Spread is the difference between the buy (ask) and the sell (bid) price quoted for an underlying instrument.
Spreads on our Standard Accounts range from 1 pip, whereas on our Direct Accounts, they can be as little as 0.0.
Direct Accounts also incur a commission of USD $7 per standard lot per round turn. This means that entering a trade with a volume of one lot costs $3.50, and closing the trade costs a further USD $3.50.