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Currency Pair Spreads
If you already trade on the Forex, you know that there is a slight difference between the bid and ask prices for any given currency pair. This difference is called the spread and eFOREX offers spreads as low as one (1) pip.
The following chart displays typical eFOREX spreads. Please note: eFOREX reserves the right to revise the following spreads with no prior notice.**
| Currency Pair (Abbreviation) |
Currency Pair (Full Name) |
As Low As |
eFOREX Typical
Spreads |
| EUR / USD |
Euro / U.S. Dollar |
1 |
2.8 |
| USD / JPY |
U.S. Dollar / Japanese Yen |
1 |
2.6 |
| GBP / USD |
British Pound / U.S. Dollar |
1 |
3.2 |
| USD / CHF |
U.S. Dollar / Swiss Franc |
1 |
3.4 |
| USD / CAD |
U.S. Dollar / Canadian Dollar |
1 |
4.8 |
| AUD / USD |
Australian Dollar / U.S. Dollar |
1.1 |
4.1 |
| EUR / GBP |
Euro / British Pound |
1.1 |
4.2 |
| EUR / JPY |
Euro / Japanese Yen |
1.1 |
4.3 |
| GBP / JPY |
British Pound / Japanese Yen |
1.1 |
6.3 |
| CHF / JPY |
Swiss Franc / Japanese Yen |
1 |
4.9 |
| EUR / CHF |
Euro / Swiss Franc |
1.1 |
4.7 |
| NZD / USD |
New Zealand Dollar / U.S. Dollar |
1.4 |
4.5 |
| GBP / CHF |
British Pound / Swiss Franc |
2.0 |
6.9 |
| AUD / JPY |
Australian Dollar / Japanese Yen |
1.4 |
5.6 |
| EUR / AUD |
Euro / Australian Dollar |
1.5 |
6.5 |
| EUR / CAD |
Euro / Canadian Dollar |
1.3 |
7.5 |
| AUD / CAD |
Australian Dollar / Canadian Dollar |
2.5 |
6.5 |
| NZD / JPY |
New Zealand Dollar / Japanese Yen |
1.1 |
5.8 |
| CAD / JPY |
Canadian Dollar / Japanese Yen |
1.6 |
6.5 |
| GBP / AUD |
British Pound / Australian Dollar |
2.4 |
8.1 |
| AUD / NZD |
Australian Dollar / New Zealand Dollar |
1.6 |
7.5 |
| USD / MXN |
U.S. Dollar / Mexican Peso |
Variable |
Variable |
| USD / HKD |
U.S. Dollar / Hong Kong Dollar |
17.2 |
18.2 |
| USD / SGD |
U.S. Dollar / Singapore Dollar |
4.7 |
7.1 |
| USD / ZAR* |
U.S. Dollar / South African Rand |
Variable |
Variable |
| EUR / HKD |
Euro / Hong Kong Dollar |
Variable |
Variable |
| EUR / SGD |
Euro / Singapore Dollar |
Variable |
Variable |
| SGD / JPY |
Singapore Dollar / Japanese Yen |
Variable |
Variable |
| SGD / HKD |
Singapore Dollar / Hong Kong Dollar |
Variable |
Variable |
| USD / HUF* |
U.S. Dollar / Hungarian Forint |
Variable |
Variable |
| EUR / HUF* |
Euro / Hungarian Forint |
Variable |
Variable |
| EUR / TRY |
Euro / Turkish Lira |
7.2 |
15.2 |
| GBP / NZD |
British Pound / New Zealand dollar |
7 |
17.2 |
| EUR / NZD |
Euro / New Zealand dollar |
3.2 |
9.2 |
| AUD / CHF |
Australian dollar / Swiss franc |
2.6 |
4.9 |
| GBP / CAD |
British Pound / Canadian dollar |
3 |
8.3 |
| USD / TRY |
U.S. Dollar / Turkish Lira |
4.2 |
9.2 |
* The noted currency pairs may only be traded Monday through Friday during the following Greenwich Mean Time (GMT) 7.00 to 15.00+
+GMT equates to 3:00 A.M. DST to 11:00 A.M. DST
+GMT equates to 2:00 A.M. EST to 10:00 A.M. EST
eFOREX may accept Market Orders outside of the noted trading times. However, eFOREX will not be held liable for any losses due to potential price volatility between the stated market close and the stated market open the following trading day.
The standard industry practice for currency dealers regarding the noted currencies is to set market levels and execute orders manually without the use of automated systems or services. eFOREX reserves the right to re-quote prior to trade execution.
** In the event that market conditions become uncertain, spreads may increase or decrease to accommodate the market. For a comprehensive overview, please refer to the eFOREX Client Agreement.
Disclaimer: Forex trading involves significant risk of loss and is not suitable for everyone.
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