Close

Identifies Recognition, Provides Value and offers you Rewards

Spreads, swaps and commissions

We use multiple liquidity providers and external pricing sources to give you competitive quotes and low
spreads on a range of instruments and asset classes.

Our spreads

Spreads on our MetaTrader 5 platforms are variable, with prices coming from many providers and sources to ensure you're getting the best price. During liquid times, our spreads can go as low as 0 pips on the EURUSD on our Razor account. Our minimum and average spreads are listed below:

Currency pair Razor minimum spread Razor average spread Standard minimum spread Standard average spread
AUDCAD Australian Dollar / Canadian Dollar 0.2 0.97 1.2 1.97
AUDCHF Australian Dollar / Swiss Franc 0.2 0.9 1.2 1.9
AUDJPY Australian Dollar / Japanese Yen 0 0.46 1 1.46
AUDNZD Australian Dollar / New Zealand Dollar 0 0.92 1 1.92
AUDSGD Australian Dollar / Singapore Dollar 1.6 2.9 2.6 3.9
AUDUSD Australian Dollar / US Dollar 0 0.27 1 1.27
CADCHF Canadian Dollar / Swiss Franc 0.5 0.23 1.5 2.23
CADJPY Canadian Dollar / Japanese Yen 0.1 0.67 1.1 1.67
EURAUD Euro / Australian Dollar 0 0.39 1 1.39
EURCAD Euro / Canadian Dollar 0 0.96 1 1.96
EURCHF Euro / Swiss Franc 0 0.69 1 1.69 0 0.69 1 1.69
EURCZK Euro / Czech Republic Koruna 1 5.4 2 6.4
EURGBP Euro / British Pound 0 0.36 1 1.36
EURHUF Euro / Hungarian Forint 0.4 1.01 1.4 2.01
Indices Average spread (in-market hours) Average spread (outside-market hours) Range (outside-market hours)
AUS200 1.07 1.77 1 - 9.5
EUSTX50 1.5 2.57 1.5 - 3
FRA40 1 1 1 - 6.7
GER30 1 2.65 1 - 5
IT40 10 10 10-10
JPN225 7 8 7 - 30
SPA35 5.03 11.02 5 - 12
UK100 1 2.51 2 - 4
US500 0.4 0.62 0.4 - 1.5
NAS100 1 1 1 - 6.1
US30 1.6 3.06 1.6 - 9.8
US2000 0.3 0.3 0.3 - 0.8
HK50 5.06 6.9 5 - 30
CN50 10 15.17 10 - 25
Contract Minimum (pips) Average (pips)
USDX 0.3 0.3
Cotton 16 16.76
Orange Juice 10 10.67
Sugar 4 4.61
Coffee 4.2 4.62
Cocoa 4.8 5.39
Instrument Minimum trade size Spreads from Contract size per standard lot Session times
XTIUSD 0.01 0.04 100 barrels 01:00 to 23:59
XBRUSD 0.01 0.04 100 barrels 03:00 to 23:59
XNGUSD 4 4.61
Coffee 0.01 0.003 10,000 MMBtu 01:00 to 23:59

Our swap rates

What is a swap rate?

A forex swap rate is a rollover interest (that's earned or paid) for holding positions overnight in foreign exchange trading. Swap rates are released weekly by the financial institutions we work with and are calculated based on risk-management analysis and market conditions. Each currency pair has its own swap rate and is measured on a standard size of 1.0 lots (100,000 base units).

Where can I find Pepperstone's swap rates?

You can find our latest swap rates on our trading platforms. Swap rates posted on our platforms are indicative rates and are subject to change based upon market volatility.

To view the rates on our cTrader platform:

  • Go to the 'Finder' tab
  • Type the symbol name in the search bar
  • Click the information icon next to the symbol to view its settings

Our commissions

On MT5 and MT4, micro lots are rounded up or down.

Trading account currency Commission per 0.01 lots (1000 base currency) Commission per 1 lot (100,000 base currency)
AUD (Australian Dollar) AUD 0.04 (AUD 0.08 round turn) AUD 3.50 (AUD 7 round turn)
USD (US Dollar) USD 0.04 (USD 0.08 round turn) USD 3.50 (USD 7 round turn)
JPY (Japanese Yen) JPY 3 (JPY 6 round turn) JPY 303 (JPY 607 round turn)
EUR (Euro) EUR 0.03 (EUR 0.06 round turn) EUR 2.61 (EUR 5.23 round turn)
GBP (Pound Sterling) GBP 0.02 (GBP 0.05 round turn) GBP 2.29 (GBP 4.59 round turn)
CHF (Swiss Franc) CHF 0.03 (CHF 0.06 round turn) CHF 3.30 (CHF 6.60 round turn)
NZD (New Zealand Dollar) NZD 0.04 (NZD 0.09 round turn) NZD 4.75 (NZD 9.50 round turn)
SGD (Singapore Dollar) SGD 0.05 (SGD 0.1 round turn) SGD 4.55 (SGD 9.10 round turn)
HKD (Hong Kong Dollar) HKD 0.28 (HKD 0.56 round turn) HKD 28.17 (HKD 56.34 round turn)
CAD (Canadian Dollar) CAD 0.04 (CAD 0.8 round turn) CAD 3.5 (CAD 7 round turn)