In order to increase trader satisfaction, FXTM broker announced that spreads for ECN MT5 accounts would be reduced by up to 65%. This new regulation will come into effect today, February 9, 2018. The spread reduction is not only applied to major currency pairs.
The reduced spread on ECN MT5 accounts at the FXTM broker will apply to major currency pairs, cross pairs, and several minor currencies, Gold Spot (XAU/USD) and Silver Spot (XAG/USD). Overall, there are at least 27 assets that have improved trading conditions. Here are some examples:
- The average spread for XAG/USD is usually 5.0 to 4.0 (-20%).
- The XAU/USD average spread is usually 29.5 to 21.0 (-29%).
- The average EUR/USD spread is usually 0.9 to 0.4 (-56%).
- The average AUD/USD spread is usually 1.3 to 0.7 (-46%).
- The average AUD/CAD spread is usually 5.1 to 1.8 (-65%).
These advantages traders can enjoy along with other features of the FXTM MT5 ECN account, including:
- The minimum deposit is 500 USD/EUR/GBP.
- Leverage floating between 1:25-1:1000
- A commission of $2 per standard lot is applied at opening and Close for only $4.
- Minimum lot 0.01.
Are you interested in experiencing ECN trading on an MT5 platform like this? Register or open an ECN MT5 account with an FXTM broker.
Founded in 2010, FXTM broker licensed by CySEC Cyprus has firmly established its identity as the world's leading forex broker in just a few years, based on its philosophy on the most valuable commodity: time. By constantly innovating and exceeding the expectations of its clients, FXTM provides one of the best and most efficient online trading experiences for both beginners and experienced traders.