TradeWAT › FxPro spreads
FxPro spreads and commission: Standard or Raw+
Every trade costs something. On FxPro's Standard account the cost is inside the spread; on Raw+ you get a tighter price and pay a commission per lot. Which is cheaper depends on how often you trade, and you can measure it on demo before you pay a kobo.
Two ways to pay for a trade
| Account | How you pay | Typical starting point |
|---|---|---|
| Standard | Inside the spread, no commission | From about 1.2 pips on majors |
| Raw+ | Tight spread plus commission | From 0.0 pips plus about $3.50 per side per lot |
"From" means the best moment, not every moment. Check live quotes in your own platform; they win over any figure on this page.
A worked example
One standard lot of EURUSD moves about $10 per pip. On Standard, a 1.2 pip spread costs about $12 to open and close the trade. On Raw+, a 0.2 pip spread plus $7 commission for the round trip costs about $9. At today's USDT mid rate that is roughly ₦16,934 against ₦12,701.
On a 0.01 lot, the size most beginners should use, both are well under a dollar. The account type matters once you trade often or in bigger size; at the start, the spread you pay because of when you trade matters more.
When spreads cost you most
- Big news. US data at 13:30 WAT in summer, 14:30 WAT in winter, can widen spreads for a few minutes.
- The daily rollover, about 22:00 to 23:00 WAT, when liquidity thins.
- Late night in Lagos for EUR and GBP pairs, when Europe is asleep.
The tightest prices usually come in the London and New York overlap: sessions in WAT with a live clock.
How to choose without guessing
- Open both on demo. Same pair, same hours.
- Log the spread at entry for ten trades on each.
- Add the commission to the Raw+ trades.
- Pick the lower total for the way you actually trade. Then open the live account: steps from Nigeria.
Questions people ask
Is FxPro Raw+ always cheaper than Standard?
No. Raw+ adds a commission of about $3.50 per side per lot to a tighter spread. It wins when you trade often enough that the tighter price beats the commission.
What is the FxPro spread on EURUSD?
On Standard it is typically from about 1.2 pips on majors in calm hours. Spreads change with the market, so check the live quote in your platform.
Why do spreads widen?
Around big news, at the daily rollover (about 22:00 to 23:00 WAT) and in thin hours, fewer prices are on offer, so the gap between buy and sell grows.
Do I pay to hold a trade overnight?
Positions open after the daily rollover pay or earn a swap. The platform shows the swap for each instrument.