Equiti Spreads learning
Equiti is a well-established forex and CFD broker operating in Jordan and globally since 2008. The company offers trading on a wide range of financial instruments, including forex pairs, commodities, indices, stocks, and cryptocurrencies. One of the key features that sets Equiti apart is its competitive spread offerings, which we’ll explore in detail in this article.
Understanding Equiti’s Spread Structure
At Equiti, we provide our clients with access to tight spreads across various asset classes. Our spread structure is designed to cater to different types of traders, from beginners to experienced professionals. Here’s a breakdown of our spread offerings:
- Forex Majors: Starting from 0.2 pips
- Forex Minors: From 0.5 pips
- Exotic Pairs: From 1.0 pips
- Commodities: From 0.03 pips
- Indices: From 0.4 points
It’s important to note that these spreads are variable and may fluctuate based on market conditions. During periods of high volatility or significant economic events, spreads may widen temporarily.
Factors Affecting Spread Costs
Several factors can influence the spread costs you experience when trading with Equiti:
- Market Volatility: Higher volatility often leads to wider spreads.
- Trading Hours: Spreads may be tighter during peak trading hours.
- Liquidity: More liquid assets typically have narrower spreads.
- Account Type: Different account types offer varying spread structures.
- Instrument Traded: Some instruments naturally have wider spreads than others.
Equiti Account Types and Spreads
Equiti offers multiple account types to suit different trading styles and preferences. Each account type comes with its own spread structure:
Account Type | Minimum Deposit | Typical EUR/USD Spread |
Executive | $500 | 1.6 pips |
Premiere | $20,000 | 0.2 pips |
MAM | Varies | Based on strategy |
The Executive Account is our standard offering, suitable for most traders. It provides competitive spreads with no additional commissions. The Premiere Account, designed for high-volume traders, offers even tighter spreads but requires a higher minimum deposit.
Executive Account Spreads
The Executive Account provides access to over 100 trading instruments with competitive spreads:
- Major Forex Pairs: From 1.4 pips
- Minor Forex Pairs: From 1.8 pips
- Commodities: From 2.5 points
- Indices: From 50 points
- Cryptocurrencies: From 50 points
Premiere Account: Ultra-Tight Spreads
For traders seeking the lowest possible trading costs, our Premiere Account offers institutional-grade spreads:
- Major Forex Pairs: From 0.2 pips
- Minor Forex Pairs: From 0.5 pips
- Commodities: From 0.03 points
- Indices: From 0.4 points
- Cryptocurrencies: From 30 points
While the Premiere Account requires a higher minimum deposit, it can significantly reduce trading costs for high-volume traders.
MAM Account Spreads
Our Multi-Account Manager (MAM) accounts are tailored for money managers and institutional clients. The spread structure for these accounts is flexible and can be customized based on the specific requirements of each manager or institution.
Comparing Equiti Spreads to Industry Standards
To give you a better understanding of how Equiti’s spreads compare to industry standards, we’ve compiled a comparison table:
Instrument | Equiti (Executive) | Industry Average |
EUR/USD | 1.6 pips | 1.5-2.0 pips |
GBP/USD | 1.8 pips | 1.8-2.5 pips |
Gold | 25 points | 30-50 points |
DAX30 | 100 points | 100-150 points |
S&P 500 | 50 points | 50-80 points |
As you can see, Equiti’s spreads are competitive and often below industry averages, especially for our Premiere Account holders.
The Impact of Spreads on Trading Costs
Understanding the impact of spreads on your trading costs is crucial for long-term profitability. Here’s how spreads affect different aspects of your trading:
- Entry and Exit Costs: Wider spreads increase the cost of opening and closing positions.
- Scalping Strategies: Tighter spreads are essential for short-term trading strategies.
- Long-Term Positions: Spread impact is less significant for longer-term trades.
- Risk Management: Wider spreads may require adjusting stop-loss and take-profit levels.
- Overall Profitability: Lower spreads can contribute to higher potential profits over time.
Calculating Trading Costs
To calculate your trading costs, consider both the spread and any additional commissions. For Equiti’s Executive Account, the spread is the primary cost. For the Premiere Account, there’s an additional commission of $7 per lot (round turn) for forex pairs.
Equiti’s Commitment to Competitive Pricing
At Equiti, we continuously strive to offer the most competitive spreads possible while maintaining high-quality execution. Our pricing model is designed to be fair and transparent, with no hidden fees or markups.
Feature | Equiti Offering |
Spread Type | Variable (floating) |
Typical EUR/USD Spread | From 0.2 pips (Premiere Account) |
Commission | $0 (Executive), $7 per lot round turn (Premiere) |
Minimum Trade Size | 0.01 lots |
Maximum Leverage | Up to 1:500 (subject to regulatory restrictions) |
We regularly review and adjust our spread offerings to ensure they remain competitive in the ever-changing forex market landscape.
FAQ:
Equiti’s spreads are highly competitive in the Jordanian market, starting from as low as 0.2 pips on major forex pairs for Premiere Account holders. This positioning makes us one of the most cost-effective brokers in Jordan for forex and CFD trading.
Equiti maintains a transparent fee structure. For Executive Account holders, the spread is the primary cost. Premiere Account holders pay a small commission in addition to tighter spreads. We do not charge any hidden fees or markups beyond these clearly stated costs.
Yes, clients can request an account upgrade from Executive to Premiere to access tighter spreads. This upgrade is subject to meeting the higher minimum deposit requirement and approval from our account management team. Contact our customer support for assistance with account upgrades.
