Spreads & Commissions

To deliver beneficial spreads to customers, FXON has realized some of the tightest spreads in the FX industry, through partnering with liquidity sources such as liquidity providers, prime brokers, MTFs, and aggregators around the world, developing a matching system using our own dark pool, and cutting operation costs.

No transaction commissions are charged for Standard accounts. With Elite accounts, may trade with extremely low commissions of USD 4.00/lot (per 100,000 currency order) and tight spreads.

One of the tightest spreads in the industry

FXON offers a minimum spread of 0.0 pips, mainly for the major currency pairs in terms of trading volume (AUDUSD, EURUSD, GBPUSD, NZDUSD, USDCAD, USDCHF, USDJPY).

Spread: the difference between the ask (sell) and bid (buy) prices

A spread is the difference between the bid and ask prices, or the bid and offer prices for a currency pair. In a contract for difference (CFD), the difference is incurred as transaction cost for each trade. For this reason, the size of the spread is an important factor when choosing an FX broker. In addition, since the spread is incurred on each transaction as a transaction cost, it can be said that the tighter the spread, the more likely the trader is able to generate returns.

Commissions differ by account type

At FXON, spreads differ between the Standard and Elite accounts. While no per-transaction commission applies to the Standard account, a commission of roughly USD4 per transaction (100,000 currencies) applies to the Elite account.

The Standard account can be used without worrying about transaction commissions, since differences in prices of liquidity of different sources (such as liquidity providers, prime brokers, MTF, and aggregators) and commissions are marked up in fixed amounts as part of the spread. On the other hand, the Elite account makes it possible to conduct transactions with tight spreads without any markup from the source of liquidity, by bearing a per-side commission of roughly USD4 per transaction.

Transaction commissions Type of transaction account
Standard account Elite account
Currency pairs Free
(Transaction costs are included in the spread)
$4.00
Per transaction
Crypto CFDs 0.35%
Per round-trip trade
Indices CFDs $4.00
Per transaction
Stocks CFDs 0.35%
Per round-trip trade
Metals CFDs $4.00
Per transaction
Energy CFDs $4.00
Per transaction
  • Standard
  • Elite
Currency pairs
Free (Transaction costs are included in the spread)
Crypto CFDs
Free (Transaction costs are included in the spread)
Indices CFDs
Free (Transaction costs are included in the spread)
Stocks CFDs
Free (Transaction costs are included in the spread)
Metals CFDs
Free (Transaction costs are included in the spread)
Energy CFDs
Free (Transaction costs are included in the spread)
Currency pairs
$4.00 Per transaction
Crypto CFDs
0.35% Per round-trip trade
Indices CFDs
$4.00 Per transaction
Stocks CFDs
0.35% Per round-trip trade
Metals CFDs
$4.00 Per transaction
Energy CFDs
$4.00 Per transaction

Account types are separated by different sources of liquidity and differences in methods of bearing transaction costs. In general, the Standard account is suited to traders involved in swing trades and swap trades over medium to long term, with its stable spread meaning that there is no need to calculate transaction costs, while the Elite account is suited to traders engaged in activities such as day trading and scalping, with its tight spread, although prices are susceptible to liquidity and dramatic volatility.