To keep spreads as narrow as possible, we aim to get optimal prices from all our liquidity providers. Real time prices are aggregated from liquidity providers in order to offer best bid and ask prices to clients. Our electronic pricing engine allows us price updating on every currency pair three times per second, and thanks to this our prices reflect the current global forex market levels.
XM offers tight spreads to all clients, irrespective of their account types and trade sizes. We recognize the fact that tight spreads only make sense for our clients if they can trade with them. This is the reason why we attribute great importance to our execution quality. XM 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.
XM imposes no restrictions on trading during news releases. XM 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 5th digit fraction.
With fractional pip pricing you can trade with tighter spreads and enjoy most accurate quoting possible.
Open an Account Here. Tight Spreads as Low as 0 Pips Tight spreads as low as 0 pips on all major currency pairs. Trade with NO hidden fees. The lowest possible spreads for all trading account types. Fixed or Variable Spreads? Fractional Pip Pricing XM also offers fractional pip pricing to get the best prices from its various liquidity providers.More...