Lowest Spread Forex Brokers For Cross Pairs


On any trading platform, there are two prices for each financial instrument – the Bid and the Ask. When buying or going long, traders use the Ask Price, while the Bid Price is used for selling or going short. The difference between the Bid and Ask Price represents the spread. It is an income for the broker (fee), which is also a cost for the trader. Therefore, a lower spread would be much better for traders.

Besides offering the lowest spread on several popular Major Currency Pairs, some brokers also offer their lowest spread for Cross Pairs. Though these pairs are not as popular as Major Currency Pairs, some traders are willing to trade them because they provide bigger volatility. If you are interested in trading Cross Currency pairs, these lowest spread forex brokers for Cross Pair could be helpful.


Oct 20 2020

4.23/5
GBP/JPY SPREAD
0.4
Pips

Location : Australia, Hong Kong and Viet Nam

Min. Deposit : $200

Spread : Variable

Leverage : 1:500


3.42/5
EUR/AUD SPREAD
0.7
Pips

Location : Australia, Cyprus, Greece and Hungary

Min. Deposit : $5

Spread : Variable

Leverage : 1:888


3.91/5
EUR/JPY SPREAD
0.2
Pips

Location : Seychelles

Min. Deposit : $100

Spread : Variable and Fixed

Leverage : 1:500


3.48/5
EUR/GBP SPREAD
0.6
Pips

Location : Australia, Cyprus, Czech Republic, South Africa, Spain and United Kingdom

Min. Deposit : $100

Spread : Fixed and Variable

Leverage : 1:30

From Myfxbook