Forex trading using EURUSD Spread has the highest liquidity and occupy the most foreign exchange transactions. Not only is it the most popular, it has the lowest spreads among the world leading currency pairs.
Here at EURUSD Spread, we provide live chart facility, EURUSD price rate, economic calendars and review brokers for the most competitive and transparent spreads in the market today. Traders will learn how to choose between fixed and variable spreads according to their trading account type.
EURUSD Spread quoted are derived from buy and sell feeds from top liquidity providers in the likes of Morgan Stanley & Co, Barclays Bank Plc, Deutsche Bank, Citi Bank N.A, Citadel Securities Plc. These are top global banks, financial institutions, prime brokers and other market makers that harbor certain percentage of the currency liquidity and shares.
It should be noted that Forex trading using EURUSD Spread is by way ahead of the other most traded currency pairs in terms of daily trading volume. That one pair does something like 50% more volume globally than both USD/JPY and GBP/USD combined.
United Kingdom and USA (New York), are the largest trading centers by volume in the Forex market, and by far influence the ranking of the most traded currency pairs worldwide. EURUSD Spread by most recent data, still remains the most used asset in these centers together in the Singapore Forex market.
In Japanese (Tokyo) and Australia (Sydney), the EURUSD compete closely with the USDJPY and AUDUSD, which are the top traded Forex pairs respectively in this regions.
Automated Trading Software
EURUSD Spread, Live Chart, Economic Calendar, Rates and Trading Guide
We provide you with important tools you need to keep track of the EURUSD market.
EURUSD Spread Chart is a live candle stick chart. The package comes with a wide array of features like:
- A broad range of intervals such as 1 minute, 1 hour, 1 day, 1 month, and 1 year
- Drawing options and features such as Fibonacci Arcs, Fans and Time Zones.
- Overlays and indicators such as MACD, Bollinger Bands, % Price Oscillator etc.
Our Economic Calendar provides traders with an easy to use and customizable real-time calendar that updates automatically during announcements. Keep track of significant events that traders care about. As soon as event data is released, the our calendar automatically updates to provide traders with instantaneous information that they can use to formulate their trading decisions.
Visit our comprehensive EURUSD trading guide to learn how to Spread bet EURUSD to rise or fall.
Traders can practice check live charts, test new trading ideas, practice trading and try out trading orders using EURUSD Spread on demo account.
The Forex market unlike other traditional financial markets operates on spreads rather than commissions. This is the reason why most brokers advertise their services as being commission free. A spread is simply defined as the price difference in pips between where a trader may purchase or sell an underlying asset. You can easily put it as the difference between the Bid and Ask price. For example if the Bid & Ask price for the EURUSD currency pair is 1.0875/1.0878, this means the spread is 3 pips.
It is imperative that new Forex traders and investors become familiar with spreads on the leading Forex pairs, as this is the primary cost of trading between currencies.
Who are the Best Forex Brokers?
The best currency trading brokers are always genuine Forex brokers that offer the tightest spread on EURUSD and other majors. If you are new to Forex trading and you want to trade on the EURUSD, you will be faced with the following popular broker offers.
EURUSD Fixed spread – where the spread is not changing and you know the spread amount before you trade.
EURUSD Floating spread – this spread is variable and always moving depending on the market volatility.
Commission fee – this is calculated as a percentage of the brokers spread. You should be aware of the amount payable before you trade.
The kind of spreads that you will receive depend to a large extent on the kind of account and business model the broker is operating on.
Why Investors Trade Using EURUSD Spread
This currency pair is well decorated and associated with a basic technical analysis. The best thing about this currency pair is that it is not too volatile. If you are not in a position to take any risk, you can think of selecting this as your best Forex pair to trade, without it causing you too much doubt in your mind.
We are here for you
We live chart tool, review and deliver brokers spreads, showing you the lows and highs for you to compare and make an informed decisions to match your trading benefits and needs.
We don’t deliver broker live spreads. That information is more or less not significant. The values of the EURUSD spread keeps fluctuating, as trade volumes between the two economies change every minute. What matters is a broker’s average and their range, not what the value happens to be right now.
If you have any question or update pertaining Forex brokers and EURUSD spread, do not hesitate to contact us or go through our Forex broker reviews.
Why choose a random broker when you can easily make the right choice by following our well branded review of Forex brokers EURUSD spread.