FxPro offers competitive spreads on its trading platforms, with the cTrader account featuring lower spreads on FX and metals but charging a commission of $45 per $1 million traded. Spreads at FxPro are mostly floating, meaning they fluctuate with market conditions, except for the MT4 Fixed account, which provides fixed spreads on seven major currency pairs during specific time frames. The difference between floating and fixed spreads is significant, with floating spreads being market-driven and typically lower but more unpredictable, while fixed spreads offer stability but may be higher. Many brokers now favor floating spreads, especially ECN models, as they facilitate better market pricing but may cause price fluctuations that impact order execution. While floating spreads can sometimes be lower, fixed spreads are generally preferred for their predictability, reducing risks for traders.

FxPro Spreads: Fixed vs Floating – Which is Better for Forex Traders?

Trade smarter with FxPro’s competitive spreads—choose between fixed and floating options for optimal trading performance.

FXPro’s Fixed and Floating Spread

FXPro offers competitive spreads across all the platforms, with 0 commission.

On the cTrader platform account, however, spreads on FX & metals are much lower, but have an additional commission charged when you enter and exit a position. The commission is $45 per $1million USD traded.

For the minimum and average spreads for each account type, please check the specifications for the specific instrument.

First, you need to select from the “Markets” Tab the underlying category and then click on the specific instrument of your choice to check the average spread.

Spreads are floating, which means they are variable and fluctuate according to market conditions, with the exception of the ‘MT4 Fixed’ account which offers fixed spreads on 7 major FX pairs during certain time periods.

For details of the Fixed spreads, please check the website specifications for EURGBP, EURJPY, EURUSD, GBPJPY, GBPUSD, USDCAD &USDJPY.

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Floating Spread vs Fixed Spread

The difference between the ask price and the bid price is the spread and is measured in pips.

Taking into account the spread at the time of trading is a very important factor because the spread is considered a commission payable by clients for their trading operations.

Modern brokerages work in the Forex and CFD markets to offer their clients different types of trading accounts with different spreads and different trading conditions.

Spreads can be divided into two major groups:

• Fixed Spread Broker
• Floating spread broker

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Fixed spread

As the name suggests, this type of spread does not change over time, with normal fluctuations.

This does not include situations when the market fluctuates significantly in a very short period of time, in which case the spread will increase for a short time, i.e. a new Fixed level; when the market calms down and returns to normal liquidity, the spread will return to the normal level.

Despite the high price volatility, fixed spread betting is still a good investment choice for investors, because it is more predictable, that is Say the risk is lower.

In recent years the big competing brokerages have been trying to offer some innovations including the case with spreads.

More companies are introducing floating spreads.

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Floating spread

Floating spreads in the foreign exchange market and CFDs are constantly changing the value between the purchase price and the bid price. Floating spreads – a purely market phenomenon and it is, above all, for interbank relations.

Therefore usually trading accounts with floating The spreads that several companies offer to their clients are so-called ECN (Electronic Communication Network).

ECN Forex brokers provide a platform where participants (banks, market makers and private investors), and transactions are submitted through a system of buy and sell applications Procedures to each other.

Clients trading on ECN tend to lower spreads, but at the same time working on this account they pay your brokerage fee.

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Do you prefer Fixed or Floating Spread?

In general, if you compare the spread which is more important to benefit the client, from our point of view it is a fixed but fairly low spread.

Often, with advertised floating spreads, brokers emphasize the fact that it is a real “market” and lower than a fixed range.

This is true in theory, but in practice, in real trading, especially in positive volatility In the market, clients have problems with floating spreads and they are not ready for it.

One such problem is increased spreads, which can climb up to 8-10 pips on major currency pairs.

Also, orders can be executed at prices that are substantially more than The declared value and, therefore, the broker’s client-side cannot be generated without claims.

Traders, systematically trading, with regard to the mandatory use of stop-loss orders, cannot fully predict their trades because the broker may deliberately disturb the “stop-loss”, which refers to the market situation.

Thus, we again note that the fixed low spreads are easier and more predictable than the band for the client.

FAQs

What types of spreads does FxPro offer?

FxPro offers both fixed and floating spreads across its trading platforms.

Which FxPro account has the lowest spreads?

The cTrader account offers the lowest spreads on FX and metals but charges a commission.

What is the commission for trading on FxPro’s cTrader account?

FxPro charges a commission of $45 per $1 million USD traded on cTrader.

What is the advantage of a fixed spread?

Fixed spreads offer stability and predictability, helping traders manage risks more effectively.

Are floating spreads better than fixed spreads?

Floating spreads can be lower than fixed spreads but fluctuate based on market conditions, which may impact order execution.

Does FxPro offer fixed spreads on all trading platforms?

No, only the MT4 Fixed account provides fixed spreads on seven major FX pairs.

How can I check FxPro’s spread details?

Traders can check specific spread details on FxPro’s website by selecting an instrument under the “Markets” tab.

What is an ECN broker?

ECN brokers, like some FxPro accounts, provide direct market access with floating spreads and commission-based pricing.

Which is better for beginners: fixed or floating spreads?

Fixed spreads are often better for beginners due to their stability and predictability in cost.

Can floating spreads increase significantly?

Yes, during high market volatility, floating spreads can rise significantly, sometimes reaching 8-10 pips on major currency pairs.