Spreads and handling fees

what is Spread? And handling fee?

     The spread is the bid-ask spread between the market bid price and the ask price, for example, If the euro sells to the dollar at 1.08895 and the buy price is 1.08883, the difference (12) is the spread. At tfbmarking, traders can benefit from our extensive network of foreign exchange liquidity providers, which enables tfbmarking to offer extremely low bid-ask spreads on major currency pairs to help reduce your transaction costs.

    Our advanced execution algorithm can take advantage of this Liquidity, To provide customers with the best bid and sell price. Therefore, the spreads we provide are not only low, but also stable in the industry , This feature is reflected in the news release and market volatility More obvious. The spread is actually the cost of our transaction ,onForex MarketThis is almost the only one in the transaction transaction cost, equivalent to stock tradingbrokersThe transaction fee charged, we do not charge a handling fee.

     to Euro/US$for example:

    Buy The purchase price (Bid) is 1.16775, and the selling price (Ask) is < Span style=”font-family: Calibri;”>1.16790, there is a spread between 15 points between the bid and ask prices. If you want to buy one at this timeEUR, will be at 1.16790 deal, Profit and loss will show 15 points, ie -15 USD (15*$1=$15) loss value.

     Based on different volatility and effective liquidity, FTXBROKER’s bid-ask spread is floating, and the floating spread will change at any time. The floating spread reference can be viewed in the following figure:

Foreign exchange
EUR/USD 15 AUD/USD 20 GBP/USD 17
GBP/JPY 28 NZD/USD 22 USD/JPY 15
USD/CHF 18 EUR/CHF 26 USD/CAD 24
EUR/GBP 24 EUR/JPY 22 AUD/JPY 23
AUD/CAD 24 AUD/CHF 34 AUD/NZD 36
EUR/AUD 27 EUR/CAD 31 CHF/JPY 23
EUR/NZD 41 NZD/JPY 26 NZD/CHF 45
GBP/AUD 40 GBP/CAD 46 GBP/CHF 35
GBP/NZD 58 NZD/CAD 47
metal
XAU/USD 50 XAG/USD 47
index
AUS200 102 GER30 250 JPN225 1002
UK100 102 SPX500 166