Wide spreads and delayed execution are the way Traditional Forex Brokers make money. Brokers increase the bid or ask prices to hide their fee into the price of the currency pair instead of displaying interbank quote.

So when you see a forex broker claiming they charge "no commissions", they're making money by increasing spread and delayed execution instead of giving the execution at interbank quote.

FXCENTRAL INC. offers true interbank pricing as we have many leading global banks as our liquidity providers. This strong foundation aims to maximize stability and price transparency. Our commission rates are calculated based on below given examples:

Our commissions are based on total notational USD volume traded which is calculated @ 4.0 $ per 100, 00, 00 USD.

Keep in mind that for most "exotics" e.g. EUR/CHF (3rd example), you must refer to the base currency's relationship to the US dollar (i.e. the base currency is EUR and the cross currency is USD; EUR/USD). Where there is none, e.g. CHF/JPY (4th example), CHF/USD does not exist, therefore use the US dollar based pair (USD/CHF) instead.

Please note that for most “exotics” case like EUR/CHF on below given example, it is advised to refer to the base currency’s relationship to the USD (i.e. base currency is EUR and the cross currency is USD; quoted as EURUSD). Where there is none available in quoted example), Also another similar case is CHF/JPY, so its calculated based on US dollar based pair (USD/CHF) instead.

*Commissions for all asset classes are per side. The combined forex transaction costs include the spread plus commissions.
**Please be note that Due to higher cost of business, FOREX commissions for customers in Asian and Middle East Markets will differ from the above. Please contact our local office for more details.