Spreads & Commissions

Our broker combines tier-1 bank, non-bank and ECN liquidity to give you tight spreads across our range of global markets 24/5.

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100+
Markets
0.0pips
Spreads from
1ms
Execution From
Performance
ECN | STP | NDD
0.01
Min. Lot Size
Transparent
Trade Receipts

Lower Trading Cost

ECN spreads from 0.0 pips

For active traders, the majority of your trading fees will come from commissions and spreads.

GP make world class pricing and execution our core focus for our clients. When you trade with BuoyTrade you are getting institutional grade liquidity and service.

GP spreads rank among the top Forex and CFD providers in the world across selected markets.

We aggregate, compare and rank quotes from the world's largest and fastest market makers to give you a truly bespoke liquidity mix that includes 26+: tier-1 banks, non-bank market makers and ECNs.

See more spreads

Spreads

Forex

Instrument

AUDUSD

EURUSD

GBPUSD

USDCAD

USDCHF

USDJPY

Min Spread

0.0

0.0

0.0

0.0

0.0

0.0

Avg Spread

0.1

0.1

0.5

0.4

0.4

0.3

Spreads

Forex - Minors

Instrument

AUDCAD

AUDCHF

AUDJPY

AUDNZD

CADCHF

CADJPY

EURAUD

EURCAD

EURCHF

EURGBP

EURJPY

EURNZD

GBPAUD

GBPCAD

GBPCHF

GBPJPY

GBPNZD

NZDCAD

NZDCHF

NZDJPY

NZDUSD

Min Spread

0.0

0.0

0.0

0.0

0.1

0.0

0.0

0.0

0.0

0.0

0.0

0.0

0.0

0.0

0.0

0.0

0.0

0.0

0.0

0.0

0.0

Avg Spread

0.7

0.7

0.5

0.9

0.9

1.1

0.9

1.1

0.8

0.8

0.6

1.5

1.3

1.6

1.3

1.0

2.4

1.3

1.0

0.9

0.6

Spreads

Forex - Exotics

Instrument

AUDSGD

EURNOK

EURSEK

EURSGD

EURTRY

GBPNOK

GBPSEK

NZDSGD

SGDJPY

USDCNH

USDHKD

USDMXN

USDNOK

USDSEK

USDSGD

USDTHB

USDTRY

USDZAR

Min Spread

0.0

0.0

3.5

0.0

32.3

6.0

xxx

xxx

0.0

0.0

0.0

0.0

3.5

3.8

0.0

0.7

5.7

0.0

Avg Spread

0.8

17.5

18.3

1.0

42.8

30

xxx

xxx

1.0

56

2.5

20.1

17.9

17.0

0.8

1.4

23.0

40.4

Spreads

Commodities

Instrument

XAGUSD

XAUUSD

UKOIL

XTIUSD

XAUEUR

XPTUSD

XPDUSD

XNGUSD

UCUUSD

Min Spread

0.0

0.0

0.5

1.6

3.6

N/A

N/A

0.5

2.5 (01:00 – 14:00)
1.5 (15:00 – 22:00)
2.5 (23:00 – close)

Avg Spread

1.1

0.12

1.6

1.6

N/A

N/A

N/A

N/A

N/A

Spreads

Indices

Instrument

AUS200

CHINA50

ES35

EUSTX50

FRA40

GER30

HK50

JPN225

NAS100

UK100

US30

US500

Target Spread

0.8-1.5

9-16

6-12

0.7-1

0.75-1

0.5-0.7

4-8

6-10

0.5-0.8

0.5-0.75

1.3-1.6

0.3-0.5

Market Hours

Avg Spread

0.8

N/A

N/A

1.0

1.1

0.7

4.3

7.0

1.0

0.84

1.7

0.4

Market Hours

*Target Spread

2.4

9.0

6.0

4.0

10.0

2-7

30.0

7.0

2.0

2.5-9

<3

<0.8

*Out of Hours

Broker we use offer variable
spreads only

Global Prime passes on the prices it receives from its liquidity providers to traders. This means our spreads are variable and fluctuate in line with market liquidity and volatility.

Global prime variable ECN spreads come from up to 26 different liquidity providers consisting of tier-1 banks, non-bank market makers and ECNs. This gives traders access to the tightest prices available, reducing your trading fees.

Don’t trust brokers with fixed spreads as these will usually come with strict trading restrictions, slower execution times, increased rejections (especially during fast markets and volatility) and higher spread costs. These restrictions can prevent you from making money.

Benefits of

World Class Trading

Tight Spreads
Our tight ECN spreads rank among
the best brokers globally.
Liquidity
Tier-1 banks, non-bank market makers,
ECNs & dark pools.
Range of Markets
48 FX, 20 Commodities, 15 Indices,
5 Digital Ccy. 20 Shares
Radical Transparency
We verify that we are ECN & all claims
with trade receipts!
No Restrictions
No brakes on your trading. Scalper, EA,
HFT, News & EA friendly.
Low Latency
Fast execution speeds
from as low as 1ms.

Frequently Asked Questions

What does ECN mean?

Electronic Communications Networks or ‘ECNs’ are off-exchange execution venues which allow market participants to trade with a range of counterparties anonymously. They are the main trading venues for OTC markets such as Foreign Exchange and Metals. This basically means ECNs provide the technology and venue for price makers aka ‘liquidity providers’ to distribute their liquidity. Price takers (traders) can see these prices and execute trades against them. The ECN is therefore responsible for prices/quotes and the execution of orders.

What are spreads from 0.0 pips?

Spreads from 0.0 pips refers to a broker's ability to price a product with a spread of 0.0 pips. This can normally only be done when a number of conditions are met, including: an aggregated or ‘ECN’ price feed (see ECN page) and no spread floor in place i.e. no minimum spread. The term was first used in 2012 at about the same time that (news) ‘tick scalper’ automated trading systems were giving brokers headaches. Global Prime and a number of other brokers used the term ‘Spreads from 0.0 pips’ to help distinguish themselves from brokers who have spread floors/minimums and put restrictions on trading. Nowadays most brokers feature this term or ‘ECN’ in their advertising but they will have restrictions on trading due to their B-book model.

Does Global Prime have Spreads from 0.0 pips?

Global Prime has spreads from 0.0 pips with no restrictions and operates an ECN/STP model with no B-book. We prove this with trade receipts rather than fancy marketing terms.

What are spreads?

The Spread is the difference between the market bid and ask price on a security for an immediate order. The spread is represented by the bid and offer quotes and can be perceived as a measure of liquidity in the market. Generally speaking, tight spreads are indicative of high liquidity whereas wide spreads are an indicator of scarce liquidity.

Where can I find the average spreads?

You can find the average spreads at table above.

What is the difference between the Bid and the Ask price?

The bid price represents the maximum price that a buyer is willing to pay for a security and the ask price represents the minimum price that a seller is willing to take for the security.

What are variable spreads?

The bid price represents the maximum price that a buyer is willing to pay for a security and the ask price represents the minimum price that a seller is willing to take for the security.

How competitive are Global Prime spreads?

Global Prime offers some of the most competitive spreads in the market. With the average spreads on majors as low as 0.1 pips, Global Prime offers some of the tightest spreads.

Is Global Prime an ECN, NDD, STP broker?

Yes, Global Prime is an ECN broker. Global Prime runs an ECN that serves to facilitate trades between the LP’s and clients, ensuring the very best execution. Global Prime does not have a dealing desk as we provide clients unfiltered access to our network of liquidity providers. We do not profile clients nor market make which ensures our interests are aligned with the clients. Global Prime offers 'straight through processing’ as our ECN enables direct access to our network of liquidity providers. Find more information here https://www.globalprime.com/ecn-advantage/

Still have questions? Contact us here or email us at Support@BuoyTrade.com

This page is from Global Prime