{"version":"1.0","provider_name":"For overseas forex cashback services, try Money Charger","provider_url":"https://money-charger.com/en/","author_name":"admin","author_url":"https://money-charger.com/en/author/admin/","title":"A thorough explanation of ThreeTrader's spreads | Cost comparison by account and instrument, and actual measured data (ThreeTrader) - Money Charger, the overseas FX cashback service","type":"rich","width":600,"height":338,"html":"A thorough explanation of ThreeTrader's spreads: Cost comparison by account and instrument, and actual measured data (ThreeTrader)
\n","thumbnail_width":2048,"thumbnail_height":1076,"description":"ThreeTrader is an overseas forex broker that has gained the support of many traders due to its narrow spreads and high execution speed. In particular, spreads are a very important point for users who prioritize trading costs. This article introduces the characteristics of spreads for each account type at ThreeTrader, and lists the average spreads for each instrument, including major currency pairs, precious metals, stock indices, and cryptocurrencies. Furthermore, it explains comparisons with other companies, tips for reducing spreads, and cashback programs, so please use this as a reference when choosing an account and managing costs. ThreeTrader Spread Overview and Account Types Here, we will introduce the following three points regarding the specifications of ThreeTrader's spreads. ThreeTrader has a specification where spreads differ depending on the order method adopted by each account type. Understand these points and choose an environment that suits your trading style. Raw Zero Account: \"0 pips ~ + commission type\" is the basic style The Raw Zero account is a professional-grade account characterized by its industry-leading narrow spreads. Spreads start from 0 pips, and a commission of $4 round trip per lot is charged. The Raw Zero account's strength lies in its low-cost specifications, which allow you to minimize costs in short-term trading such as scalping and EAs (automated trading). For example, EUR/USD often has a narrow spread of 0.1 to 0.2 pips on average, making it suitable for trading that targets small price movements. The Pure Spread account is \"commission-free/spread-added.\" The Pure Spread account is a simple type where there are no commissions whatsoever, and trading costs are included in the spread. By incorporating trading costs into the spread in advance, even beginners and medium- to long-term traders can intuitively grasp their profits and losses. However, aside from the absence of trading commissions, the Raw Zero account is superior, so ThreeTrader generally recommends the Raw Zero account. Spec Comparison: Leverage, Minimum Deposit, Order Method A comparison table of the specifications of the Raw Zero account and the Pure Spread account is summarized below. Scrollable Item Raw Zero Account Pure Spread Account Maximum Leverage 1,000x 1,000x Minimum Deposit $50 $50 Spread 0 pips to approximately 1.2 pips Trading Commission $4/lot (round trip) Free Order Method ECN STP Recommended Style Scalping, EA, Swing, Beginner The Raw Zero and Pure Spread accounts share the same leverage and minimum deposit, both offering a maximum of 1,000x leverage and starting from $50. The main differences lie in trading costs and order methods. ThreeTrader Spread and Trading Cost List by Account Type Here, we present a table of ThreeTrader's spreads by account type. The MoneyChat editorial team has compiled average values of ThreeTrader's spreads obtained from MT5. Spread Comparison of Major Currency Pairs ThreeTrader sets very narrow spreads for major currency pairs overall. Even with a Pure Spread account, the average spread is around 0.5 to 0.8 pips, and with a Raw Zero account, it's around 0.0 to 0.3 pips, making it a low-cost and easy-to-trade platform compared to other companies. Spread Comparison for Minor and Exotic Currency Pairs: ThreeTrader offers generally stable spreads even for minor and exotic currencies. With a Pure Spread account, the average spread is around 1.0 to 2.0 pips, and with a Raw Zero account, many pairs are around 0.5 to 1.0 pips, which is sufficiently narrow compared to major currencies. Spread Comparison for Precious Metals CFDs: ThreeTrader also sets spreads for precious metals CFDs such as gold (XAUUSD), silver (XAGUSD), and platinum (XPTUSD) at a low cost. With a Pure Spread account, gold is approximately 1.4 pips and silver is approximately 4.2 pips, while with a Raw Zero account, they are slightly narrower at 0.9 pips and 3.8 pips respectively. Spread Comparison for Stock Index CFDs […]"}