Are you a Pro Traders or you are new to FOREX trading? Either Pro or a newbie, IKOFX is the ideal place for you to trade FOREX.
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  • AUD/CAD 1.0061 AUD/CHF 0.9385 AUD/JPY 79.96 AUD/NZD 1.2966 AUD/USD 0.9955 CAD/JPY 79.41 CHF/JPY 85.20 EUR/AUD 1.2793 EUR/CAD 1.2881 EUR/CHF 1.2005 EUR/GBP 0.8002 EUR/JPY 102.29 EUR/NZD 1.6576 EUR/USD 1.2739 GBP/AUD 1.5979 GBP/CAD 1.6089 GBP/CHF 1.5000 GBP/JPY 127.72 GBP/NZD 2.0708 GBP/USD 1.5911 NZD/CHF 0.7235 NZD/JPY 61.65 NZD/USD 0.7675 USD/CAD 1.0105 USD/CHF 0.9420 USD/JPY 80.25 GOLD 1548.15 SILVER 27.57

SPREAD

All the currency pair quotes in a two-way price, the 'Bid' and the 'Ask'. The 'Bid' is always lower than the 'Ask' price. The 'Bid' is the price in which the dealer is willing to buy the base currency in exchange for the quote currency means the 'Bid' is the price at which you will sell. The 'Ask' is the price at which the dealer will sell the base currency in exchange for the quote currency means the 'Ask' is the price at which you will buy. The difference between the 'Bid' and the 'Ask' price is popularly known as the Spread.

Example

On this GBP/USD quote, the 'Bid' price is 1.7445 and the 'Ask' price is 1.7449. Thus, the spread for trading this quote will be 4 pips meaning that it will cause you 4 pips to open either long or short position for this currency quote.

IKOfx always offer its clients with low spreads and an accurate pricing system to provide the traders a fair and competitive trading ground. Please refer to the summary table for our spread for all the currency pair available. Besides, our spreads are fixed under all market conditions.



View Spread List