Friday, March 27, 2009

Spreads

CMS Forex now offers 2 Pip fixed spreads on EUR/USD and USD/JPY, our most popular currency pairs. Competitive spreads lower your transaction costs per trade and make it easier to open and close individual positions closer to your target price. In addition, CMS has reduced the spreads of twelve pairs and added to its roster, ZAR/JPY, USD/ZAR, AUD/NZD, USD/HKD, and GBP/AUD.

The spread is the difference between the Bid and the Ask price of a given currency pair. The Ask is the price you pay to buy and the Bid is the price at which you sell a currency pair. CMS Forex charges no commissions, and as a market maker may make some of its revenue from the Bid/Ask spread.

Currency Pairs Offered
Reduced spreads are indicated in orange.

EUR/USD 2
AUD/USD 5
EUR/CAD 8
AUD/JPY 6
AUD/NZD 20
USD/JPY 2
USD/CAD 5
EUR/AUD 9
NZD/USD 4
USD/HKD 12
GBP/USD 4
EUR/GBP 4
GBP/CHF 8
CAD/JPY 6
USD/SGD 8
USD/CHF 5
EUR/JPY 4
CHF/JPY 5
NZD/JPY 8
USD/ZAR 200
EUR/CHF 4
GBP/JPY 8
AUD/CAD 8
GBP/AUD 20
ZAR/JPY 6

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