Spreads at DecodeFX

At DecodeFX, all account types adopt a variable spread model that reflects real-time market liquidity and volatility.
This allows us to provide consistently tight and stable spreads, offering a low-cost trading environment that empowers traders to enhance their performance.
DecodeFX applies a unified spread structure across all account types, delivering a consistent trading experience for all instruments — from major FX pairs to precious metals, stock indices, and cryptocurrencies.
Additionally, with our No Dealing Desk (NDD) execution model, traders benefit from transparent pricing, fair execution, and lightning-fast order processing.
Even during high-volatility events, trading remains smooth and efficient, making DecodeFX an ideal trading environment for both beginners and experienced traders alike.

  1. Spreads at DecodeFX

What Is a Spread?

In FX trading, a spread refers to the difference between the ask (buy) and bid (sell) prices of a currency pair.
In practice, this represents the transaction cost borne by traders.
For example, if USD/JPY is quoted with a bid price of 150.000 and an ask price of 150.010, the spread is 0.010 JPY (1.0 pip).
This price difference directly affects a trader’s profit or loss, making tight spreads one of the most important indicators of a low-cost and efficient trading environment.

What Is a “Pip”?

In FX, the smallest unit of price movement or spread is called a pip (short for percentage in point).

  • For JPY-based currency pairs (e.g., USD/JPY), 0.01 yen = 1.0 pip
  • For most other major pairs (e.g., EUR/USD), 0.0001 = 1.0 pip

A pip serves as the standardized unit used to measure spread differences, profits, and losses in FX trading.

Example: Converting Spreads Into Trading Costs

To understand how spreads translate into actual trading costs, consider the following example using 1 lot (100,000 units):
Example: When the USD/JPY spread is 1.0 pip (0.010 JPY)
Spread = 0.010 JPY × 100,000 units (1 lot) = 1,000 JPY
Thus, a 1.0-pip spread results in a trading cost of approximately 1,000 yen per lot, which is immediately reflected when the trade is executed.

Features of DecodeFX Spreads

At DecodeFX, all account types use a Variable Spread model.
This means spreads fluctuate in real time based on market liquidity and economic conditions.
Such a structure allows for flexible and fair trading under any market environment.

※ Spreads vary in real time across all account types.
DecodeFX connects directly to the STP/ECN network and operates under the No Dealing Desk (NDD) model.
This provides highly transparent pricing and ensures fairness by eliminating any dealing desk intervention.
During periods of high market liquidity, spreads remain extremely tight, and even during volatile market sessions, traders can benefit from stable execution and competitive pricing.
Our variable spread model is applied not only to FX currency pairs but also to precious metals, energy, stock indices, and cryptocurrencies, ensuring optimal trading conditions tailored to each product’s characteristics.

Standard Account

Spreads from 1.0 pips — No trading commission

Pro Account

Spreads from 0.0 pips — Commission USD 2.5 per side / USD 5 round turn

VIP Account

Spreads from 0.2 pips — No trading commission

Difference Between Fixed and Variable Spreads

In FX trading, spreads are generally categorized into two types — Fixed Spreads and Variable Spreads.
Each has its own unique characteristics, advantages, and considerations.

Fixed Spread Variable Spread
Overview Spreads remain constant regardless of market conditions. This type is mainly adopted by domestic brokers. Spreads fluctuate in real time according to market liquidity and volatility.
All account types at DecodeFX use the Variable Spread model.
Execution Model DD model (Dealing Desk). The broker may intervene in price quoting and order execution. NDD model (No Dealing Desk). Prices are market-driven and fully transparent.
Advantages
  • Trading costs remain constant regardless of market movements
  • Costs are predictable even during major economic announcements
  • Extremely tight spreads during stable market conditions
  • High transparency with market-reflective pricing
  • Faster execution with minimal requotes or order rejections
Disadvantages
  • Prone to requotes or order rejections, especially during volatile markets
  • Spreads may be set wider to compensate for fixed pricing
  • Lower overall transparency in execution
  • Spreads can widen during major news releases or at market openings
  • Trading costs fluctuate depending on market hours
  • Requires active position management and adaptability
Transparency Low (broker intervention possible) High (fully market-based pricing)
Best Suited For Traders who prefer stable costs — beginners or long-term investors Traders seeking optimal trading conditions that adapt to market volatility — intermediate to advanced traders

Minimum Spreads by Instrument – DecodeFX

At DecodeFX, we offer competitive spreads across a wide range of trading instruments — from major currency pairs to indices and commodities.
Our spreads are among the tightest in the industry, providing traders with an optimal and cost-efficient trading environment.
Below is an overview of the typical minimum spreads for each account type.

Minimum Spreads for Major FX Pairs

Currency PairStandard AccountPro AccountVIP Account
All Major FX Pairs1.0 pips0.0 pips0.2 pips

Minimum Spreads for Other Instruments

Minor FX Pairs
通貨ペア買いスワップ（Swap Long）売りスワップ（Swap Short）
AUDCAD-4.82-6.02
AUDCHF1.9-8.86
AUDJPY2.54-14.46
AUDNZD-6.65-4.88
AUDSGD-4.04-7.78
CADCHF1.61-9.26
CADJPY2.48-21.69
CADSGD-2.93-6.95
CHFJPY-4.93-12.32
CHFSGD-17.921.28
EURAUD-12.72-3.47
EURCAD-8.88-3.56
EURCHF1.88-11.49
EURGBP-8.43-0.03
EURJPY0.98-23.05
EURNZD-12.780.98
EURSGD-11.24-6.34
GBPAUD-4.75-11.88
GBPCAD-4.63-16.35
GBPCHF4.3-22.27
GBPJPY6.29-37.61
GBPNZD-9.8-13.8
GBPSGD-4.2-17.1
NZDCAD-1.13-5.68
NZDCHF0.05-8.76
NZDJPY1.16-16.47
NZDSGD-1.04-7.21
SGDJPY1.21-18.16
Exotic FX Pairs
通貨ペア通貨ペア通貨ペア
買いスワップ（Swap Long）買いスワップ（Swap Long）買いスワップ（Swap Long）
売りスワップ（Swap Short）売りスワップ（Swap Short）売りスワップ（Swap Short）
USDCNHUSDCNHUSDCNH
-51.73-51.73-51.73
-125.28-125.28-125.28
USDHKDUSDHKDUSDHKD
-20.59-20.59-20.59
-122.29-122.29-122.29
EURTRYEURTRYEURTRY
-7495.76-7495.76-7495.76
669.98669.98669.98
EURNOKEURNOKEURNOK
-100.39-100.39-100.39
-15.75-15.75-15.75
EURSEKEURSEKEURSEK
-31.5-31.5-31.5
-43.19-43.19-43.19
GBPNOKGBPNOKGBPNOK
-39.76-39.76-39.76
-79.98-79.98-79.98
USDMXNUSDMXNUSDMXN
-513.7-513.7-513.7
44.6944.6944.69
USDNOKUSDNOKUSDNOK
-20.41-20.41-20.41
-63.19-63.19-63.19
USDSEKUSDSEKUSDSEK
0.350.350.35
-91.44-91.44-91.44
USDSGDUSDSGDUSDSGD
-0.02-0.02-0.02
-12.98-12.98-12.98
USDTRYUSDTRYUSDTRY
-6324.63-6324.63-6324.63
544.37544.37544.37
Precious Metals
銘柄スタンダード口座プロ口座VIP口座（※）
XAUUSD1.8 pips0.0 pips0.2 pips
XAUEUR1.9 pips0.1 pips0.1 pips
GAUCNH18.0 pips1.1 pips1.3 pips
GAUUSD1.4 pips0.0 pips0.2 pips
XAGUSD14.1 pips1.3 pips1.3 pips
XPDUSD36.4 pips3.6 pips3.6 pips
XPTUSD24.3 pips2.4 pips2.4 pips
Energy Commodities
銘柄スタンダード口座プロ口座VIP口座（※）
USOIL1.5 pips0.1 pips0.1 pips
UKOIL1.6 pips0.1 pips0.1 pips
Stock Indices
銘柄スタンダード口座プロ口座VIP口座（※）
AUS20021.0 pips1.8 pips1.9 pips
CNA50115.0 pips9.7 pips9.9 pips
DAX4043.0 pips4.1 pips4.3 pips
DOWJ3017.0 pips1.5 pips1.6 pips
EUSTX5045.0 pips4.3 pips4.3 pips
FTSE10039.0 pips3.7 pips3.9 pips
HK50103.0 pips10.1 pips10.3 pips
JP22555.0 pips5.7 pips5.9 pips
NAS10014.0 pips1.2 pips1.2 pips
SPX50010.0 pips0.8 pips0.8 pips
銘柄スタンダード口座プロ口座VIP口座（※）
AUS20021.0 pips1.8 pips1.9 pips
CNA50115.0 pips9.7 pips9.9 pips
DAX4043.0 pips4.1 pips4.3 pips
DOWJ3017.0 pips1.5 pips1.6 pips
EUSTX5045.0 pips4.3 pips4.3 pips
FTSE10039.0 pips3.7 pips3.9 pips
HK50103.0 pips10.1 pips10.3 pips
JP22555.0 pips5.7 pips5.9 pips
NAS10014.0 pips1.2 pips1.2 pips
SPX50010.0 pips0.8 pips0.8 pips
Cryptocurrencies
銘柄スタンダード口座プロ口座VIP口座（※）
BTCUSD312.0 pips36.1 pips36.7 pips
ETHUSD59.0 pips4.5 pips4.8 pips
LTCUSD223.0　 pips20.7 pips20.8 pips
XRPUSD43.0 pips4.7 pips4.7 pips
DOGEUSD2.9 pips0.3 pips0.3 pips

How to Check Spreads on DecodeFX | Steps and Key Notes

At DecodeFX, spreads fluctuate in real time depending on market conditions.
It is therefore essential to check the “current spread” before executing any trades to ensure you are aware of the latest trading costs.
■ Checking via Trading Platforms (MT4 / MT5)
DecodeFX provides real-time spread information directly through the MetaTrader 4 (MT4) and MetaTrader 5 (MT5) platforms.
Follow the steps below to check spreads on the PC version of MT4 or MT5.

Log in to MT4 / MT5

Launch MT4 or MT5, enter your account ID and password, and select
“DecodeGlobalLtd-Main Server” from the server list to log in.
🔹 Login credentials are sent to you via email when your account is opened.
🔹 If you cannot find your login details, a password reset may be required.
For more information, please refer to the “How to Reset Your Password” guide.

5

２.Select “Spread”

In the Market Watch window on the left-hand side, right-click within the window and select “Spread” from the dropdown menu.

6

３.Check Real-Time Spreads

The current spreads will appear in the Spread column within the Market Watch window.
On MT4 and MT5, spreads are displayed in points, where 10 points = 1.0 pip.
Example:
If the spread shows “15”, this means 1.5 pips.

7

How to Check Spreads on the DecodeFX Mobile App (MT4 / MT5)：

１.Log in to MT4 / MT5

Launch the MT4 or MT5 mobile app, enter your account ID and password,
then select “DecodeGlobalLtd-Main Server” from the server list to log in.

8

２.Select “Spread”

In the Quotes tab, tap “Advanced Mode” to enable the spread display option.

9

3.Check Real-Time Spreads

Once enabled, the current spread for each symbol will appear directly below the price quotes.
Spreads update in real time as market conditions change.

10

💬 If You Cannot See the Spread Display

If you are unable to view spreads in your mobile app or cannot access the client portal,
please contact our customer support team below:

📩 DecodeFX Customer Support (Japanese Service Available)
Email: jpsupport@decodefx.com

Important Notes Regarding DecodeFX Spreads

At DecodeFX, all account types use real-time variable spreads.
This means that the spread value fluctuates continuously depending on market liquidity and volatility.
It’s important to note that trading costs may vary significantly depending on the timing of your trades.

■ When Spreads Tend to Widen

Spreads may temporarily widen under the following conditions:

  • During major economic announcements such as U.S. employment statistics or FOMC meetings.These events can cause market volatility and instability, leading to temporarily wider spreads.
  • During periods of low market activity, such as early morning hours in Japan, before market openings, or on public holidays.Lower liquidity during these times can cause spreads to widen.
  • During sudden geopolitical or market shocks — including wars, natural disasters, or political events —spreads can change dramatically due to increased uncertainty and market turbulence.

■Trading Strategies for Real-Time Variable Spreads

Since DecodeFX uses a real-time variable spread model, proper risk management is essential.
For short-term traders and scalpers, it is important to design your entry and exit strategies
while considering the possibility of spread widening during volatile periods.
For professional traders, while spreads tend to be narrower,
note that there may be an additional trading commission (fee) applied.
It’s recommended to consider the total trading cost (spread + commission) when choosing your account type.

■ Always Check Spreads Before Trading

Spreads represent a real-time trading cost, not a fixed fee.
Always check the Bid/Ask price difference on MetaTrader (MT4/MT5) before entering any trade.
For those who engage in scalping or short-term trading,
make it a habit to check current spread conditions in real time to avoid unexpected costs.

DecodeFX Spread – Frequently Asked Questions (FAQ)

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