Combination of Trading spread and slippage in Trade XN
The spread is the difference between the buy (ask) and the sell (bid) price of an instrument.
The spread is one of the chief costs of a trade
The tighter (smaller) the spread, the lower the cost of the trade
We offer both ‘fixed’ spreads and ‘floating’ spreads, so you can decide which account best suits your trading style and strategy
The spread on financial markets is the difference between the buy (ask) price of an instrument and the sell (bid) price of an instrument. When placing a trade on the market, the spread is also the main cost of the position. The tighter the spread, the lower the cost of trading. The wider the spread, the higher it costs. You can also view the spread as the minimum distance the market has to move in your favour before you could start earning a profit.
Introducing Brokers (IBs) are companies or individuals across the globe who make money by introducing clients to Trade XN. We partner with our IBs in an effort to achieve success by offering them one of the best IB commission rates among Forex brokers. Contact us to learn more about our offer.
Our IB programme is not limited to companies or individuals with large lists of potential clients – every trade generated by your referral will earn you money. Our most proactive IB currently earns more than $30,000 per month.
Introducing Trade XN is effortless – our intuitive IB Room offers you advanced fund and account management tools as well as a set of ready-made advertising materials to effectively attract new clients.
TradeXN is an STP broker, which means that we just clear our clients’ trades and retranslate quotes we get from our liquidity providers. Orders in the real market are always executed at current market prices, which is why a slippage may occur in the case of a sharp movement. Please note, that during market-moving news or high volatility, the risk of slippage is higher than during normal conditions. With us, you will get both positive and negative slippages.
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