Our Spread Model

N1CM offers variable spreads that reflect real-time market liquidity from our top-tier liquidity providers. Our pricing engine aggregates quotes from multiple banks and non-bank liquidity providers to deliver the best possible bid and ask prices to our clients. During peak trading hours, spreads on major currency pairs can be as low as 0.0 pips on our ECN and Raw Spread accounts.

How Our Pricing Works

We source liquidity from over 20 Tier-1 banks and institutional liquidity providers. Our smart order routing technology ensures you always receive the best available price. Standard accounts include our spread markup with no additional commission, while ECN and Raw Spread accounts offer raw interbank spreads with a transparent per-lot commission.

Forex Spreads by Account Type

The table below shows the minimum spreads for our currency pairs across the Standard and ECN accounts. Spreads are measured in pips and may vary depending on market conditions and liquidity.

Instrument Standard Account ECN Account
EUR/USD0.50.4
GBP/USD1.10.7
AUD/USD1.51.1
EUR/CHF1.00.8
EUR/GBP0.80.5
EUR/JPY2.41.9
NZD/USD1.30.8
USD/CAD1.40.9
USD/CHF1.10.4
USD/JPY2.91.4
AUD/CAD2.42.0
AUD/CHF2.01.1
AUD/JPY2.71.6
CAD/CHF2.21.1
AUD/NZD2.41.4
CAD/JPY2.41.3
CHF/JPY3.11.8
EUR/AUD1.71.0
EUR/CAD2.01.3
GBP/AUD2.81.0
GBP/CHF2.00.8
GBP/JPY2.81.4
NZD/JPY2.71.5
EUR/NZD3.11.2
GBP/CAD2.61.5
NZD/CAD2.41.2
NZD/CHF2.11.1
GBP/NZD3.52.4
USD/SGD2.01.1
USD/CNH5.13.4
USD/HKD4.91.5
USD/NOK59.852.0
USD/SEK53.251.4
USD/DKK12.911.2
USD/PLN8.98.9
USD/MXN65.061.2
USD/ZAR70.366.2
USD/TRY400.8400.1
EUR/TRY500.8500.1
EUR/NOK49.8123.7
EUR/SEK36.845.7
GBP/NOK103.8100.1
GBP/SGD3.52.5
USD/CZK110.0101.0
USD/HUF1250.01050.0
USD/ILS105.087.0

Metals, Indices & Crypto Spreads

Minimum spreads for precious metals, global stock indices, and cryptocurrencies. Metals are quoted in USD per troy ounce; indices in index points; crypto in USD.

Instrument Standard Account ECN Account
XAU/USD (Gold)0.180.18
XAU/EUR (Gold/EUR)0.500.44
XAG/USD (Silver)0.050.04
XPT/USD (Platinum)5.485.40
XPD/USD (Palladium)10.6810.24
US30 (Dow Jones)2.042.04
US500 (S&P 500)0.660.66
US100 (Nasdaq 100)1.101.10
GER40 (DAX)1.451.45
UK100 (FTSE 100)0.900.90
USOIL (WTI Crude)0.140.14
UKOIL (Brent Crude)0.060.06
NATGAS (Natural Gas)0.020.02
BTC/USD (Bitcoin)50.050.0
ETH/USD (Ethereum)7.507.50
LTC/USD (Litecoin)1.151.15
BCH/USD (Bitcoin Cash)2.592.59
SOL/USD (Solana)0.750.75
AVAX/USD (Avalanche)0.400.40
XRP/USD (Ripple)0.020.02

Indices Spreads

Trade global stock indices with competitive spreads. All index spreads are quoted in points and reflect typical market conditions during regular trading hours.

Instrument Standard Account ECN Account Raw Spread Account
US30 (Dow Jones) 2.5 pts 1.0 pts 0.8 pts
US500 (S&P 500) 0.6 pts 0.3 pts 0.2 pts
USTEC (Nasdaq 100) 1.8 pts 0.8 pts 0.5 pts
UK100 (FTSE 100) 1.5 pts 0.7 pts 0.5 pts
GER40 (DAX 40) 1.8 pts 0.8 pts 0.5 pts
JPN225 (Nikkei 225) 8.0 pts 5.0 pts 4.0 pts
AUS200 (ASX 200) 2.0 pts 1.0 pts 0.8 pts
FRA40 (CAC 40) 1.5 pts 0.8 pts 0.5 pts

Commodities & Metals Spreads

Access commodity and precious metals markets with competitive pricing. Spreads for metals are quoted in USD per troy ounce, while energy products are quoted in USD per barrel.

Instrument Standard Account ECN Account Raw Spread Account
XAU/USD (Gold) 25 cents 10 cents 5 cents
XAG/USD (Silver) 2.5 cents 1.5 cents 1.0 cents
XPTUSD (Platinum) 350 cents 200 cents 150 cents
WTI Crude Oil 4.0 cents 2.5 cents 2.0 cents
Brent Crude Oil 4.5 cents 3.0 cents 2.5 cents
Natural Gas 0.5 cents 0.3 cents 0.2 cents

Commission Structure

N1CM offers transparent commission pricing. Our Standard account is commission-free with wider spreads, while ECN and Raw Spread accounts offer raw spreads with a per-lot commission.

Feature Standard Account ECN Account Raw Spread Account
Forex Commission (per lot, round turn) $0 $6.00 $4.00
Metals Commission (per lot, round turn) $0 $6.00 $4.00
Indices Commission $0 $0 $0
Energies Commission $0 $0 $0
Shares CFD Commission 0.10% 0.08% 0.05%
Crypto Commission (per lot, round turn) $0 $8.00 $6.00
Minimum Deposit $100 $500 $10,000
Spread Type Variable (with markup) Raw Spread Raw Spread

Spread Cost Calculation Example

Understanding total trading costs is essential. Here is an example for a 1-lot EUR/USD trade:

  • Standard Account: 1.2 pip spread = $12.00 total cost per round turn (no commission)
  • ECN Account: 0.1 pip spread ($1.00) + $6.00 commission = $7.00 total cost per round turn
  • Raw Spread Account: 0.0 pip spread ($0.00) + $4.00 commission = $4.00 total cost per round turn

The Raw Spread account offers the lowest all-in trading cost, making it ideal for high-volume and professional traders.

Important Notes on Spreads

  • Spreads shown are typical and indicative. During high-impact news events, low liquidity periods, or market open/close, spreads may widen significantly.
  • Spreads on exotic currency pairs and less liquid instruments tend to be wider than those on major pairs.
  • Weekend and overnight gaps may cause spreads to differ from the values shown at market open.
  • Volume discounts may be available for traders exceeding 50 lots per month. Contact your account manager for details.
  • All spreads are variable and subject to change without prior notice based on market conditions.
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