FxPro Spreads & Trading Costs — FxPro Japan 2026
What does trading actually cost at FxPro — and is the Standard or Raw+ account cheaper for you? Spreads, commission and the all-in cost per trade.
Open FxPro Account →Opening a second, opposite position on the same symbol does not switch the spread off - it pays it again. A one-sided trade meets the quote twice over its life, once on the way in and once on the way out. A hedged pair meets it four times, because each leg is opened and closed on its own ticket, and that arithmetic is what decides whether holding both sides is worth doing at all. Only the first of those four moments is normally chosen in calm conditions; the other three are taken at whatever the quote happens to be. And while both legs are open the pair is flat on price but it is not still: one leg is valued at the bid and the other at the ask, so the combined floating figure follows the width of the quote rather than the direction of the market.
Real measured Raw+ spreads and cost
The median spread, all-in cost and how the spread compares with an independent interbank reference feed, measured on FxPro’s own MT5 Raw+ feed — first-hand, not advertised:
| Instrument | Median spread | All-in / lot | All-in (pips) | vs reference |
|---|---|---|---|---|
| EUR/USD | 0.2 pips | $9.00 | 0.9 pips | −0.1 pips |
| GBP/USD | 0.6 pips | $13.00 | 1.3 pips | 0 pips |
| AUD/USD | 0.4 pips | $11.00 | 1.1 pips | −0.5 pips |
| USD/CAD | 0.4 pips | $9.89 | 1.37 pips | −0.7 pips |
| USD/JPY | 0.3 pips | $8.88 | 1.42 pips | 0 pips |
| XAU/USD (Gold) | 15 pips | $22.00 | 22 pips | −42 pips |
‘All-in (pips)’ is also your break-even — the move needed to cover spread plus commission. ‘vs reference’ compares our measured spread with an independent interbank reference feed over the same hours; a negative number means FxPro’s spread was tighter. The round-turn cost is about $77.3 per $1,000,000 traded on EUR/USD. This page is the Standard-vs-Raw+ cost overview; for the live, hour-by-hour measured spread feed see our live spreads page.
How much a trade costs: Standard vs Raw+
| Instrument | Standard spread | Standard cost | Raw+ spread | Raw+ cost + comm | Cheaper |
|---|---|---|---|---|---|
| EUR/USD | 1.2 pips | $12.00 | 0.2 pips | $9.00 | Raw+ |
| GBP/USD | 1.5 pips | $15.00 | 0.4 pips | $11.00 | Raw+ |
| USD/CAD | 1.6 pips | $12.00 | 0.5 pips | $10.75 | Raw+ |
| USD/JPY | 1.3 pips | $9.10 | 0.3 pips | $9.10 | About equal |
Approximate cost for a round-turn standard lot (100,000 units), in USD. Raw+ / cTrader commission is $3.50 per lot per side ($7.00 round turn) on Raw+ and cTrader accounts. Pip values and spreads are variable — confirm live figures in your platform. Last updated 2026-06-20.
Which account is cheaper for you
Raw+ replaces a wider spread with a tighter spread plus a $7 round-turn commission, so it only pays off once the spread saving beats that commission — about 0.7 pips on a $10-per-pip major such as EUR/USD. If the Standard spread is more than roughly 0.7 pips wider than the raw spread, Raw+ is cheaper; if the gap is smaller (or you trade rarely), the Standard all-in spread can win. As a rule of thumb, frequent traders on liquid majors save with Raw+, while occasional traders often prefer Standard.
Open FxPro Account →Typical FxPro spreads (all instruments)
| Instrument | Standard spread | Raw spread |
|---|---|---|
| EUR/USD | 1.2 pips | 0.2 pips |
| GBP/USD | 1.5 pips | 0.4 pips |
| USD/CAD | 1.6 pips | 0.5 pips |
| USD/JPY | 1.3 pips | 0.3 pips |
| Gold (XAU/USD) | 2.5 pips | 1.0 pips |
| US 500 (S&P) | 0.4 pts | 0.4 pts |
Indicative spreads. Metals and indices use different contract sizes — see our gold page for XAU/USD costs.
How a spread becomes a cost
The spread is the gap between the buy and sell price of a contract for difference (CFD). You pay it on entry: spread (in pips) × the pip value of one lot equals your cost. On a Standard account that spread is your whole trading cost; on Raw+ you pay a tighter raw spread plus the $7 round-turn commission. Compare the two on our Raw+ account, MT4 and MT5 pages.
Four crossings, not two
A single position crosses the quote on entry and again on exit, and most explanations of cost stop there. Adding an opposite ticket on the same symbol doubles the count. The second leg is bought or sold at the price standing at that moment, and later both legs have to be closed, so the pair pays the width of the quote four separate times before it is finished. Nothing about the second ticket cancels the first one financially; it only cancels its direction.
That is why the width you looked at when you decided is not the width you end up paying. Four crossings means four different quotes, taken at four different moments, and only the first of them is usually chosen calmly. The honest way to price a pair in advance is to assume four ordinary quotes rather than one good one, and to ask whether the idea still survives that.
A flat pair is not a still one
The moment the second leg fills, the pair stops responding to direction. It does not stop moving. A long leg is valued at the bid and a short leg at the ask, so the combined floating figure carries the width of the quote inside it, and it moves whenever that width moves. A pair created in a calm minute and looked at during a wide one shows a larger negative figure than it did, with the price in exactly the same place.
This surprises people because it looks like a fault. It is not. It is the same charge as always, seen from the only angle where it is visible on its own: with direction removed, the width of the quote is the only thing left to watch. The measured hourly shape on our live spreads page describes when that width is at its narrowest and widest, and a held pair sits inside that shape all day.
What the second ticket does not remove
A pair removes direction and nothing else. The entry cost of the first leg has already been spent and is not refunded. The overnight financing continues on both legs, separately, for as long as they are open. The margin committed to the first position stays committed, and the second one has its own requirement to meet. Holding both sides postpones a decision at a price rather than settling it, and the price is charged in the same three places as always.
Which means the pair has to end somewhere, and it ends the way it began - with tickets. Closing one leg restores direction at whatever price is showing then; closing both ends the position and pays the last two crossings. Neither of those is free, and neither of them is decided by the market. CFD trading carries the risk of loss, and a pair that is flat on price is still an open position with running costs attached.
Pricing both sides before you open either
- Take the width you would pay to enter the position on its own, at the size you intend.
- Assume you will meet that width four times rather than twice, since a pair is two positions.
- Remember the width is charged on the volume of each ticket, so two full-size legs pay four full-size crossings rather than two.
- Ask whether the idea is still worth doing once the entry cost has been counted four times.
- Decide now which of the two legs you would close first, so the third execution is not improvised.
- Check the width in your own platform at the moment each ticket goes out - that is the one you are charged.
The widths quoted on this site are readings, not quotes. The price you meet is the one live in your platform when the order executes.
Where a hedged pair meets the quote
| Moment | What happens to the quote | Chosen or forced? |
|---|---|---|
| First leg opens | Crossed once, at the price standing then | Usually chosen |
| Second, opposite leg opens | Crossed again, on its own ticket | Usually a reaction |
| One leg closes | Crossed a third time, direction returns | A fresh decision |
| The last leg closes | Crossed a fourth time, position ends | A fresh decision |
Four executions, four quotes, four moments. The commission on Raw+ follows the same count.
Frequently asked questions
Does opening a second, opposite position stop the spread?
How many times does a hedged pair cross the spread?
Why does a hedged pair show a loss the moment it is complete?
Can the floating result of a hedged pair change while the price does not?
Does a wider quote make an open pair more expensive to hold?
Which leg of a hedge usually costs the most in spread terms?
Does closing both legs at once avoid paying the spread again?
Is holding both sides cheaper than closing and re-entering later?
Which of the four executions can you actually choose the moment of?
Reviews
Spreads get a thumbs up on the majors and oil — traders call them competitive and reckon orders fill fast. Gold's the sore spot: a few clock it swinging 30–45 pips, way wider than they'd like. The ECN account trades tighter but the commission stings, 'on the higher side.' Fine if you stick to majors — just eyeball the metals spread before you load up.
Worst withdrawal experience bad spread and it really messing with my stop loss I don't recommend them honestly not just to spoil there name but they should do something
I have to claim that I MAINLY satisfied with the services offered by the FxPro broker, but not completely.
Mixed feelings, supposedly top tier broker, but some spreads are rather high and within days of opening account message about dormant account fees.
Fast orders, fair spreads. Easy withdrawals. Stable fxpro platform. commissions for ecn account is on a higher side:-s
Awesome trading platform with unmatched speed of orders execution and tight spreads. I believe this combination is what helps traders earn profits.
I do prefer a raw account’ why! See spreads. Although when I started I liked the spreads in the standard account too but over time liked the idea of commission and near to zero spreads…