(ASIC) What are our spreads and commissions?

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.