ASIC-regulated forex and CFD broker, Pepperstone, has tightened spreads across major forex pairs on the Standard account.The online broker has also cut spreads on its Razor account.The move will be welcome news to active forex traders who could see a reduction in costs and an improvement in profit margins.
New Forex Spreads
Standard account holders will find reduced spreads from 0.6 pips across the following FX pairs:
- AUD/USD – 0.85 average
- EUR/USD – 0.75 average
- GBP/USD – 1.18 average
- USD/CAD – 1.01 average
- USD/CHF – 1.12 average
- USD/JPY – 0.73 average
Razor account holders will also see a fall in forex spreads:
- AUD/USD – 0.17 average
- EUR/USD – 0.09 average
- GBP/USD – 0.38 average
- USD/CAD – 0.27 average
- USD/CHF – 0.35 average
- USD/JPY – 0.19 average
Forex Trading At Pepperstone
Pepperstone is a popular choice among active forex traders.Over 60 currencies are offered alongside top-tier liquidity and rapid executions.Leverage up to 1:30 is available and clients are free to use stop losses with no restrictions.
Pepperstone guarantees no partial executions or requotes with a 99.88% fill rate.