Spreads Sit in the Quote; Commission Does Not · FxPro Australia

Real measured Raw+ spreads and cost

The median spread, all-in cost and how the spread compares with an independent interbank reference feed, measured on FxPro’s own MT5 Raw+ feed — first-hand, not advertised:

‘All-in (pips)’ is also your break-even — the move needed to cover spread plus commission. ‘vs reference’ compares our measured spread with an independent interbank reference feed over the same hours; a negative number means FxPro’s spread was tighter. The round-turn cost is about $78 per $1,000,000 traded on EUR/USD. This page is the Standard-vs-Raw+ cost overview; for the live, hour-by-hour measured spread feed see our live spreads page.

How much a trade costs: Standard vs Raw+

Approximate cost for a round-turn standard lot (100,000 units), in USD. Raw+ / cTrader commission is $3.50 per lot per side ($7.00 round turn) on Raw+ and cTrader accounts. Pip values and spreads are variable — confirm live figures in your platform. Last updated 2026-06-18.

Typical FxPro spreads (all instruments)

Indicative spreads. Metals and indices use different contract sizes — see our gold page for XAU/USD costs.

How a spread becomes a cost

The spread is the gap between the buy and sell price of a contract for difference (CFD). You pay it on entry: spread (in pips) × the pip value of one lot equals your cost. On a Standard account that spread is your whole trading cost; on Raw+ you pay a tighter raw spread plus the $7 round-turn commission. Compare the two on our Raw+ account, MT4 and MT5 pages.

What a phone screen has room for

A trading app is a column budget. In portrait the list of instruments can hold a name, a bid and an ask, and the list of open positions can hold volume, an open price and a floating profit — after that the screen is full. Every other field a cost calculation needs still exists in the account; it has simply been moved behind a tap, into the instrument details or the position detail, where nobody looks while a trade is being decided.

That budget is why the same account reads differently on two devices. A desktop terminal can print spread, commission and swap as three columns next to one position and keep them updating. The phone shows the one number that fits and treats the rest as detail. Neither view is wrong; only one of them is complete, and the incomplete one is the view most orders are sent from.

The half of the cost that never appears in a quote

A quote is a price, not a bill. On Raw+ the commission of $3.50 per lot per side is applied when the order is executed, so it cannot appear inside a bid or an ask on any platform or any device — desktop terminals do not show it before the fill either. The phone is not hiding anything here; the field simply belongs to a later stage of the trade.

The practical consequence is that a Raw+ trader sizing a position from the quote screen alone is working with half the number. The fix is arithmetic done before the order, not a setting to switch on: take the spread you can see, add the round-turn commission for the volume you intend to send, and size from the total. Our margin and pip calculator page carries the contract sizes those two figures are quoted against.

Reading this page on the device you trade from

The tables here are built wide because a cost comparison needs columns — the same reason they belong on a page rather than in an app. On a narrow screen they scroll sideways instead of shrinking, so the sensible way to use them is to take one line away with you: the instrument you trade, and what a round turn on it costs on each account type.

Once that single figure is in your head, the phone only has to confirm the spread at the moment you press the button. Live readings for each instrument, hour by hour, are on our live spreads page; what happens to the account overnight is on swap and overnight fees. Funding and account reports live in the FxPro Direct area rather than in the terminal itself.

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