Open a free practice account and experience the Forex market risk-free with exclusive access to VT Trader™ 2.0.
By providing your telephone number you agree that CMS Forex UK can contact you by telephone to guide you in the use of your practice account, inform you about our trading products and services and answer any questions you may have.
Simulated conditions may differ from real conditions, and traders should not necessarily expect the same results from live trading.
The spread is the difference between the Bid and the Ask price of a given currency pair. The Ask is the price you pay to buy and the Bid is the price at which you sell a currency pair. CMS Forex UK charges no commissions, and as a market maker may make some of its revenue from the Bid/Ask spread. CMS Forex UK offers 2 Pip fixed spreads on EUR/USD and USD/JPY , our most popular currency pairs.* Competitive spreads lower your transaction costs per trade and may make it easier to open and close individual positions closer to your target price.
On March 8, 2009, CMS Forex UK began offering variable spreads on certain non-major currency pairs. CMS Forex UK strives to provide our customers with the most competitive trading terms and the best trading environment we can offer. In fact, most of the pairs affected by this change in spread start at a variable price below the level at which they were fixed, enabling our clients to potentially trade at an even better spread than what was offered before.
| Currency Pair | Fixed Spread* | Variable Spread (as low as)
|
| AUD/CAD | 4.5 | |
| AUD/CHF | 5 | |
| AUD/JPY | 3.2 | |
| AUD/NZD | 7.3 | |
| AUD/USD | 5 | |
| CAD/JPY | 3.3 | |
| CHF/JPY | 2.5 | |
| EUR/AUD | 4.5 | |
| EUR/CAD | 4.5 | |
| EUR/CHF | 2.5 | |
| EUR/DKK | 3 | |
| EUR/GBP | 2.2 | |
| EUR/JPY | 2.4 | |
| EUR/NOK | 60 | |
| EUR/NZD | 15 | |
| EUR/PLN | 180 | |
| EUR/SEK | 60 | |
| EUR/TRY | 25 | |
| EUR/USD | 2 | |
| GBP/AUD | 6.5 | |
| GBP/CAD | 12 | |
| GBP/CHF | 4.9 | |
| GBP/JPY | 4.3 | |
| GBP/NZD | 15 | |
| GBP/USD | 2.5 | |
| NZD/JPY | 4.9 | |
| NZD/USD | 4 | |
| USD/CAD | 5 | |
| USD/CHF | 2.9 | |
| USD/DKK | 10 | |
| USD/HKD | 5 | |
| USD/JPY | 2 | |
| USD/MXN | 60 | |
| USD/NOK | 50 | |
| USD/PLN | 20 | |
| USD/SEK | 50 | |
| USD/SGD | 4.3 | |
| USD/TRY | 15 | |
| USD/ZAR | 75 | |
| XAG/USD | 5 | |
| XAU/USD | 50 | |
| ZAR/JPY | 2.5 |
At CMS Forex UK, we pride ourselves in providing low spreads coupled with quality execution.
†CMS Forex UK is compensated through the Bid/Ask spread.
‡For qualifying accounts only.
*Under extreme market conditions, CMS Forex UK reserves the right to modify its spreads.