About GEMFOREX Currency pairs and Spread

It is very common to see the competition in providing low spread, as a matter of fact the competition has been overheating over the past few years. At the first glance, one might think that the lower the spread the more attractive trading condition it is. However, scratch the surface you might find that there is requote and refusal of contracts. What we think is the most important is to provide well balanced and stable service to the clients.

GEMFOREX promises not to participate in nonrealistic low spread competition. We aim to provide well balance service. Please do experience and enjoy.

※※ In zero spread account, although there are some restrictions of the service, it is now available to trade USDJPY with low spread from 0.0 pips. Please check here for more information.

  • Declaration of non-participation in low spread competition
  • No requotes or Contract refusal
  • No Hidden Markup
  • Fast execution

And more. GEMFOREX continues to provide a comfortable trading environment for the traders. For beginners and those who are considering forex trading for the first time, our service has made it safer and easier for you.

Spread

Spread is the price difference between the buy price (Bid) and the sell price (Ask) when performing Forex trading.

For example, if the bid/ask rate in USD/JPY is 101.15/101.20, the spread is 5 cents.

This will be the trading cost that the traders have to bear.
Please enjoy GEMFOREX’s realistically low spread and service.
There is no hidden spread, in other words absolutely no Markup, it is safe even for the beginners to start trading here.

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 volumes, spreads are set widely.

Trading method

Forex is a trade between currencies. For example, if you buy USD/JPY, you will be selling JPY and be buying USD.

Now, if you buy EUR/JPY, you will be selling JPY, be buying USD, then be selling USD and be buying EUR. This is because the market's key currency is against the US dollar and trading through US dollar. Of course, it does not mean this will not change.

The spread is inevitably higher for the latter case when the trade is executed than when it is not.
Spreads are determined mainly from the factors mentioned above.
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 Variable spread, at the end it becomes the average spread value.

Spreads for All-in-One and Mirror Trade Accounts

  • USD/JPY
    USD/JPY
    1.5
  • EUR/USD
    EUR/USD
    1.6
  • USD/JPY
    USD/JPY
    1.5
  • EUR/USD
    EUR/USD
    1.6
  • GBP/JPY
    GBP/JPY
    2.6
  • XAU/USD
    XAU/USD
    2.8
  • EUR/JPY
    EUR/JPY
    2.2
  • GBP/USD
    GBP/USD
    2.2
  • AUD/JPY
    AUD/JPY
    3.2
  • GBP/AUD
    GBP/AUD
    3.8
  • EUR/AUD
    EUR/AUD
    3.3
  • AUD/USD
    AUD/USD
    1.9
  • USD/CAD
    USD/CAD
    2.2
  • EUR/GBP
    EUR/GBP
    1.9
  • GBP/NZD
    GBP/NZD
    6.9
  • NZD/JPY
    NZD/JPY
    2.9
  • AUD/NZD
    AUD/NZD
    3.0
  • CAD/JPY
    CAD/JPY
    3.1
  • CHF/JPY
    CHF/JPY
    3.3
  • EUR/NZD
    EUR/NZD
    4.6
  • EUR/CHF
    EUR/CHF
    2.4
  • USD/CHF
    USD/CHF
    3.3
  • EUR/CAD
    EUR/CAD
    3.1
  • AUD/CAD
    AUD/CAD
    3.1
  • NZD/USD
    NZD/USD
    3.0
  • GBP/CAD
    GBP/CAD
    4.2
  • GBP/CHF
    GBP/CHF
    4.0
  • AUD/CHF
    AUD/CHF
    2.7
  • NZD/CAD
    NZD/CAD
    3.5
  • USD/ZAR
    USD/ZAR
    16.0
  • NZD/CHF
    NZD/CHF
    3.2
  • USD/SGD
    USD/SGD
    3.4
  • USD/MXN
    USD/MXN
    183.8
  • EUR/ZAR
    EUR/ZAR
    235.8
  • USD/CNH
    USD/CNH
    18.4
  • MXN/JPY
    MXN/JPY
    1.6
  • SGD/JPY
    SGD/JPY
    13.3
  • EUR/MXN
    EUR/MXN
    180.1
  • USD/PLN
    USD/PLN
    41.3
  • USD/NOK
    USD/NOK
    83.4
  • USD/SEK
    USD/SEK
    41.5
  • EUR/NOK
    EUR/NOK
    107.7
  • USD/TRY
    USD/TRY
    109.7
  • EUR/SEK
    EUR/SEK
    71.8
  • XAG/USD
    XAG/USD
    2.8
  • XPT/USD
    XPT/USD
    3.8
  • CAD/CHF
    CAD/CHF
    2.2
  • USD/HKD
    USD/HKD
    14.0
  • AUD/SGD
    AUD/SGD
    5.6
  • EUR/PLN
    EUR/PLN
    77.0
  • EUR/SGD
    EUR/SGD
    5.3
  • GBP/SGD
    GBP/SGD
    41.2
  • NZD/SGD
    NZD/SGD
    9.1
  • SEK/JPY
    SEK/JPY
    7.3
  • NOK/SEK
    NOK/SEK
    150.0
  • HKD/JPY
    HKD/JPY
    1.7
  • GBP/ZAR
    GBP/ZAR
    240.0
  • ZAR/JPY
    ZAR/JPY
    2.2
  • NOK/JPY
    NOK/JPY
    9.7
  • CHF/SGD
    CHF/SGD
    13.5

※ Although our company has Variable spread, at the end it becomes the average spread value.

Low-spread Account

  • USD/JPY
    USD/JPY
    Minimum Average spread
    0.0 0.3
  • EUR/USD
    EUR/USD
    Minimum Average spread
    0.0 0.3
  • USD/JPY
    USD/JPY
    0.3
  • EUR/USD
    EUR/USD
    0.3
  • GBP/JPY
    GBP/JPY
    1.0
  • XAU/USD
    XAU/USD
    1.7
  • EUR/JPY
    EUR/JPY
    0.7
  • GBP/USD
    GBP/USD
    0.8
  • AUD/JPY
    AUD/JPY
    0.9
  • GBP/AUD
    GBP/AUD
    1.7
  • EUR/AUD
    EUR/AUD
    1.1
  • AUD/USD
    AUD/USD
    0.6
  • USD/CAD
    USD/CAD
    0.8
  • EUR/GBP
    EUR/GBP
    0.6
  • GBP/NZD
    GBP/NZD
    2.8
  • NZD/JPY
    NZD/JPY
    1.1
  • AUD/NZD
    AUD/NZD
    1.3
  • CAD/JPY
    CAD/JPY
    1.2
  • CHF/JPY
    CHF/JPY
    1.4
  • EUR/NZD
    EUR/NZD
    2.2
  • EUR/CHF
    EUR/CHF
    0.7
  • USD/CHF
    USD/CHF
    0.4
  • EUR/CAD
    EUR/CAD
    1.5
  • AUD/CAD
    AUD/CAD
    1.6
  • NZD/USD
    NZD/USD
    1.0
  • GBP/CAD
    GBP/CAD
    2.0
  • GBP/CHF
    GBP/CHF
    1.3
  • AUD/CHF
    AUD/CHF
    1.0
  • NZD/CAD
    NZD/CAD
    1.8
  • USD/ZAR
    USD/ZAR
    9.3
  • NZD/CHF
    NZD/CHF
    1.6
  • USD/SGD
    USD/SGD
    3.2
  • USD/MXN
    USD/MXN
    65.0
  • EUR/ZAR
    EUR/ZAR
    280.0
  • USD/CNH
    USD/CNH
    15.0
  • MXN/JPY
    MXN/JPY
    1.2
  • SGD/JPY
    SGD/JPY
    2.2
  • EUR/MXN
    EUR/MXN
    130.0
  • USD/PLN
    USD/PLN
    32.0
  • USD/NOK
    USD/NOK
    90.0
  • USD/SEK
    USD/SEK
    28.0
  • EUR/NOK
    EUR/NOK
    90.0
  • USD/TRY
    USD/TRY
    20.3
  • EUR/SEK
    EUR/SEK
    270.0
  • XAG/USD
    XAG/USD
    2.0
  • XPT/USD
    XPT/USD
    18.0
  • CAD/CHF
    CAD/CHF
    1.5
  • USD/HKD
    USD/HKD
    8.3
  • AUD/SGD
    AUD/SGD
    2.8
  • EUR/PLN
    EUR/PLN
    46.1
  • EUR/SGD
    EUR/SGD
    3.0
  • GBP/SGD
    GBP/SGD
    31.6
  • NZD/SGD
    NZD/SGD
    8.1
  • SEK/JPY
    SEK/JPY
    4.3
  • NOK/SEK
    NOK/SEK
    122.0
  • HKD/JPY
    HKD/JPY
    1.3
  • GBP/ZAR
    GBP/ZAR
    170.0
  • ZAR/JPY
    ZAR/JPY
    1.1
  • NOK/JPY
    NOK/JPY
    7.6
  • CHF/SGD
    CHF/SGD
    9.6

※ In zero spread account, it is possible to use low spread from 0pips low spreads on USD/JPY. Please check here for more information.
※ ※ Although our company has Variable spread, at the end it becomes the average spread value.