Spread and Commission: Two Cost Fields · FxPro South Africa
What does trading actually cost at FxPro — and is the Standard or Raw+ account cheaper for you? Spreads, commission and the all-in cost per trade.
Open FxPro Account →Two words carry the whole cost of an FxPro trade, and they behave nothing alike: Spread and Commission. Spread is the entry nobody fills in — it is the distance between the two prices the ticket is already showing you, set by the market from second to second, and it is never written down afterwards as a charge. Commission is the opposite: a rate you can look up in advance, $3.50 per lot per side on the Raw+ account, so $7.00 across a round turn, charged as its own amount instead of being folded into the price. A Standard account has no commission entry at all, because its cost is carried inside a wider spread that starts from 1.2 pips. Every other cost word on this page — all-in, round turn, break-even, cost per lot — is one of those two entries counted a different way, and the measured tables set them out instrument by instrument. Use the page as a reference: look up the one word you are stuck on rather than reading it end to end.
Real measured Raw+ spreads and cost
The median spread, all-in cost and how the spread compares with an independent interbank reference feed, measured on FxPro’s own MT5 Raw+ feed — first-hand, not advertised:
| Instrument | Median spread | All-in / lot | All-in (pips) | vs reference |
|---|---|---|---|---|
| EUR/USD | 0.2 pips | $9.00 | 0.9 pips | −0.09 pips |
| GBP/USD | 0.6 pips | $13.00 | 1.3 pips | +0.03 pips |
| AUD/USD | 0.4 pips | $11.00 | 1.1 pips | −0.16 pips |
| USD/CAD | 0.4 pips | $9.88 | 1.37 pips | −0.54 pips |
| USD/JPY | 0.3 pips | $8.95 | 1.38 pips | +0.04 pips |
| XAU/USD (Gold) | 15 pips | $22.00 | 22 pips | −43.89 pips |
‘All-in (pips)’ is also your break-even — the move needed to cover spread plus commission. ‘vs reference’ compares our measured spread with an independent interbank reference feed over the same hours; a negative number means FxPro’s spread was tighter. The round-turn cost is about $77.6 per $1,000,000 traded on EUR/USD. This page is the Standard-vs-Raw+ cost overview; for the live, hour-by-hour measured spread feed see our live spreads page.
How much a trade costs: Standard vs Raw+
| Instrument | Standard spread | Standard cost | Raw+ spread | Raw+ cost + comm | Cheaper |
|---|---|---|---|---|---|
| EUR/USD | 1.2 pips | $12.00 | 0.2 pips | $9.00 | Raw+ |
| GBP/USD | 1.5 pips | $15.00 | 0.4 pips | $11.00 | Raw+ |
| USD/CAD | 1.6 pips | $12.00 | 0.5 pips | $10.75 | Raw+ |
| USD/JPY | 1.3 pips | $9.10 | 0.3 pips | $9.10 | About equal |
Approximate cost for a round-turn standard lot (100,000 units), in USD. Raw+ / cTrader commission is $3.50 per lot per side ($7.00 round turn) on Raw+ and cTrader accounts. Pip values and spreads are variable — confirm live figures in your platform. Last updated 2026-06-20.
Which account is cheaper for you
Raw+ replaces a wider spread with a tighter spread plus a $7 round-turn commission, so it only pays off once the spread saving beats that commission — about 0.7 pips on a $10-per-pip major such as EUR/USD. If the Standard spread is more than roughly 0.7 pips wider than the raw spread, Raw+ is cheaper; if the gap is smaller (or you trade rarely), the Standard all-in spread can win. As a rule of thumb, frequent traders on liquid majors save with Raw+, while occasional traders often prefer Standard.
Open FxPro Account →Typical FxPro spreads (all instruments)
| Instrument | Standard spread | Raw spread |
|---|---|---|
| EUR/USD | 1.2 pips | 0.2 pips |
| GBP/USD | 1.5 pips | 0.4 pips |
| USD/CAD | 1.6 pips | 0.5 pips |
| USD/JPY | 1.3 pips | 0.3 pips |
| Gold (XAU/USD) | 2.5 pips | 1.0 pips |
| US 500 (S&P) | 0.4 pts | 0.4 pts |
Indicative spreads. Metals and indices use different contract sizes — see our gold page for XAU/USD costs.
How a spread becomes a cost
The spread is the gap between the buy and sell price of a contract for difference (CFD). You pay it on entry: spread (in pips) × the pip value of one lot equals your cost. On a Standard account that spread is your whole trading cost; on Raw+ you pay a tighter raw spread plus the $7 round-turn commission. Compare the two on our Raw+ account, MT4 and MT5 pages.
Spread: the entry nobody fills in
What it names. The distance between the two prices quoted for one instrument at one moment — the price a sell is filled at and the price a buy is filled at. It is a measurement of the market, not a fee anyone posts, and that single fact explains most of the confusion around the word.
Where the value comes from. Out of the price feed, tick by tick, changing without anyone touching it. Any single figure quoted anywhere is therefore a snapshot of one moment. What can be quoted honestly is a measured distribution, which is what our live spreads page publishes.
What to do with it. Read it as the distance a position starts behind by, and read the advertised floor as a label rather than as a forecast: from 0.0 pips tells you the account is Raw+, from 1.2 pips tells you it is Standard, and neither tells you what the next order will cost.
Commission: the only cost entry with a rate behind it
What it names. A charge with a published rate, applied per lot and per side, shown as its own amount rather than hidden in a price. On Raw+ that rate is $3.50 per lot per side.
Where the value comes from. The account model, not the market. It does not move with liquidity or with the hour; it is a property of Raw+ in the same way that a wider spread is a property of Standard. The smallest order size is the one exception: it carries a minimum charge per side instead of the per-lot rate, as the commission table on our Raw+ account page sets out.
What to do with it. Count it twice. A per-side rate becomes $7.00 across a round turn on one standard lot, and every all-in figure published on this site already has both sides inside it.
The words those two entries turn into
All-in. Spread and commission written as one number per standard lot so that two account models can be put on the same scale. If a figure is labelled all-in, nothing further needs adding to it.
Break-even. The same all-in figure expressed as a distance instead of as money: how far price has to move before a fresh position is level. It is the version to reach for when you are thinking in pips rather than in currency.
Per side, round turn, per lot. Three denominators that get mixed up constantly. Per side means one half of a trade; round turn means both halves; per lot means one standard lot, which is 100,000 units on an FX major and 100 ounces on gold. A cost figure with none of these words attached cannot be checked against anything, which is why every table on this page carries its unit in the heading.
Cost words on one screen, one line each
| Word | What it names | Where the value comes from | What to do with it |
|---|---|---|---|
| Spread | The distance between the two live prices | The price feed, moment by moment | Read it as the distance a position opens behind by |
| Commission | A published per-lot, per-side rate | The account model (Raw+ only) | Count it on both sides of the trade |
| Per side | One half of a trade | A convention, not a number | Double it before comparing with anything |
| Round turn | Opening and closing counted together | A convention, not a number | Use it when comparing account models |
| All-in | Spread and commission as one figure per lot | Our measured tables | Compare instruments with it; nothing is missing from it |
| Break-even | The all-in figure written as a distance | The same tables, read in pips | Use it when sizing a stop or a target |
A reference list, not a price list: the figures themselves live in the measured tables above, which are refreshed daily.
Frequently asked questions
What does the Spread entry actually name?
Where does the spread value come from, if I never type it in?
What is in the Commission entry on a Raw+ account?
Why is there no commission entry on a Standard account?
What does all-in mean when both entries are added together?
What does round turn mean next to a commission rate?
Which of these two entries can I change?
Reviews
Spreads get a thumbs up on the majors and oil — traders call them competitive and reckon orders fill fast. Gold's the sore spot: a few clock it swinging 30–45 pips, way wider than they'd like. The ECN account trades tighter but the commission stings, 'on the higher side.' Fine if you stick to majors — just eyeball the metals spread before you load up.
Worst withdrawal experience bad spread and it really messing with my stop loss I don't recommend them honestly not just to spoil there name but they should do something
I have to claim that I MAINLY satisfied with the services offered by the FxPro broker, but not completely.
Mixed feelings, supposedly top tier broker, but some spreads are rather high and within days of opening account message about dormant account fees.
Fast orders, fair spreads. Easy withdrawals. Stable fxpro platform. commissions for ecn account is on a higher side:-s
Awesome trading platform with unmatched speed of orders execution and tight spreads. I believe this combination is what helps traders earn profits.
I do prefer a raw account’ why! See spreads. Although when I started I liked the spreads in the standard account too but over time liked the idea of commission and near to zero spreads…