In every financial market, understanding costs is key, especially the spread, which is the difference between the buy and sell price of an asset. Traders know that the Bid-Ask spread can greatly influence profitability; higher spreads mean higher costs.
With our competitive spreads, you’ll find the perfect account to elevate your trading experience and seize great opportunities.
All trading involves risk. It is possible to lose all your capital.
| Sphere Basic | Sphere Supreme Upgrade* |
Sphere Max Upgrade* |
|
|---|---|---|---|
 EUR/USD |
1.2 | 0.9 | 0.7 |
 EUR/CHF |
2.0 | 1.7 | 1.5 |
 EUR/GBP |
1.3 | 1.0 | 0.8 |
 EUR/JPY |
1.7 | 1.4 | 1.2 |
 GBP/CHF |
2.5 | 2.2 | 2.0 |
High spreads occur when there is a significant difference between ask and bid prices, typically seen in emerging market currency pairs. High spreads usually indicate lower liquidity or increased volatility, especially before major news or political events. In contrast, low spreads, which indicate a narrow difference between ask and bid prices, are preferred by traders as they suggest better liquidity and less volatility, facilitating cost-effective trading during active market sessions.
Market volatility often increases due to news events, creating uncertainty among traders. Economic data releases can shift market sentiment, leading liquidity providers to widen spreads to manage the risks of sudden price changes.
