Currency Pairs and Forex Trading Spreads
As of January 8th 2010, we have tightened our spreads on many of our major and
minor currency pairs to provide competitive prices to our clients. Typical
spreads have reduced by an average of one third, with some forex pairs enjoying
even tighter prices, such as GBP/USD with a new typical spread of just 2.2 pips.
Our dealing spreads are outlined below, provided in pip terms, under normal market
conditions. This covers all 34 currency pairs offered by dbFX, with spreads as low
as 1.5 pips. Please note that these spreads will fluctuate with market conditions.
| EUR/USD | 1.5 |
| USD/JPY | 1.8 |
| EUR/JPY | 2 |
| EUR/GBP | 2 |
| GBP/USD | 2.2 |
| USD/CHF | 2.2 |
| AUD/USD | 2.2 |
| EUR/CHF | 2.5 |
| USD/SGD | 3 |
| AUD/JPY | 3 |
| USD/CAD | 3 |
| NZD/USD | 3 |
|
| CHF/JPY | 3 |
| USD/HKD | 3 |
| USD/DKK | 4 |
| EUR/DDK | 4 |
| AUD/CAD | 4 |
| NZD/JPY | 4 |
| GBP/JPY | 4 |
| CAD/JPY | 4 |
| AUD/CHF | 4 |
| EUR/AUD | 5 |
| GBP/CAD | 5 |
| EUR/CAD | 5 |
|
| GBP/CHF | 5 |
| AUD/NZD | 7 |
| GBP/AUD | 7 |
| GBP/NZD | 9 |
| EUR/NZD | 9 |
| EUR/NOK | 35 |
| USD/SEK | 35 |
| EUR/SEK | 35 |
| USD/NOK | 35 |
| USD/ZAR | 60 |
|
Institutional-Quality Pricing & Execution
In addition to tight spreads, clients of dbFX are provided with the same professional
service and treated with the same values we are renowned for in the institutional market,
as the world’s No.1 FX Bank*. This includes:
- Transparency: Execute orders based on live market prices streamed through dbFX. The price you see is the price you get.
- Speed of Execution: Trade directly on prices streamed from dbFX with no interference, providing direct access to the heart of the FX market.
- Anonymous Trading: Full anonymity in the market with automated risk management.
- Neutral Pricing: Prices are derived directly from the FX market and will fluctuate according to natural changes in volatility and liquidity. All dbFX clients receive the same pricing, unless they are active traders using a custom solution, as outlined below.
Custom Solutions for Higher Volume Traders & Managers
The above spreads apply to individual trader accounts. High volume individual
traders may choose to have a
commission pricing structure. All commission clients will have additional
disclosure documents, whether you are a self-directed client or trading through a manager.
* Euromoney FX Poll 2005 – 2009.
