Live Raw+ Spreads: the Table Leverage Cannot Move · FxPro Morocco
Real spreads we recorded on FxPro’s own MetaTrader 5 Raw+ feed — 6 instruments, 3,150,815 ticks sampled, last captured 2026-08-28. The spread you actually trade on, not a marketing ‘from 0.0’.
Open FxPro Account →Nothing in the readings on this page depends on the leverage you hold. A spread is a distance between two prices in the market and it is quoted per lot, so the same reading applies at 1:30 and at 1:200. Leverage enters afterwards, in two places: it decides how many lots a balance can put behind the reading, and it decides how much free margin is left while those lots carry it. A position opens showing the spread as an unrealised loss, and unrealised results move equity - which is why the same widening is barely visible on a lightly committed account and material on a fully committed one.
This is the live, hour-by-hour measured spread feed (refreshed daily). For the Standard vs Raw+ cost comparison and fees, see our spreads & costs page.
Measured Raw+ spreads (pips)
| Instrument | Best (min) | Typical (median) | Busy market (p90) | At capture | Ticks sampled |
|---|---|---|---|---|---|
| EUR/USD | 0.2 | 0.2 | 0.2 | 0.2 | 354,500 |
| GBP/USD | 0.6 | 0.6 | 0.6 | 0.6 | 489,121 |
| AUD/USD | 0.2 | 0.4 | 0.8 | 0.2 | 427,708 |
| USD/CAD | 0.1 | 0.4 | 0.5 | 0.4 | 432,641 |
| USD/JPY | 0.3 | 0.3 | 0.5 | 0.3 | 485,627 |
| XAU/USD (Gold) | 15 | 15 | 19 | 15 | 961,218 |
Best = the tightest quiet-market quote we saw; Typical = the median you usually trade; Busy market = the wider spread to expect about 10% of the time (news, rollover, thin liquidity). ‘At capture’ is the live spread at the last reading. Metals such as XAU/USD use a different contract size, so their cash cost is on our gold page. Server FxPro-MT5 Demo, feed 2026.08.28 08:55:11.
Spread through the trading day (measured, last 24h)
| Instrument | Tightest (avg) | Widest (avg) | Worst spike | Through the day |
|---|---|---|---|---|
| EUR/USD | 0.2 (03:00) | 1.33 (00:00) | 7.4 (00:00) | |
| GBP/USD | 0.6 (03:00) | 4.636 (00:00) | 15 (00:00) | |
| AUD/USD | 0.295 (21:00) | 4.447 (00:00) | 25 (23:00) | |
| USD/CAD | 0.291 (09:00) | 5.355 (00:00) | 25 (23:00) | |
| USD/JPY | 0.3 (08:00) | 4.671 (00:00) | 16 (23:00) | |
| XAU/USD (Gold) | 15 (08:00) | 143.092 (00:00) | 175 (00:00) |
Table hours are FxPro server time (about UTC+3 / EET); the highlighted guidance above is shown in WEST. Average pip spread by hour over the last 24 hours, with the worst single-tick spike. Spreads run tightest in the peak London–New York overlap and widen around the 00:00 server rollover and the thinner Asian hours — the sparkline is each instrument’s daily shape.
What it costs you per lot (Raw+)
| Instrument | Typical spread | Spread cost / lot | Commission (round turn) | All-in / lot | All-in (pips) |
|---|---|---|---|---|---|
| EUR/USD | 0.2 pips | $2.00 | $7.00 | $9.00 | 0.9 pips |
| GBP/USD | 0.6 pips | $6.00 | $7.00 | $13.00 | 1.3 pips |
| AUD/USD | 0.4 pips | $4.00 | $7.00 | $11.00 | 1.1 pips |
| USD/CAD | 0.4 pips | $2.89 | $7.00 | $9.89 | 1.37 pips |
| USD/JPY | 0.3 pips | $1.88 | $7.00 | $8.88 | 1.42 pips |
| XAU/USD (Gold) | 15 pips | $15.00 | $7.00 | $22.00 | 22 pips |
All-in round-turn cost for one standard lot (100,000 units): typical spread × pip value, plus the $7 Raw+ commission ($3.50 per lot per side ($7.00 round turn) on Raw+ and cTrader accounts). On a Standard account you pay a wider spread instead of that commission — see the full spreads and costs page.
Open FxPro Account →Advertised ‘from 0.0’ vs what we measured
FxPro markets Raw+ as spreads ‘from 0.0 pips’ — a best-case floor. Across our sample the tightest EUR/USD quote we recorded was 0.2 pips and the typical was 0.2 pips. That is normal: the ‘from’ figure is a floor you rarely trade on, so judge a Raw+ account by its typical spread and how far it widens under load (the p90 column), not the headline number.
How we measured this
- Recorded on FxPro's own MetaTrader 5 Raw+ account — the broker's real pricing feed, not a third-party estimate.
- Captured in-terminal by an MQL5 expert advisor that logs every tick's bid and ask, so the spread is exactly what the platform shows.
- 3,150,815 ticks across 6 instruments; the figures refresh on a schedule.
- Demo and live Raw+ share the same pricing feed, so these spreads are representative of a funded account.
Spreads are variable and widen around high-impact news and the daily rollover. Past readings do not guarantee future spreads. Last updated 2026-08-28.
At entry it is a cost. While you hold it is part of equity
The spread is paid once, but it stays visible for as long as the position is open, because a buy is valued at the other side of the quote from its first second. Every later widening moves the unrealised figure the same way without the price you were filled at changing at all. That makes it a cost story at entry and a margin story for the rest of the trade.
Free margin is what equity has left after the reservation, so anything that moves equity moves free margin one for one. A widening of the kind the busy-market column above records is therefore not only a worse entry for the next trade. On positions already open it is a live reduction of the cushion, and it happens without the market having gone anywhere.
Why one reading lands differently on two leverage settings
Take a single reading and two accounts with the same balance. The one at the lower setting can carry fewer lots, so the cash effect of a widening is smaller and the reservation it sits against is larger. The one at the higher setting can carry more, and the interesting case is what happens if it does.
Spend the freed room on extra lots and the reservation comes back to roughly where it started while the exposure behind it is several times bigger. The same widening now moves equity several times as much against a cushion of the old size. That is the whole mechanism by which a spread reading, which knows nothing about your account, ends up mattering far more to one account than to another.
Reading this page for a position you already hold
For an entry, the useful column is the typical one. For something already open, it is the busy-market one, because that describes the worst of what the cushion may have to absorb with no price direction involved at all. None of it is a forecast; it is a range the same instrument has already produced on the same feed.
The habit that follows is small. Before committing the last of the free margin, look at the gap between the two columns for that instrument and treat it as movement the account will see without earning it. On a lightly committed account it is noise. On one where the reservation has taken most of the balance, it is a share of what is left, and it arrives on nights when nothing about your position has changed.
Same reading, two leverage settings, same balance
| What you are reading | Depends on the leverage setting? | Why |
|---|---|---|
| The spread in pips above | No | it is a distance inside the market's own quote |
| Cost of one lot at that spread | No | priced from contract size, 100,000 units on an FX major |
| Commission in the all-in column | No | a flat $3.50 per lot per side |
| Lots the balance can put behind it | Yes | the reservation is the notional divided by the leverage |
| Free margin while the position runs | Yes | equity less that reservation |
| Effect of a widening on the cushion | Yes, through size | more lots move equity more for the same widening |
The first three rows are read from the measured tables above and are identical for every account. The last three belong to yours.