Spreads

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The spread a trader pays is the first value to impact a trades P&L. Before any trade becomes profitable, a trader’s position must first move past the cost of the spread. Access to lower spreads move a trader into a profitable position sooner. Many traditional Market Maker forex brokers proudly advertise their low fixed spreads as being an advantage to traders. Nothing could be further from the truth.

Fixed spreads offer no significant advantage and are subject to broker manipulation such as artificial widening. - a tactic whereby dealing desk brokers manipulate available spreads when client positions move against the broker.

Star Financial Markets NDD (No Dealing Desk) execution model offers true market driven spreads. The benefit to every one of our clients is true access to real buying and selling rates and ensures clients are trading under optimal market conditions of supply and demand providing the best available bid/ask rates at any given time.

Our NDD model allows direct access to the largest liquidity pools; the final result of which is low market driven spreads for our clients. We do not compete / trade against our clients or intervene in any way. This grants our clients more advantages over dealing desk / market maker brokers:

  • Low market driven spreads
  • No limits on Scalping
  • No “stop-loss hunting”
  • No requites
  • No conflict of interest between Star Financial Markets and our clients

A fixed spread may seem like a good thing when market conditions are not optimal during times of low liquidity or high volatility. The fact is, a fixed spread remains in place even when lower competitive true buying and selling rates are available. When the fixed spread is in place traders lose in the end.


Foreign Ey Pair

Currency Pair Spread
(Variable)
Open Time
(GMT+3)
Close Time
(GMT+3)
AUDCAD 3.5 Pips Monday 00:00 Friday 24:00
AUDCHF 5.5 Pips Monday 00:00 Friday 24:00
AUDJPY 2.2 Pips Monday 00:00 Friday 24:00
AUDNZD 4.5 Pips Monday 00:00 Friday 24:00
AUDUSD 1.4 Pips Monday 00:00 Friday 24:00
CHFJPY 3.0 Pips Monday 00:00 Friday 24:00
EURAUD 2.2 Pips Monday 00:00 Friday 24:00
EURCAD 2.5 Pips Monday 00:00 Friday 24:00
EURCHF 3.5 Pips Monday 00:00 Friday 24:00
EURGBP 2.0 Pips Monday 00:00 Friday 24:00
EURJPY 1.8 Pips Monday 00:00 Friday 24:00
EURNZD 4.0 Pips Monday 00:00 Friday 24:00
EURUSD 1.4 Pips Monday 00:00 Friday 24:00
GBPAUD 3.6 Pips Monday 00:00 Friday 24:00
GBPCHF 5.5 Pips Monday 00:00 Friday 24:00
GBPJPY 3.0 Pips Monday 00:00 Friday 24:00
GBPNZD 6.0 Pips Monday 00:00 Friday 24:00
GBPUSD 2.0 Pips Monday 00:00 Friday 24:00
NZDJPY 3.0 Pips Monday 00:00 Friday 24:00
NZDUSD 2.4 Pips Monday 00:00 Friday 24:00
USDCAD 2.5 Pips Monday 00:00 Friday 24:00
USDCHF 2.0 Pips Monday 00:00 Friday 24:00
USDJPY 1.5 Pips Monday 00:00 Friday 24:00
USDSGD 3.0 Pips Monday 00:00 Friday 24:00
USDZAR 56.0 Pips Monday 00:00 Friday 24:00

 
 

The Star Advantage

  • Tight Spreads from 1 Pip on Majors
  • Trade from 1% Margin or less and Maximise your Leverage
  • Absolutely NO COMMISSION or Hidden Fees
  • Access to Real Time Charts and Economic News
  • No Dealer Intervention (NDD)
  • Australian Based ASIC Regulated Brokerage Firm with Local
  • Automated Trading with EXPERT ADVISORS to Enable You to Execute Winning trading Strategies
  • Locally Held Deposits with HSBC in Client Segregated Accounts
  • Instantaneous Auto Trade Executions
  • Flexible Trading Sizes
  • Earn Interest on Cash Balances
  • 24 Hour Support
Risk Warning: Trading Forex and Derivatives carries a high level of risk to your capital and you should only trade with money you can afford to lose. Trading Derivatives may not be suitable for all investors, so please ensure that you fully understand the risks involved, and seek independent advice if necessary. A Financial Services Guide (FSG) and Product Disclosure Statements (PDS) for these products is available from Star Financial Markets Pty Ltd to download at this website or hard copies can be sent by contacting the offices at the number above. The FSG and PDS should be considered before deciding to enter into any Derivative transactions with Star Financial Markets Pty Ltd. The information on this site is not directed at residents in any country or jurisdiction where such distribution or use would be contrary to local law or regulation. © 2011 Star Financial Markets Pty Ltd (Star FM) ACN 127 606 348. All rights reserved. Star Financial Markets Pty Ltd is a Corporate Authorised Representative of AxiCorp Financial Services Pty Ltd AFSL 318232 ACN 127 606 348.