The VELOS Forex offering is one of the most competitive in the world.
VELOS offers Forex traders some of the tightest spreads out of all Forex exchange brokers globally with our EUR/USD spread averaging 0.1 pips. Tight spreads combined with our low latency enterprise grade hardware makes VELOS the ideal choice for active day traders and those using Expert Advisors. The table at the bottom of this page shows our minimum and average spreads across all of the major currency pairs.
How does Forex Trading work?
Forex trading is similar to trading shares or futures except that when trading foreign exchange you are buying or selling one currency against another and you do not take delivery of the underlying currency. One of the key advantages Forex has over other financial instruments is that relatively small lot sizes can be traded - lot sizes can be as small as 1000 units (one micro lot). Typically, foreign exchange also involves leverage which in some cases can be as high as 1:500, which is very different to trading shares where no leverage is involved.
Major Minor Exotic
* MIN - minimum, AVG - average
||Australian Dollar vs United States Dollar
||Euro vs United States Dollar
||British Pound vs United States Dollar
||United States Dollar vs Canadian Dollar
||United States Dollar vs Swiss Franc
||United States Dollar vs Japanese Yen
Spreads generated from data between 24/05/2021 and 28/05/2021