Two Pricing Models
The first is our ECN model which is leading the way in ECN Forex trading. With our ECN (Electronic Communication Network) we provide a way for the retail trader to trade on prices streamed by multiple large banks and prime brokers. This ensures that all market participants are given equal access and a fair trading environment as well as the best prices, the best spreads, and the fastest executions. With our ECN model you will enjoy spreads starting at just .4 PIP’s. Below you will find a breakdown of the “Average” spread on the Majors.
Fixed Spread Pricing
The second model we have available is our fixed spread model. Many traders prefer to have a fixed spread. This works extremely well for traders using EA’s (expert advisers) and need a stable trading environment. With our fixed spread feed you will not have to worry about the spreads increasing around news or during the Asian session which is quite common. Our fixed spread feed starts at 3.0 pips on the EURUSD. Below you will find the spreads for the four majors.
5th Decimal Advantage
Our platform breaks the currency value down to 5 places outside the decimal. This is a major advantage as the value of a pip is being broken into 1/10th parts. The advantage is you can trade inside the pip. If 1 pip is $10 in 4 decimal, now, .1 pip is 1$ in 5 decimal (1/10 of 1 is .1) Another advantage is you can trade Standard lots, Mini lots and Micro lots all from the same trading account. Our aim is to provide you with very competitive transaction costs and tight bid/ask spreads on every currency pair.