 | 0.1 |
| EURNOK | 87.3 | 82.5 | 72.5 | 50 |
| EURPLN | 45.1 | 40 | 21 | 12 |
| EURSEK | 60 | 54 | 44 | 35 |
| EURSGD | 3.9 | 2.9 | 2.3 | 2 |
| EURCZK | 150 | 130 | 120 | 100 |
| EURDKK | 2.4 | 2.3 | 1.4 | 1 |
| EURHKD | 7.3 | 4.9 | 3.5 | 2.4 |
| EURZAR | 15.3 | 23.5 | 12.2 | 11 |
| EURHUF | 120 | 52 | 15 | 0.9 |
| EURMXN | 90 | 87 | 76 | 30 |
| GBPUSD | 1.2 | 1.1 | 0.5 | 0.2 |
| GBPCHF | 3.1 | 1.4 | 1 | 0.4 |
When you begin trading, you’ll notice that you’re given a ‘bid’ (or ‘sell’) price and an ‘ask’ (or ‘buy’) price. The ‘bid’ is the price at which you sell the base currency, and the ‘ask’ is the price at which you buy the base currency. The difference between these two prices is what we call the spread.
The third party is accepting the risk of a loss while facilitating the trade, thus the reason the third party will retain a part of each trade – that retained part is called the spread!
The spread itself is measured in ‘pips’, which is the smallest unit of price movement of a currency pair. So, the spread in the below example is 0.2 Pips. Keep in mind the MT4/5 charts are designed to display prices aligned with raw spreads, regardless of the account type you are using. For Classic accounts, we recommend you keep in mind the spreads associated with it.
To work out the cost of a trade itself (not including swaps, commissions etc.), you take the spread and pip value and multiply it by the number of lots that you’re trading:
Trade Cost = Spread X Trade Size X Pip Value
For example:
A trade you have opened has 1.2 pips spread. In this example, you’re trading with mini lots which are 10,000 base units.
The pip value is at $1, so the transaction cost is $1.20
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Gopalan Lal
GB • 172 reviews
I've been trading with FlipTrade Group for 6 months now. I really appreciate their transparency with fees—no hidden costs when withdrawing. Execution is fast, and trading metals and indices feels stress free.
Hriday Khan
GB • 30 reviews
The demo account was an excellent way to practice and build confidence before trading with real money. Now I'm comfortably using the live account, and I really like how simple and efficient the MT5 platform is on my phone.
Head Quarter
Giorgi Leonid Ze Street, Tbilisi 0105,
Georgia Office 38.
Registered Address
Ground Floor, The Sotheby
Building, Rodney Village, Rodney
Bay, Saint Lucia
Registration No.
2025-00621
Contact No.
+41 2650 06818
Head Quarter
Giorgi Leonid Ze Street, Tbilisi 0105,
Georgia Office 38.
Registered Address
Ground Floor, The Sotheby
Building, Rodney Village, Rodney
Bay, Saint Lucia
Registration No.
2025-00621
Contact No.
+41 2650 06818
