FxPro Spreads & Trading Costs

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:

‘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+

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.

Typical FxPro spreads (all instruments)

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.

A price list and a permission are two different documents

This page is a price list. It says what one lot costs to enter and says nothing about whether your account may open one. The second question is settled by a standing setting that lives on the account and never appears in a quote. Running the two together produces the most common complaint about spreads that has nothing to do with spreads: a ticket refused for room, read as a ticket refused for price.

They also run on different clocks. A charge is an event - it happens when an order executes and then it is over. A leverage setting is a state: it applies continuously to whatever is open, and it does nothing at all until a ticket is sent. A state cannot appear in a table of per-event charges, which is why there is no leverage column above and never will be.

What actually changed when the setting changed

Raise it and read this page again. Every pip figure, every all-in figure, the commission line and the shape of the hourly profile stand exactly where they were. What moved is not printed here at all: the room behind a ticket. The same lot now ties up a smaller share of the account, so requests that were refused are accepted and requests that were already accepted leave more standing behind them.

That is a permission, not a discount. Nothing was returned and no charge was reduced - the account was allowed to commit less in order to hold the same thing. Reading it as a saving is where the trouble usually starts, because the room that was freed tends to be spent at once on the one thing that genuinely raises the bill.

The one route by which a setting reaches the bill

That route runs through count, not through rate. Everything quoted above is quoted per lot, so a setting that permits more lots permits a proportionally larger charge at a rate nobody touched. Nothing was re-priced; more of the same price was bought.

It follows that two periods are only comparable at a fixed number of lots. A total can climb steeply after a setting change while every figure on this page is untouched, and reading that climb as a change in pricing is reading the count as though it were the rate. The rate is the constant here. The count is the part a standing setting quietly edits.

Two controls on one sign-up screen, and neither substitutes for the other

Both account families accept the same leverage figures, so the pricing model and the setting are not alternatives. Choosing a raw-pricing account in order to trade a larger size is reaching for the wrong control: the size is permitted by the setting and priced by the model, and no amount of one will do the work of the other.

Fix the size first and each control answers one question cleanly. With a size in hand the model question becomes a single comparison at that size, and the setting question becomes a question about what that size commits. Taken in the other order the answer to both is mostly a restatement of whichever setting you happened to start from.

The direction nobody writes about: lowering the setting

Almost everything said about leverage is said about raising it. The other direction is the interesting one, because it is the only change that can reach something already open. A lower setting means the same open lots ask for a larger reservation, so the part of the account standing free shrinks by the difference - with no charge having occurred anywhere and nothing on this price list having moved by a hundredth of a pip.

The two directions are therefore not mirror images of each other. Raising is a permission that takes effect the next time a ticket is sent. Lowering re-prices what is already there. That asymmetry is the reason the setting is worth deciding before positions exist rather than while they are running, and it is invisible on any page that lists charges, this one included.

Telling a price problem from a room problem

1. Read the quote for that symbol at the moment the request went out, rather than the median in the table above.
2. Check the request against the published size rules - the floor, the step and the ceiling are on our trading conditions page.
3. Work out what the same size ties up at your setting: 3.33% of notional at 1:30, 1% at 1:100, 0.5% at 1:200.
4. Compare that with what the account had standing free at the time, counting whatever was already open.
5. If the first two steps were fine and the fourth was not, the refusal belongs to the setting and the balance, and no figure on this page would have changed it.

Only the first step is a question about price. The rest are questions about room, and room is settled off this page entirely.

A standing setting against a per-order charge

The shares of notional follow from the leverage figure alone: 3.33% at 1:30, 1% at 1:100 and 0.5% at 1:200. Every measured figure above sits on the right-hand column and answers to neither.

Related FxPro pages