FXON

Ultra-tight spreads
from 0.0 pips.

Pole position pricing across forex, metals, and indices. Our deep liquidity pool and ECN model deliver raw spreads with no markup — giving you the edge to trade at the front of the grid.

Spreads From
0.0 pips
Spread Type
Variable
EUR/USD Avg
0.1 pips
Pricing Model
ECN Raw
Markup
None

What is a spread?

The spread is the difference between the bid (sell) price and the ask (buy) price of an instrument. It represents the primary cost of opening a trade and is measured in pips.

For example, if EUR/USD has a bid of 1.08420 and an ask of 1.08421, the spread is 0.1 pips. The tighter the spread, the less the market needs to move in your favour before you're in profit.

At FXON, our ECN model aggregates pricing from multiple tier-1 liquidity providers to deliver the tightest possible spreads with no dealing desk interference.

Spread Cost Example

EUR/USD with 0.1 pip spread on a 1 standard lot (100,000 units):

Spread cost = 0.1 pip × $10 per pip = $1.00

This is the total cost to open and close the position (excluding commission). Lower spreads mean lower trading costs and faster break-even.

Spread comparison
across account types

Typical spreads during normal market conditions (London/New York session overlap). All values shown in pips.

Forex Majors
Instrument Classic ECN Pro ECN VIP ECN
EUR/USD0.80.20.0
GBP/USD1.00.40.2
USD/JPY0.90.30.1
AUD/USD1.00.40.2
Metals
Instrument Classic ECN Pro ECN VIP ECN
XAU/USD (Gold)2.51.50.8
XAG/USD (Silver)2.81.81.0
Indices
Instrument Classic ECN Pro ECN VIP ECN
US30 (Dow Jones)2.01.20.8
NAS100 (Nasdaq)1.81.00.6

Spreads are variable and may widen during periods of low liquidity, high volatility, or major economic releases. Values shown are typical averages.

Variable spreads.
Why we chose them.

FXON uses variable (floating) spreads because they deliver the best possible pricing in real-time market conditions.

Variable Spreads (FXON)
  • Reflect real-time market liquidity
  • Tighter during peak hours (London/NY overlap)
  • Raw pricing from liquidity providers
  • No artificial widening or manipulation
  • Can reach 0.0 pips on major pairs
Fixed Spreads (Other Brokers)
  • Set by the broker, not the market
  • Wider than variable during peak hours
  • Include a markup to offset broker risk
  • May still widen during extreme events
  • Often come with dealing desk execution

What affects
spread width?

Market Liquidity

Higher liquidity means tighter spreads. EUR/USD during London session typically has the narrowest spreads due to massive trading volume.

Time of Day

Spreads are tightest during the London-New York overlap (13:00–17:00 GMT) and wider during the Asian session or around daily rollovers.

Economic Events

Major news releases (NFP, central bank decisions, GDP) can cause temporary spread widening as liquidity thins before the announcement.

Market Volatility

Sudden price shocks or geopolitical events can increase spreads. Our multi-provider model helps minimise this impact.

Instrument Type

Major forex pairs have the tightest spreads. Exotics, metals, and indices typically carry wider spreads due to lower relative liquidity.

Liquidity Providers

FXON aggregates pricing from multiple tier-1 banks and non-bank LPs, ensuring competitive pricing even in fast-moving conditions.

Benefits of
tight spreads

Every fraction of a pip counts. Tighter spreads give you a measurable advantage over time — like shaving milliseconds off every lap.

01
Lower Trading Costs

Less distance between entry and break-even. Your trade is profitable faster with tighter spreads.

02
Better for Scalping

Tight spreads are essential for high-frequency strategies where you target small price movements.

03
Improved Fill Quality

Narrow spreads indicate deep liquidity, which means better execution and less slippage on your orders.

04
Compounding Savings

Over hundreds of trades, even 0.2 pips saved per trade adds up to significant cost reduction.

Race-winning spreads.
Start from 0.0 pips.

Open your FXON account and trade with institutional-grade spreads across all markets.

Open Live Account
No minimum deposit on Classic ECN