Tight Forex Spreads

One of the most important aspects of Forex trading is the spreads. At Forexray, we do our best to provide the traders with the tightest spreads at any time you wish to trade.

Spread

Spread refers to the gap between the Ask price and the Bid. This is the commission traders pay the broker in exchange for their services, it is measured in Pips.

When trading with Forex currency pairs, you will find quotes referring to the pairs. These are what refer to the Base currency in a pair. Bid refers to the selling price of Base Currency while Ask is the buying price of Base currency. For instance if you plan on buying 1 Euro, you pay the Ask price for it, but when you sell it, you sell it for the Bid price.

Pips

The smallest movement in currency price is calculated in pips. It is in fourth decimal place.

Lots

These are the contract sizes in Forex markets. At Forexray, the minimum limit for lot size is 0.01 lots.

Forexray’s Forex Spreads

We strive to offer our traders the tightest Forex Spreads out there. The best way to provide these is through a combination of Capped Variable Spreads and Fixed Spreads (fixed Forex spreads must be a popular currency pair and at the time of a busy market time period. We also offer Capped Variable Spreads to clients 24 hours for exotic and minor Forex currency pairs.

Tight Fixed Spreads

For the top traded currency pairs (we are talking JPY/USD, GBP/USD, and EUR/USD), Forexray offers tight spreads starting from 8 in the morning till 6: 30 pm, according to UK time. This also means that one can trade the markets with peace of mind that you are trading in the exact tight Forex spread regardless of how volatile the underlying market spreads may be. For instance around the time of a major announcement about economic data or news, the Forex spreads can widen.   

We offer the following foxed spreads for popular currency pairs.

  •  1 pip- EUR/USD
  •  1 pip- USD/JPY
  •  1.5 pips- GBP/USD

Capped Variable Spreads

Outside the hours for fixed spreads, all popular markets are traded with Capped Variable Spreads. Here we place a cap on the maximum amount with a distinct advantage. For instance, outside of the fixed spread hours as mentioned above, the spread on the currency pair GBP/USD caps at 4 pips. This means that even when underlying GBP/USD market spreads to 5 pips, Forexray will stay capped at 4 pips.  

ForexRay Team

ForexRayTeam has an extensive range of financial instruments allowing individuals and establishments to make investments in exchange and stock markets.

ForexRay Team

We provides many representative locations worldwide. Most of them are located in Asia where the business has accomplished the biggest successes.

ForexRay Team

Our staff members are knowledgeable professionals. Transparency, understanding and personal strategy are our top priorities which present a model to emulate to stockbrokers in Russia plus European and Asian countries.

100% Segregated Account

100% Segregated Account

An exclusive partner program

An exclusive partner program

Most Innovative Broker 2015

Most Innovative Broker 2015

Email Us

support@forexray.com

Call Us

Belize: +501 605 8832

Chat with Us

Support 24/6