Currency pairs with small spreads

The size of the spread on currency pairs on Forex is important when using large leverage; the difference in a fraction of a point can grow into a significant amount , and if a trader enters into a large number of transactions, then this amount increases in proportion to their number.

This is why it is so important to choose a currency pair with the smallest spread.

Typically, such pairs include those that include the European currency or the American dollar; small spreads can also be found on other trading instruments.

It should also be noted that the size of the floating spread can change dynamically depending on the liquidity of the asset in the market.

Depending on various factors, liquidity for the same asset may fall or rise.

Currency pairs and average spreads for various Forex brokers in points.

EUR/USD - 0.8 to 1.2
GBP/USD - 1.1 to 1.6
USD/CHF - 1 to 1.3
USD/JPY - 1 to 1.3
USD/CAD - 1 to 1.3
AUD /USD - 0.9 to 1.3
EUR/GBP - 0.9 to 1.3
EUR/CHF - 0.8 to 1.4
EUR/JPY - 0.8 to 1.4
AUDJPY - 1.0 to 1 .7
CADJPY - 1.1 to 1.8

The list shows exactly the average spread, the minimum spread is usually lower by a couple of tenths of points, while the maximum size can increase tens of times during news releases or when the liquidity of the trading instrument is low .

In addition, you should pay attention to which session you are trading; for example, the European session has the lowest spreads for euro currency pairs. Correctly chosen trading time will help you save more than one commission point. Also, the amount of the commission differs significantly from different DCs; you can compare the spread sizes on the “ Broker Spreads ” page.