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Commission &

Commissions and spreads

Forex live spreads

Spread is essentially the difference between the bid and the ask price. As traders always trade one currency for another, forex currencies are always quoted in terms of what the price is currently compared to another. To make things easy they are written in pairs. E.g. AUD/USD (Australian Dollar/US Dollar – AUD is the ‘base currency’ and USD is called the ‘counter’. If it took $1.5 AUD to buy $1 USD this would be written as 1.5/1.

If you choose to open and trade on a LEIWOW FX RAW ECN account, you will find some of the lowest spreads in the industry. Trade on institutional grade liquidity, sourced directly from some of the world’s biggest banks with absolutely no mark-up applied at our end. This sort of liquidity and access to tight spread as low as zero, is no longer just the domain of hedge funds.

Check live spreads

1. Open the Market Watch on the LEIWOW FX MT4 Platform.

2. Right click inside the Market Watch and click ‘Spreads’

3. You will now have a 4th column displaying the Spread for each Forex currency pair, Commodity or Indices market.

Normal spreads on STP and ECN accounts

For Standard STP account

  Currency pairs Spreads (ref only)  
  EURUSD from 1.3  
  GBPUSD from 1.8  
  AUDUSD from 1.6  
  USDJPY from 1.5  

For RAW ECN account

  Currency pairs Spreads (ref only)  
  EURUSD from 0.0  
  GBPUSD from 0.6  
  AUDUSD from 0.4  
  USDJPY from 0.5  
ECN commission charges

Please refer to the following table for a full list of RAW ECN commission charges, in the denomination of your trading account. We have split the table between commission per 0.01 lots and 1.00 lots to make it easier for you to calculate, depending on your trading volume.

  Trading Account
Commission per 0.01 LOTS
(1,000 base currency)
Commission per 1 LOT
(100,000 base currency)
Australian Dollar
AUD $0.03
(round turn $0.06)
AUD $3
(round turn $6)
US Dollar
USD $0.03
(round turn $0.06)
USD $3
(round turn $6)
Pound Sterling
GBP £0.02
(round turn £0.04)
GBP £2
(round turn £4)
EUR €0.025
(round turn €0.05)
EUR €2.5
(round turn € 5)
Canadian Dollar
CAD $0.03
(round turn $0.06)
CAD $3
(round turn $6)