Fortune Prime Global (FPG) EUR/USD Spread Compared to Top Competitors

Your location is United States

We’ve selected Top Brokers providing services in your country. If you would like to learn about the best brokers in a different region, please use the “Find my broker” service.

The average spread for the EUR/USD across more than 200 brokers that offer ECN and Raw Spread accounts showed it is 0.17 pips. The average spread of Fortune Prime Global (FPG) for the EUR/USD currency pair is 0,10, which corresponds to a Low level

How Does Fortune Prime Global (FPG) EUR/USD Spread Compare to top Competitors?

The average EUR/USD spread among over 200 researched Forex brokers on ECN accounts is 0.17 pips All spreads mentioned are based on the analysis of publicly available sources and data provided by the brokers. . We also compared the spreads and per-lot fees of Fortune Prime Global (FPG) with top competitors that accept clients from your country.

What Other Fees Does Fortune Prime Global (FPG) Charge?

We also compared the spreads of Fortune Prime Global (FPG) on Standard account types with those of competitors, as well as non-trading fees such as inactivity fees and withdrawal fees.

Fortune Prime Global (FPG) ECN/Raw Spread Account vs Standard Account: Where is the Lower Spread?

According to calculations by Traders Union based on the analysis of over 300 brokers, the average cost of executing a trade of 1 standard lot of EUR/USD on an ECN/RAW account, including spread and commission, is $5.20. In contrast, the average spread on a Standard account is 0.8 pips, which is equivalent to $8 per lot. It is also worth noting that ECN/RAW accounts generally offer faster order execution and allow trading with bots, making them more suitable for active traders.

The average Fortune Prime Global (FPG) EUR/USD spread is 0,10, which equal to 1$, plus you will need to pay a commission per lot of ECN 3,50$. Fortune Prime Global (FPG) Standard account spread is 0,5, which equal to 0,10; however, there is no extra commission to pay in this case.

What Other Factors Directly Affect Fortune Prime Global (FPG) EUR/USD Spread?

Several factors directly impact Fortune Prime Global (FPG) the overall cost of executing trades in EUR/USD, beyond just the average spread. Here are some key considerations:

• Liquidity and Daily Turnover:

  Higher liquidity and larger daily turnover generally result in tighter spreads and better trade execution. Brokers with higher liquidity can offer more competitive pricing and faster order execution, which is crucial for active traders.

  Top 3 Forex Brokers by Trading Turnover

  	Average Daily Turnover for All Currency Pairs $B
  IC Markets	29	Open an account Your capital is at risk.
  Saxo Bank	20,01	Open an account Your capital is at risk.
  StoneX	18,6

• Fortune Prime Global (FPG) Order Execution Speed:

  Faster order execution reduces the likelihood of slippage, ensuring that trades are executed at the expected prices. This is especially important for scalpers and high-frequency traders. Typically, order execution speed is better on ECN accounts. Fortune Prime Global (FPG) is an ECN forex broker, which means it offers high.

• Time of Day:

  • Best Times to Trade EUR/USD is Peak Activity: 8:00 AM to 12:00 PM EST (1:00 PM to 5:00 PM GMT). During the overlap of the London and New York sessions, liquidity is highest and spreads are usually the tightest.
  • Worst Times to Trade EUR/USD: 5:00 PM to 10:00 PM EST (10:00 PM to 3:00 AM GMT). Spreads widen during this period due to low liquidity when major markets are closed.

• Commission Fees

  In addition to spreads, commission fees per trade can significantly impact the total cost. ECN/RAW accounts often charge a commission per lot, which needs to be factored into the overall trading cost.

  Fortune Prime Global (FPG) Commison Per Lot is 3,50$

• Non-Trading Fees:

  Inactivity fees, withdrawal fees, and other non-trading charges can add up and impact your overall profitability. It is essential to review all potential fees associated with the broker.

• VPS (Virtual Private Server) Services:

  Utilizing a VPS can enhance your trading by providing a stable and high-speed internet connection, reducing latency and potential slippage. This is particularly beneficial for automated trading systems and high-frequency traders, as it ensures your trades are executed as quickly as possible, minimizing execution costs.

  Fortune Prime Global (FPG) Extra Services For Active Traders Vs Competitors

  	Fortune Prime Global (FPG)	Plus500	Pepperstone
  Free VPS	Yes	No	Yes
  API	No	No	Yes
  Signals (alerts)	Yes	Yes	Yes
  TradingView integration	No	Yes	Yes
  Trading bots (EAs)	Yes	Yes	Yes
  Scalping	Yes	Yes	Yes
  One click trading	Yes	Yes	Yes

Fortune Prime Global (FPG) Regulation and Other Important Trading Conditions

How does Fortune Prime Global (FPG) Make Money From EURUSD Spread

On a Standard account, Fortune Prime Global (FPG) makes money by charging a spread, which is the difference between the bid (buy) and ask (sell) price. The spread is typically marked up by the broker, meaning that Fortune Prime Global (FPG) includes a profit margin in the spread that you pay when opening or closing a EUR/USD trade.

On an ECN/Raw account, the broker doesn't mark up the spread but instead charges a small commission per trade. In this case, the spread is usually much tighter, often close to zero, as it reflects real market conditions. Fortune Prime Global (FPG) makes money primarily from the commission fees 3,50$ per lot.

Related Articles

• Understanding Valetax EUR/USD Spread: Is It High Or Low?
  Andrey Mastykin

  5 days ago
• Understanding Bold Prime EUR/USD Spread: Is It High Or Low?
  Andrey Mastykin

  5 days ago
• Understanding AC Capital Market EUR/USD Spread: Is It High Or Low?
  Andrey Mastykin

  5 days ago
• Understanding RCG Markets EUR/USD Spread: Is It High Or Low?
  Andrey Mastykin

  5 days ago
• Understanding Pure Market Broker EUR/USD Spread: Is It High Or Low?
  Andrey Mastykin

  5 days ago