Download currency spreads chart

Listed second will have fixed pip values of CAD$0.10, CAD$1, and CAD$10 for micro, mini, and standard lots respectively.Same goes for any other account currency. If YOUR account currency is listed second, then the pip value for that currency is 0.10, 1, and 10 in your own currency for a micro, mini, and standard lot.When your account currency isn’t listed second, things get a little more complicated. Check out the Definitive Guide on Forex Pip Values for a full explanation of calculating pip values for all account types and pairs. And the easiest way to calculate pip values is to use a pip value calculator like the one at MyFxBook. Fill in your account currency (type of currency you deposited), how much you want to trade (just input 1, since the list shows the pip value for micro, mini, and standard lots), and the list fills in with the pip values for all the pairs. Pip values are important because it is a required element of our position sizing formula (how much currency we decide to trade) as pip values affect our risk and profit potential on a trade.Forex Market Hours and NewsThe forex market is open 24 hours a day from 5 PM EST Sunday to 5 PM EST on Friday. There are many opportunities to trade throughout the day, yet not all strategies will work at all times of the day.The chart below shows when various markets are open throughout the day in different parts of the world, based on the 24-hour clock.To see when markets are open based on your own time zone, go to ForexMarketHours. From the drop-down menu select your time zone and click “Go.” The chart will update and provide the open and close times of the major financial centers around the world based on your time zone. Daylight Savings may affect these hours in your area at certain times of the year.The markets shown in the figure above are high-impact markets. When these markets are open it greatly affects the currency pairs associated with them. I recommend trading currency pairs that have at least one currency (from within the pair) “open for business” when day trading.For example, the EUR/USD currency pair is most active during the London and/or New York sessions. It’s likely to be especially active during the four-hour overlap period when both these markets are open and trading the pair. During the London and/or US session is the ideal time to day trade this pair. When London and New York banks are closed for business, there’s less opportunity.Near 5 pm EST each day (New York close) spreads tend to widen considerably. Take this into account when holding positions through this period. The spreads can get very wide heading into a weekend around this time, and when markets re-open the following week. For more on how to navigate this time of day, see Hold Forex Trades Through the Weekend, or Close Them?Forex Economic News AnnouncementsForex market prices react significantly to planned economic

Profit as spreads can widen considerably when the financial markets are volatile and cause slippage (filled at a price different from the requested fill price). It is important to understand the difference between fixed and variable spreads. Fixed spreads remain the same, no matter the market conditions. Variable spreads keep changing based on the supply and demand of the instruments and the overall market volatility. Choosing the optimal spread type is important to keeping trading costs to a minimum. Retail traders who trade less frequently could benefit from fixed spreads, while those who trade frequently during peak market hours (when the spreads are the tightest) might prefer variable spreads. Variable spreads are normally lower than fixed spreads, especially in calmer markets. Trading with an FP Markets RAW account opens the door to some of the lowest spreads in the market. Our liquidity is sourced from some of the largest liquidity providers, with no markup applied. This gives us the ability to offer you the tightest spreads, starting as low as 0.0 pips during the most liquid times, something that was previously the domain of hedge funds only. The spread of a given currency pair reveals information about market conditions such as time, volatility and liquidity. Emerging currency pairs have a greater spread than major currency pairs due to lower levels of liquidity. Interestingly, it is worth pointing out that only 8 major currencies account for approximately 85% of the Forex market turnover.

0.2AUD/USD = 0.5 Trading Platforms MT4, MT5, cTrader, FxPro Trading Platform Why We Recommend FxPro We appreciate FxPro for its diverse accounts, notably the cTrader account facilitating micro lot trading allowing for precision trading.With average spreads of 0.32 pips for EUR/USD, 260+ tradable instruments, and advanced platforms like cTrader, MT4, MT5 and FxPro platform, the broker accommodates various trading preferences.Their educational resources and responsive support contributed to the positive experience we had. Pros & Cons Supports three different trading platformsNo minimum depositOffers an Islamic account 9/5 customer support availabilityCan charge a $5 monthly inactivity fee Broker Details The Broker That Trades Low Volume Lots With cTraderFxPro is a popular broker if cTrader is your platform of choice. As well as the ability to trade lot sizes as small as 0.01 (micro lots) you will gain access to competitive floating spreads and excellent trading tools.cTrader Trading ToolsTechnical analysis tools with over 55 indicators, 26 timeframes and 4 chart types.Automated trading can be achieved by writing cBots using the platform’s programming language C#.Depth of market pricing plus market sentiment data.Risk management tools with 6 different pending order types.Available as a desktop and web trader platform as well as mobile trading apps for Android and Apple devices.When setting up your FxPro cTrader account, you will need to deposit at least $100 USD. For each trade, you’ll pay a flat rate commission fee that varies between forex pairs and your account’s base currency. To help you calculate commission costs as you trade, the broker

And 5. Spread MetaTrader indicator — displays current spread in the main window of the chart. You can modify the font parameters, indicator's position and the normalization of the spread value. The spread is redrawn after each tick, ensuring the most current and active spread value. This can be useful for brokers with variable spreads or with spreads that are widened often. You can also enable a spread label to be shown near the current Bid line. The indicator is available for both MT4 and MT5. Schaff Trend Cycle (MetaTrader indicator) — is a cyclical oscillator created by calculating the stochastic over stochastic over a MACD line using cycles. The result is the improved version of the oscillator that is not choppy during the trends and reacts to the changes very fast. It was developed by Doug Schaff, who assumed that the currency trends accelerate and decelerate in cycles. Its algorithm was made public in 2008. Schaff Trend Cycle tries to combine two different methods of determining the trend direction changes — MACD and smoothed stochastic oscillator. The value of the indicator fluctuates between 0 and 100. Two trigger levels are used — 25 and 75. Optional alerts are available. You can download this indicator for MT4, MT5 RSIOMA MetaTrader indicator — this indicator takes two moving averages, calculates their RSI (Relative Strength Index) and then also adds a moving average of the calculated RSI. These two lines now can accurately signal the trend changes. They are shown in the separate window where they change from 0 to 100. The auxiliary histogram is shown for a quick-glance view of the current trend. The indicator is available for both MT4 and MT5 versions of the MetaTrader platform. Round Levels MetaTrader indicator — an MT4/MT5 indicator that can display round levels and zones near them based on your configuration. It can be useful to trade off the natural psychological support and resistance zones. It can also issue alerts when the price is in either support or resistance zone. Recent High/Low Alert MetaTrader indicator — displays two bands of maximum and minimum levels

Competitive pricing, you can utilise different analysis and risk management tools on MetaTrader 4 among other trading platforms.Forex Market and SpreadsCity Index spreads are very competitive when compared to other brokers offering online trading. Other than the GBP/USD and EUR/GBP where Pepperstone offers some of the best spreads, City Index consistently offers some of the tightest spreads across the board. For major currency pairs like the EUR/USD and USD/JPY, City Index customers can trade with average spreads of 0.80 pips commission-free. The broker offers over 85 different major, minor and exotic currency pairs with minimum spreads starting from 0.50 pips. 0.70 2.20 1.10 1.60 1.60 1.10 1.20 1.40 2.00 1.50 1.90 2.00 2.40 2.30 2.50 1.40 2.50 2.50 2.60 2.60 1.20 1.80 1.90 2.30 2.30 1.32 1.95 1.37 1.87 1.73 1.30 1.70 2.10 1.70 2.10 Avg. spreads are taken from each broker's website and updated monthly. Last update on 03/01/2025 Micro Trading: What is a Micro Lot?Micro, mini and standard lot sizes are the most commonly traded contract sizes by retail investor accounts. City Index offers flexible contract sizes with micro, mini and standard lots available for most major and minor forex pairs. When trading certain exotic FX pairs you are restricted to micro-lots.1 micro lot = 1,000 units of base currency1 mini lot = 10,000 units (10 micro lots)1 standard lot = 100,000 units (10 mini lots, 100 micro lots)MT4 Trading PlatformCity Index is a great option for micro trading on MetaTrader 4. The software is available as a

Check to see if the spreads are acceptable. This live tool for trading Gold is called The Forex Heatmap® and is also accurate for trading 8 currencies and 28 forex pairs.For your gold trade entries, set up your charts with several correlated gold pairs to match the heatmap configurations. For trade entry verification, gold traders can use our Gold Heatmap live indicator with correlated pairs. The chart you see above are our free trend indicators set up on multiple correlated pairs and two time frames on XAU/USD, top notch professional setup with our live gold heatmap indicator. You can set up as many as 8 gold pairs on one screen or use more than one time frame on the same pair.You can set up your charts using the metatrader profiles with correlated pairs on Metatrader or any equivalent charting system. Some brokers outside USA offer a direct copy of our multi-chart system for all gold pairs and this is an impressive charting system for spotting strong gold movements and high confidence trading.Gold BrokersMany forex traders outside the USA offer gold trading. You can get many broker choices with leverage as high as 500:1. Inside the USA CFTC regulations are restrictive on gold trading. Most prop firms are located outside of the USA so Gold is available for trading, even for USA clients, in a funded forex account. Gold is the most popular asset traded by prop firm traders and XAU/USD has high liquidity, volatility and low spreads.Gold Pairs And Other Instruments That Can Be TradedXAU/USD or any other combination of XAU against a major currency, assuming the spread is low, can be traded with this heatmap and chart system. XAU/USD is the most widely traded and the spread is very low. Trading Gold via crypto tokens is also an option