About GEMFOREX Currency pairs and Spread

photo

Recently, the competition in low spread has been overheating in Forex Industry, but we think that it is not the bottom line for the traders. At first glance, one might think that the low spread maybe very attractive. But there is lurking requote in there, and denial of contractual may occur, and variety of operational balance adjustment. But we think that what is important is the balance in the service. It is not about a Forex trader with apparently good narrow spread, but what is important is though having a tight spread, is the service balance such as providing a stable trading environment without contract refusal or slippage.

The GEMFOREX does not participate in the nonrealistic assertion of low spread competition. We aim for a comfortable balance service. Come and compare us to other companies, and feel the realistic spread and service balance that GEMFOREX provides.

※ In no spread account, although there are some use restrictions, the dollar yen from 0.0 pips has also become available in low spreads. Please check here for more information.

photo

Nonparticipation to low spread competitions

No requotes

No hidden mark-ups

99.79% contract rate in 0.78 seconds

GEMFOREX continues to pursue a comfortable environment for traders. For overseas Forex beginners and those considering forex for the first time overseas, our service is made safer and easier for you.

Spread

photo

Spread means "spreading, widening, price range, net amount". And the spread in Forex is the price difference between the bid price (Bid) and the selling price (Ask, Offer) of the rate of the currency pair posted when performing Forex trading.

For example, if the rate in US dollar / yen is "101.15 - 20", the spread is 5 sen.

This will be the cost for you and the "commission fee" for Forex companies. Since spreads are set independently by each Forex trader, there is a difference between each Forex trader and it is generally said that the narrow spread the better. But at the risks such as of other services and costs, we recommend for you to judge considering the reliability and philosophy as a Forex trader. Please see GEMFOREX spread which achieves realistic low spread and makes a difference by total service.

Why is spread different for each currency pair?

Forex spread varies depending on the currency pair, and the magnitude of the spread is mainly determined by the trading volume and the method of trading.

Trading volume

Spread is determined according to the number of orders at the time of trade buying and selling for each currency pair by the financial institution that provides rates to Forex companies.
Basically, currency of high trading volume = high liquidity and you can trade at a stable price any time. In such a currency, even if the spread is set to small, there are many people who will trade, so it can be judged that there is no problem even if financial institutions offer small spread. Conversely, if you have a pair of currencies with a few trading volume, spreads are set widely.

Trading method

Since Forex is a trade between currencies, if you sell something you buy something and if you buy something you will sell something
For example, if you buy a dollar yen, you will sell a yen and buy a dollar. If you buy euro, you sell the euro and buy a dollar. (Against the dollar)
Now, if you buy a Euro/yen, you will sell yen, buy dollar, then sell dollar and buy euro. This is because the market's key currency is against the dollar, trading through dollars. (Of course it does not mean this will not change)
As a result, the spread is inevitably higher for the latter case when trading is established at one time and when it is not.

Spreads are determined from these factors.
Of course the spread will change not only in the currency pair but also in the Forex company, and will fluctuate under the same conditions.

The Spread of GEMFOREX

Micro account

  • USD/JPY
    USD/JPY
    2.0
  • AUD/JPY
    AUD/JPY
    2.8
  • AUD/USD
    AUD/USD
    2.4
  • EUR/JPY
    EUR/JPY
    2.8
  • EUR/USD
    EUR/USD
    2.1
  • GBP/JPY
    GBP/JPY
    3.0
  • GBP/USD
    GBP/USD
    2.7
  • USD/CAD
    USD/CAD
    2.3
  • USD/CHF
    USD/CHF
    2.4

※ Although our company has Fluctuation spread, at the end it becomes the average spread value. Please refer to us in your dealings.

All-In-One Account

  • USD/JPY

    USD/JPY

    1.2
  • EUR/USD

    EUR/USD

    1.2
  • USD/JPY
    USD/JPY
    1.2
  • CHF/JPY
    CHF/JPY
    2.1
  • AUD/CAD
    AUD/CAD
    2.5
  • AUD/JPY
    AUD/JPY
    1.6
  • AUD/NZD
    AUD/NZD
    2.3
  • AUD/USD
    AUD/USD
    1.5
  • AUD/CHF
    AUD/CHF
    2.4
  • CAD/JPY
    CAD/JPY
    2.0
  • EUR/AUD
    EUR/AUD
    2.3
  • EUR/CAD
    EUR/CAD
    2.2
  • EUR/CHF
    EUR/CHF
    2.0
  • EUR/GBP
    EUR/GBP
    1.5
  • EUR/JPY
    EUR/JPY
    1.4
  • EUR/USD
    EUR/USD
    1.2
  • EUR/NZD
    EUR/NZD
    3.2
  • EUR/ZAR
    EUR/ZAR
    102.8
  • GBP/AUD
    GBP/AUD
    3.2
  • GBP/CHF
    GBP/CHF
    3.1
  • GBP/JPY
    GBP/JPY
    1.9
  • GBP/USD
    GBP/USD
    2.1
  • GBP/NZD
    GBP/NZD
    3.0
  • GBP/CAD
    GBP/CAD
    3.3
  • NZD/JPY
    NZD/JPY
    2.1
  • NZD/USD
    NZD/USD
    1.8
  • USD/CAD
    USD/CAD
    2.0
  • USD/CHF
    USD/CHF
    1.9
  • USD/CNH
    USD/CNH
    17.4
  • USD/HKD
    USD/HKD
    15.0
  • USD/SGD
    USD/SGD
    3.3
  • USD/TRY
    USD/TRY
    22.0
  • USD/MXN
    USD/MXN
    55.0
  • USD/ZAR
    USD/ZAR
    16.0
  • ZAR/JPY
    ZAR/JPY
    2.3
  • XAU/USD
    XAU/USD
    3.0
  • XAG/USD
    XAG/USD
    2.1

※ Although our company has Fluctuation spread, at the end it becomes the average spread value. Please refer to us in your dealings.

No Spread Account

  • USD/JPY

    USD/JPY

    Minimum 0.0
    The average spread 0.3
  • EUR/USD

    EUR/USD

    Minimum 0.0
    The average spread 0.3
  • USD/JPY
    USD/JPY
    0.3
  • CHF/JPY
    CHF/JPY
    1.5
  • AUD/CAD
    AUD/CAD
    2.4
  • AUD/JPY
    AUD/JPY
    0.6
  • AUD/NZD
    AUD/NZD
    1.9
  • AUD/USD
    AUD/USD
    0.3
  • AUD/CHF
    AUD/CHF
    1.4
  • CAD/JPY
    CAD/JPY
    1.2
  • EUR/AUD
    EUR/AUD
    1.5
  • EUR/CAD
    EUR/CAD
    2.0
  • EUR/CHF
    EUR/CHF
    0.7
  • EUR/GBP
    EUR/GBP
    0.3
  • EUR/JPY
    EUR/JPY
    0.5
  • EUR/USD
    EUR/USD
    0.3
  • EUR/NZD
    EUR/NZD
    3.1
  • EUR/ZAR
    EUR/ZAR
    68.3
  • GBP/AUD
    GBP/AUD
    3.1
  • GBP/CHF
    GBP/CHF
    1.6
  • GBP/JPY
    GBP/JPY
    1.0
  • GBP/USD
    GBP/USD
    1.3
  • GBP/NZD
    GBP/NZD
    2.9
  • GBP/CAD
    GBP/CAD
    2.4
  • NZD/JPY
    NZD/JPY
    1.2
  • NZD/USD
    NZD/USD
    1.1
  • USD/CAD
    USD/CAD
    0.8
  • USD/CHF
    USD/CHF
    0.3
  • USD/CNH
    USD/CNH
    17.3
  • USD/HKD
    USD/HKD
    13.3
  • USD/SGD
    USD/SGD
    3.2
  • USD/TRY
    USD/TRY
    20.3
  • USD/MXN
    USD/MXN
    53.3
  • USD/ZAR
    USD/ZAR
    15.0
  • ZAR/JPY
    ZAR/JPY
    2.2
  • XAU/USD
    XAU/USD
    2.1
  • XAG/USD
    XAG/USD
    2.0

※ There are some restrictions in the no spread account to be able to use the dollar yen 0pips ~ low spreads. Click here for more information
※ Although we have floating spread, but eventually it will be the average spread value. Please refer to us in your dealings.

We tried to compare spreads

We tried to compare spreads

I tried to compare the spread among the major popular overseas Forex companies. Spread refers to the difference between the bid price and the selling price. This will be the cost for you and it will be like the "trading fee" for Forex companies. Spreads have unique settings for each Forex dealer, so there is a difference between each company, although narrow spread is generally considered better, I also encourage you to judge looking at other services and risks such as costs, as well as reliability and philosophy as a Forex broker. I did not only compare the numerical aspect here but also the characteristics of each company. Please do take a look, because I’m sure you can actually feel the fine balance of GEMFOREX total balance.