What are fixed spreads?
At FxPro we offer an ‘MT4 Fixed’ account which offers fixed spreads on 7 major FX pairs: EURGBP, EURJPY, EURUSD, GBPJPY, GBPUSD, USDCAD &USDJPY. Fixed spreads do not vary throughout the day as floating spreads do. There is a day rate, a night rate, a night rate for fixed spreads and an abnormal rate that applies during extremely volatile market conditions.
A fixed spread account allows you to manage your trading costs more effectively, as you can know in advance the pip difference between the bid and the ask prices.
To see the Instruments we offer Fixed Spreads on, please refer to the Forex page below and tick the box ‘Show pairs with fixed spread’: https://www.fxpro.com/trading/forex
To view the specific fixed spreads during certain hours, please click on the pair and scroll down to Trading Conditions and select ‘MT4 fixed’ from the platform list.