What is the spread in forex trading?
How this answer was verified
- Cross-checked against broker-published fact sheets, regulator licensing databases, and ESMA product intervention notices.
- Reviewed by the FX-Brokers EU editorial desks (Markets, Platforms, Regulation). Desk structure disclosed at /about/editorial-desks.
- Refreshed quarterly. The most recent verification date is shown above. Read our methodology.
Related
What is the cheapest forex broker in Europe?
The cheapest forex broker in Europe for EUR/USD is Pepperstone via its Razor account (0.0 pip raw spread + $7 round-turn), matched by Tickmill Pro at $6 round-turn. Both onboard EU clients under EU regulation with ICF or EdW compensation. Exness quotes comparable raw pricing globally but closed EU/EEA retail onboarding in 2019, so it is not an option for EU residents.
Standard vs Raw Spread account — which should I choose?
Choose a Raw Spread account if you trade more than 5 standard lots per month or use automated strategies. Choose a Standard account if you trade occasionally or prefer a single all-inclusive cost number. Raw accounts cost less per trade above that volume threshold; Standard accounts are simpler below it.
What is a pip in forex trading?
A pip (percentage in point) is the smallest standard price movement in a forex pair — typically the fourth decimal place (0.0001) for most pairs, or the second decimal place (0.01) for JPY pairs. On a standard lot (100,000 units) of EUR/USD, one pip is worth approximately $10.