Currency Pair Spreads

If you already trade on the Forex, you know that there is a slight difference between the bid and ask prices for any given currency pair. This difference is called the spread, and it is how Futures Commission Merchants (FCMs) are compensated for their services. i-Trade FX offers spreads as low as two (2) pips during normal market conditions.

The following chart displays representative i-Trade FX spreads. Please note: i-Trade FX reserves the right to revise the following spreads with no prior notice.**

Currency Pair (Abbreviation) Currency Pair (Full Name) i-Trade FX Spread
EUR/USD Euro / U.S. Dollar 2
USD/JPY U.S. Dollar / Japanese Yen 3
GBP/USD British Pound / U.S. Dollar 4
USD/CHF U.S. Dollar / Swiss Franc 3
USD/CAD U.S. Dollar / Canadian Dollar 5
AUD/USD Australian Dollar / U.S. Dollar 4
EUR/GBP Euro / British Pound 3
EUR/JPY Euro / Japanese Yen 3
GBP/JPY British Pound / Japanese Yen 8
CHF/JPY Swiss Franc / Japanese Yen 7
EUR/CHF Euro / Swiss Franc 4
NZD/USD New Zealand Dollar / U.S. Dollar 4
GBP/CHF British Pound / Swiss Franc 8
AUD/JPY Australian Dollar / Japanese Yen 7
EUR/AUD Euro / Australian Dollar 8
EUR/CAD Euro / Canadian Dollar 8
AUD/CAD Australian Dollar / Canadian Dollar 8
NZD/JPY New Zealand Dollar / Japanese Yen 7
CAD/JPY Canadian Dollar / Japanese Yen 7
GBP/AUD British Pound / Australian Dollar 10
AUD/NZD Australian Dollar / New Zealand Dollar 7
USD/MXN U.S. Dollar/ Mexican Peso Variable
USD/HKD U.S. Dollar/ Hong Kong Dollar 6
USD/SGD U.S. Dollar/ Singapore Dollar 7
USD/ZAR* U.S. Dollar/ South African Rand Variable
CAD/MXN Canadian Dollar / Mexican Peso Variable
EUR/HKD Euro/ Hong Kong Dollar Variable
EUR/SGD Euro/ Singapore Dollar Variable
HKD/JPY Hong Kong Dollar / Japanese Yen Variable
SGD/JPY Singapore Dollar / Japanese Yen 10
SGD/HKD Singapore Dollar / Hong Kong Dollar Variable
MXN/JPY Mexican Peso / Japanese Yen Variable
USD/HUF* U.S. Dollar / Hungarian Forint Variable
EUR/HUF* Euro / Hungarian Forint Variable

* The noted currency pairs may only be traded Monday through Friday during the following Greenwich Mean Time (GMT) 7.00 to 15.00+

+GMT equates to 3:00 A.M. DST to 11:00 A.M. DST
+GMT equates to 2:00 A.M. EST to 10:00 A.M. EST

i-Trade FX may accept Market Orders outside of the noted trading times. However, i-Trade FX will not be held liable for any losses due to potential price volatility between the stated market close and the stated market open the following trading day.

The standard industry practice for currency dealers regarding the noted currencies is to set market levels and execute orders manually without the use of automated systems or services. i-Trade FX reserves the right to re-quote prior to trade execution.

**i-Trade FX listed target spreads reflect normal market conditions. In the event that market conditions become uncertain, spreads may increase or decrease to accommodate the market. For a comprehensive overview, please refer to the i-Trade FX Client Agreement.

Disclaimer: Forex trading involves significant risk of loss and is not suitable for everyone.