Spreads of XM
Tight Spreads as Low as 1 pip
- Tight spreads as low as 1 pip on all major currency pairs
- Over 60 financial instruments
- NO commissions, NO hidden fees
- The same spreads for all trading account types
- Best execution policy
- Fractional pip pricing
To keep spreads as narrow as possible, we aim to get optimal prices from all our liquidity providers. It is from over 70 liquidity sources that we get real-time prices aggregated in order to offer optimal bid and offer prices to clients. Our electronic pricing engine allows us price updating on every currency pair three times per second, and thanks to this our prices reflect the current global forex market levels.
John Papatheodoulou, Chief Dealer
XM does not publish indicative prices – each and every price we publish is executable.
Fixed or Variable Spreads
XM operates with variable spreads, just like the interbank forex market. Because fixed spreads are usually higher than variable spreads, in case you trade fixed spreads, you will have to pay for an insurance premium.
Many times, forex brokers who offer fixed spreads apply trading restrictions around the time of news announcements – and these results in your insurance becoming worthless.
XM imposes no restrictions on trading during news releases.
Fractional Pip Pricing
XM also offers fractional pip pricing to get the best prices from its various liquidity providers. Instead of 4-digit quoting prices, clients can benefit from even the smallest price movements by adding a fifth digit (fraction).Fractional pip pricing allows tighter spreads and it is also the most accurate quoting possible. With fractional pip pricing you can trade with tighter spreads and enjoy most accurate quoting possible.
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