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Comparing the Spreads of Different Forex Brokers

We periodically survey the Web pages of various forex brokers. If they provide information on their spreads, we include them here. We do not verify the accuracy of the information they provide. Please note that some spreads are variable, while some are guaranteed, while still others are guaranteed with exceptions. Where applicable, we list typical day-time market spreads. Blank entries either indicate the currency pair is not traded on the platform, or that no spread information on the currency pair is provided.

Forex
Broker
OANDA FXCM Saxo CMC MG Forex GCI FXSOL GFT forex.com Gain CMS iFX RCG
Spread Type* V FG FE ? ? ? ? ? FG   ? ? V
AUD/JPY 4 8 6 5   5 7       8   5
AUD/NZD 8 13 13 15     12           10
AUD/USD 2 4 3 3   4 5       5   3
CAD/JPY 4 10 6       9       6   6
CHF/JPY 3 9 4 4   5 8       10   4
EUR/AUD 8 15 10 14   10 12       14   8
EUR/CAD 4 10 12 10   10 9       10   9
EUR/CHF 2 7 3 3   5 5       5   3
EUR/CZK 20   50                   32
EUR/DKK 2   5                   7
EUR/GBP 1.5 3 3 3   4 5       5   3
EUR/HUF 25   45                   27
EUR/JPY 2 4 3.5 3   4 4       4   3.5
EUR/NOK 25   35                   27
EUR/PLN 30   50                   32
EUR/SEK 25   40     40             27
EUR/USD 1.5 3 3 2 3 3 3 3 3   3 2 3
GBP/CHF 6 15 7 8   12 12       10   8
GBP/JPY 6 9 7 8   8 10       8   6
GBP/USD 2.5 5 4 3   4 4       4 3 4
NZD/USD 4 4 5 5   5 4       5   5
USD/CAD 4 5 5 4   4 5       5   5
USD/CHF 3 5 4 3   4 4       5 3 4
USD/DKK 20   25                   12
USD/HKD 4   8                   8
USD/JPY 2 4 3 2 4 3 3 3     3 2 3
USD/MXN 40   55     50             37
USD/NOK 25   40                   32
USD/PLN 30   50                   32
USD/SAR 4   5                   5
USD/SGD 5   7                   7
USD/THB 5   80                   52
USD/ZAR 60   175     100             77
Spread data from May 23, 2006
  • *V variable
  • FE fixed with exceptions
  • FG fixed guaranteed
  • FGE fixed guaranteed with exceptions

Previous Spreads