Spreads

TIGHT SPREADS

 

Tight spreads as low as 2 pip on all major currency pairs
NO commissions, NO hidden fees
The same spreads for all trading account types
Best execution policy
Fractional pip pricing
 

 

SMPFOREX offers all traders, without exception, the same tight spreads for all account types and trade sizes, without charging any extra fees or commissions. We recognize the fact that tight spreads only make sense if you can trade on them. That is why we attribute such a great importance to our execution quality. SMPFOREX does not publish indicative prices – each and every price we publish is executable.

 

FIXED OR VARIABLE SPREADS

 

SMPFOREX operates with variable spreads, just like the interbank forex market. Because fixed spreads are usually higher than variable spreads, in case you trade fixed spreads, you will have to pay for an insurance premium.

 

Many times, forex brokers who offer fixed spreads apply trading restrictions around the time of news announcements – and this results in your insurance becoming worthless. SMPFOREX imposes no restrictions on trading during news releases.

 

FRACTIONAL PIP PRICING

 

SMPFOREX also offers fractional pip pricing to get the best prices from its various liquidity providers. Instead of 4-digit quoting prices, clients can benefit from even the smallest price movements by adding a fifth digit (fraction).

 

Fractional pip pricing allows tighter spreads and it is also the most accurate quoting possible. With fractional pip pricing you can trade with tighter spreads and enjoy most accurate quoting possible.

 

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