Which Spread Figures Are Measured and Which Are Fixed · Tanzania

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 $77.7 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 2026-07-05.

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.

Three kinds of number on this page

The figures here do not all come from the same place, and they do not all age at the same speed. Measured readings are recorded from a live FxPro MetaTrader 5 Raw+ account and re-read every day: the median spread, the all-in cost that follows from it, and the comparison against an outside reference feed. Structural terms are fixed by the contract and by the account: the $3.50 per lot per side on Raw+, the 100,000 units in a standard lot, the 0.01-lot minimum order. Attributed statements are neither, being what FxPro states and carried as such, like the from 0.0 pips floor and the $100 minimum first deposit.

Sorting a figure into one of those three buckets tells you how long it stays true. A structural term is still correct next month. A measured reading is correct for the day it was taken and no longer. An attributed statement is correct for as long as the broker keeps it, which is why terms are worth confirming before you rely on them.

The tables above mix all three deliberately, because a cost is only meaningful when the variable part and the fixed part are shown together. What the mixture asks of a reader is a habit rather than an effort: check which half of a figure is the half that moves. The moving half on its own is on our measured spreads page.

What the measurement window covers

Every spread row on this site is summarised over a rolling twenty-four hours and refreshed once a day. That choice has consequences worth stating. A day covers the whole clock, the thin hours as well as the London and New York overlap, so the median is not quietly taken from the comfortable part of the session. It also means a single loud day leaves a mark: a release that widened quotes for an hour sits inside the window until the window moves past it.

The alternative would be a longer average, and a longer average buys stability by hiding the present. A month of readings would have smoothed away the day you are actually going to trade. The compromise here is to keep the window short and print the moment it ended, so that anyone who wants to know whether a figure describes a calm week or a busy one can look at the date and go and check.

The hourly view is built the same way, hour by hour across the same twenty-four hours, and it is labelled in FxPro server time rather than local time. Our trading hours page handles the conversions; for costs the only point that matters is that an hour label and a wall clock are two different things and should be treated as such.

What a cost figure claims, and what it leaves out

The all-in column prices one thing precisely: opening and closing one standard lot at the measured typical spread, with the commission included where the account charges one. That is the entry-and-exit cost of a trade held for no time at all.

It does not include what happens while a position stays open, which is a separate reading taken a separate way and set out on our swap rates page. It does not describe the price an order is filled at either, because fills are timed rather than quoted, and those timings sit with the contract fields on our trading conditions page.

Naming those edges is part of publishing the number. A cost table that quietly implied it covered everything would be a worse table, no matter how carefully the arithmetic inside it was done.

Related FxPro pages