SPREADS AND PRICE
Low Spreads and No Commissions
Decimal Point Price
In order to reduce spread as much as possible, we devote ourselves to obtaining the best price from liquidity suppliers. We prompt best bidding price in real-time, concentrate bidding prices from liquidity providers, so as to quote price to clients. Our electronic price setting engine can update the prices of all currency pairs for 3 times in every second, thanks to this, our prices reflect the current global foreign exchange market level.
Fixed Spread and Variable Spread
Same as interbank foreign exchange market, SvoFX develops operation based on variable spread. Fixed spread is usually even higher than variable spread, therefore, when having fixed spread transactions, insurance premium must be paid.
Many brokers that offer fixed spreads will place restrictions on trading before and after a major announcement. In this case your (fixed spread) insurance is of no value. At SvoFX we do not place restrictions on trading during a major announcement.
Main Products and Narrowest Spreads
Crypto
Standard |
Professional |
|
---|---|---|
Symbols | Avg.Pips | Avg.Pips |
BTCUSD | 480 | — |
ETHUSD | 22 | — |
*he above is the minimum spread and may change depending on market conditions.
*Other products can be referenced in MT4.
*Professional accounts are required for the number of traders CFD $2.5/lot).