FXCM says EUR/USD spread averaged 0.3 pips during peak trading hours in 2015


Online trading services provider FXCM Inc (NYSE:FXCM) today published spread data for some of the most popular currency pairs for 2015.

According to the report, the average spread for EUR/USD during peak hours was 0.3 pips, whereas the spread was 0.1 pips or less during 8.32% of the time in 2015.

Below you can find out the detailed numbers. The data was compiled using the average spread for FXCM standard accounts during peak market trading hours as well as non-peak trading hours. FXCM also calculated the percentage of time spreads were .1 pip or less, at any time of the day.

Average Spread During Peak Trading Hours: (1am EST – 1pm EST from January 1, 2015 to December 31, 2015, excluding weekends)

EUR/USD

  • Average Spread for 2015 During Peak Trading Hours: 0.3 (rounded up from 0.292)
  • Total round trip cost = 0.3 spread + $0.04 + $0.04 commission = $0.11 all in cost per 1K lot
  • Total round trip cost = 0.3 spread + $0.40 + $0.40 commission = $1.10 all in cost per 10K lot
  • Total round trip cost = 0.3 spread + $4.00 + $4.00 commission = $11.00 all in cost per 100K lot
  • Average Spread for Q3 2015 During Peak Trading Hours: 0.3 (rounded up from 0.287)
  • Average Spread for Q4 2015 During Peak Trading Hours: 0.3 (rounded up from 0.28)

USD/JPY

  • Average Spread for 2015 During Peak Trading Hours: 0.3 (rounded up from 0.264)
  • Total round trip cost = 0.3 spread + $0.04 + $0.04 commission = $0.11 all in cost per 1K lot
  • Total round trip cost = 0.3 spread + $0.40 + $0.40 commission = $1.10 all in cost per 10K lot
  • Total round trip cost = 0.3 spread + $4.00 + $4.00 commission = $11.00 all in cost per 100K lot
  • Average Spread for Q3 2015 During Peak Trading Hours: 0.3 (rounded up from 0.263)
  • Average Spread for Q4 2015 During Peak Trading Hours: 0.2 (rounded down from 0.24)

GBP/USD

  • Average Spread for 2015 During Peak Trading Hours: 0.5 (rounded up from 0.458)
  • Total round trip cost = 0.5 spread + $0.04 + $0.04 commission = $0.13 all in cost per 1K lot
  • Total round trip cost = 0.5 spread + $0.40 + $0.40 commission = $1.30 all in cost per 10K lot
  • Total round trip cost = 0.5 spread + $4.00 + $4.00 commission = $13.00 all in cost per 100K lot
  • Average Spread for Q3 2015 During Peak Trading Hours: 0.5 (rounded up from 0.45)
  • Average Spread for Q4 2015 During Peak Trading Hours: 0.5 (rounded up from 0.46)

AUD/USD

  • Average Spread for 2015 During Peak Trading Hours: 0.3 (rounded down from 0.347)
  • Total round trip cost = 0.3 spread + $0.04 + $0.04 commission = $0.11 all in cost per 1K lot
  • Total round trip cost = 0.3 spread + $0.40 + $0.40 commission = $1.10 all in cost per 10K lot
  • Total round trip cost = 0.3 spread + $4.00 + $4.00 commission = $11.00 all in cost per 100K lot
  • Average Spread for Q3 2015 During Peak Trading Hours: 0.3 (rounded down from 0.307)
  • Average Spread for Q4 2015 During Peak Trading Hours: 0.3 (rounded down from 0.33)

Average Spread during Non-Peak Trading Hours: (1pm EST – 1am EST from January 1, 2015 to December 31, 2015, excluding weekends)

EUR/USD

  • Average Spread for 2015 During Non-Peak Trading Hours: 0.6 (rounded up from 0.553)
  • Total round trip cost = 0.6 spread + $0.04 + $0.04 commission = $0.14 all in cost per 1K lot
  • Total round trip cost = 0.6 spread + $0.40 + $0.40 commission = $1.40 all in cost per 10K lot
  • Total round trip cost = 0.6 spread + $4.00 + $4.00 commission = $14.00 all in cost per 100K lot
  • Average Spread for Q3 2015 During Non-Peak Trading Hours: 0.6 (rounded down from 0.63)
  • Average Spread for Q4 2015 During Non-Peak Trading Hours: 0.6 (rounded up from 0.563)

USD/JPY

  • Average Spread for 2015 During Non-Peak Trading Hours: 0.5 (rounded down from 0.521)
  • Total round trip cost = 0.5 spread + $0.04 + $0.04 commission = $0.13 all in cost per 1K lot
  • Total round trip cost = 0.5 spread + $0.40 + $0.40 commission = $1.30 all in cost per 10K lot
  • Total round trip cost = 0.5 spread + $4.00 + $4.00 commission = $13.00 all in cost per 100K lot
  • Average Spread for Q3 2015 During Non-Peak Trading Hours: 0.6 (rounded up from 0.583)
  • Average Spread for Q4 2015 During Non-Peak Trading Hours: 0.5 (rounded down from 0.54)

GBP/USD

  • Average Spread for 2015 During Non-Peak Trading Hours: 1.0 (rounded down from 1.03)
  • Total round trip cost = 1.0 spread + $0.04 + $0.04 commission = $0.18 all in cost per 1K lot
  • Total round trip cost = 1.0 spread + $0.40 + $0.40 commission = $1.80 all in cost per 10K lot
  • Total round trip cost = 1.0 spread + $4.00 + $4.00 commission = $18.00 all in cost per 100K lot
  • Average Spread for Q3 2015 During Non-Peak Trading Hours: 1.1 (rounded down from 1.11)
  • Average Spread for Q4 2015 During Non-Peak Trading Hours: 1.1 (rounded up from 1.08)

AUD/USD

  • Average Spread for 2015 During Non-Peak Trading Hours: 0.7 (rounded up from 0.663)
  • Total round trip cost = 0.7 spread + $0.04 + $0.04 commission = $0.15 all in cost per 1K lot
  • Total round trip cost = 0.7 spread + $0.40 + $0.40 commission = $1.50 all in cost per 10K lot
  • Total round trip cost = 0.7 spread + $4.00 + $4.00 commission = $15.00 all in cost per 100K lot
  • Average Spread for Q3 2015 During Non-Peak Trading Hours: 0.7 (rounded down from 0.72)
  • Average Spread for Q4 2015 During Non-Peak Trading Hours: 0.7 (rounded up from 0.673)

PERCENTAGE OF TIME SPREADS WERE LESS THAN .1

EUR/USD

  • Percent of time .1 or less 2015: 8.32%
  • Total round trip cost = 0.1 spread + $0.04 + $0.04 commission = $0.09 all in cost per 1K lot
  • Total round trip cost = 0.1 spread + $0.40 + $0.40 commission = $0.90 all in cost per 10K lot
  • Total round trip cost = 0.1 spread + $4.00 + $4.00 commission = $9.00 all in cost per 100K lot
  • Percent of time .1 or less Q3: 7.12%
  • Percent of time .1 or less Q4: 8.07%

USD/JPY

  • Percent of time .1 or less 2015: 10.39%
  • Total round trip cost = 0.1 spread + $0.04 + $0.04 commission = $0.09 all in cost per 1K lot
  • Total round trip cost = 0.1 spread + $0.40 + $0.40 commission = $0.90 all in cost per 10K lot
  • Total round trip cost = 0.1 spread + $4.00 + $4.00 commission = $9.00 all in cost per 100K lot
  • Percent of time .1 or less Q3: 7.59%
  • Percent of time .1 or less Q4: 10.47%

GBP/USD

  • Percent of time .1 or less 2015: 2.75%
  • Total round trip cost = 0.1 spread + $0.04 + $0.04 commission = $0.09 all in cost per 1K lot
  • Total round trip cost = 0.1 spread + $0.40 + $0.40 commission = $0.90 all in cost per 10K lot
  • Total round trip cost = 0.1 spread + $4.00 + $4.00 commission = $9.00 all in cost per 100K lot
  • Percent of time .1 or less Q3: 2.88%
  • Percent of time .1 or less Q4: 2.09%

AUD/USD

  • Percent of time .1 or less 2015: 5.11%
  • Total round trip cost = 0.1 spread + $0.04 + $0.04 commission = $0.09 all in cost per 1K lot
  • Total round trip cost = 0.1 spread + $0.40 + $0.40 commission = $0.90 all in cost per 10K lot
  • Total round trip cost = 0.1 spread + $4.00 + $4.00 commission = $9.00 all in cost per 100K lot
  • Percent of time .1 or less Q3: 7.15%
  • Percent of time .1 or less Q4: 5.35%

You can view the announcement from FXCM by clicking here.

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FXCM says EUR/USD spread averaged 0.3 pips during peak trading hours in 2015

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