CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 78% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money. See our full Risk Disclosure and Terms of Business for further details.

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How is the spread measured?

The spread is measured in pips, which means the smallest unit of price movement for a currency pair. For most pairs, one pip equals 0.0001. If EUR/USD is 1.1051/1.1053, the spread is 2 pips.