Spreads

ACFX offers tight and competitive spreads. There are three account types designed to suit every kind of investor or trader. In order to make it simple and easy, ACFX provides 5 decimal places fixed spreads on the Classic and VIP accounts. In order to cater for professional and institutional investors, ACFX also provides an STP account with a variable 5 decimal places spread. The table below illustrates the spreads on each account type:

For Classic & VIP Accounts

Instrument	Classic	VIP	Standard contract size	Swap in Points Long/Short
EURUSD	2.2	1.5	100000	+1	-5
GBPUSD	2.5	1.8	100000	0	-3
USDJPY	2.2	1.5	100000	-1	-1
USDCHF	2.2	1.5	100000	-1	-1
AUDUSD	2.7	2	100000	+5	-20
USDCAD	2.7	2	100000	-4	0
NZDUSD	3.7	3	100000	+1	-10
EURGBP	3.7	3	100000	-1	-2
EURCHF	3.7	3	100000	0	-5
EURAUD	10	8	100000	-18	+5
EURNZD	11	9	100000	-15	+9
EURCAD	11	9	100000	-1	-2
CHFJPY	7	5	100000	-1	-1
CADJPY	7	5	100000	-1	-1
EURJPY	2.7	2	100000	0	-5
GBPJPY	7	5	100000	0	-5
AUDJPY	9	7	100000	+5	-9
NZDJPY	11	9	100000	+3	-6
CHFAUD	10	8	100000	+6	-12
CADCHF	10	8	100000	-1	-1
GBPCAD	10	8	100000	-1	-3
GBPCHF	7.7	7	100000	0	-3
GBPAUD	11	9	100000	-18	+5
GBPNZD	22	20	100000;	-16	+9
AUDNZD	11	9	100000	+2	-11
AUDCAD	11	9	100000	+6	-12
NZDCAD	11	9	100000	+3	-7
NZDCHF	9	7	100000	+3	-7

Instrument	Classic	VIP	Standard contract size	Swap in Money Long/Short
GOLD	50**	45**	100 Oz	-3$	0
SILVER	6**	5**	5000 Oz	-3$	0
OIL	6**	5**	1000 Barrels	0	0
BRENT	6**	5**	1000 Barrels	0	0
SILVEREUR	6	5	5000 Oz	-3$	0
GOLDEUR	50	45	100 Oz	-3$	0
SHARES	Variable	Variable	100	0	0
UK100.X (FTSE 100)	Variable	Variable	10	-1.2	+0.3 EUR
GER30.X (DAX)	Variable	Variable	25	-6	+3 EUR
JAP225.X (Nikkei 225)	Variable	Variable	5	-0.5	-0.1 USD
US500.X (S & P 500)	Variable	Variable	50	-0.7	-0.15 USD
US30.X (DOW 30)	Variable	Variable	5	-0.7	-0.15 USD

For STP Accounts

Product	Spreads
Spot Forex	Variable from 0.7 pip
Crude and Brent	Variable from 5 cents
Gold	Variable from 60 cents
Silver	Variable from 3 cents
Others	See market information sheet

* Forex Spreads for the VIP & Classic accounts are fixed most of the time. During abnormal market conditions, low liquidity, high activity, or extreme conditions, forex fixed spreads might be higher. On the STP account spreads are variable and are indicative of market conditions.

* Commodities on VIP & Classic are traded on fixed spreads during normal trading hours. Spreads will be widened outside of market trading hours.

* Spreads on the indices and equities are usually variable.

* Swap free accounts incur higher spreads usually (one pip higher)

** These spreads are applicable during normal market trading hours. Outside these hours spreads on commodities will widen.