A spread is the difference between the sell and buy price.
Onar Capital offers variable spreads on our cTrader forex trading platform. We are able to offer tight spreads on this platform by providing it with Raw Pricing connectivity. Over 25 liquidity sources are pricing into our network at any given time to ensure our spreads remain tight and liquidity deep 24/7.
Our typical spreads are illustrated below. Spreads can go as low as 0.0 pips* on our cTrader Raw Spread platform.
Instrument specifications are subject to change. The most accurate details are those displayed in your account through the electronic trading system.
Key Information about Spreads
Trade Cost Calculation
To calculate the cost of a trade (excluding swaps and commissions) multiply the spread and pip value by the number of lots traded:
Trade Cost = Spread x Trade Size x Pip Value
For example:
Assuming you’re trading with mini lots which are 10,000 base units. You open a trade that has 0.8 pips spread.
The pip value is at $1, so the transaction cost is $0.80
Swaps
A forex swap rate or rollover is defined as the overnight interest added or deducted for holding a position open overnight. Swap rates are determined by the overnight interest rate differential between the two currencies involved in the pair and whether the position is long or short.
