A Variable Spread Account is one where the difference between the bid and the ask price adapts to live market conditions. Also known as floating spreads, this means they can tighten or widen based on various factors including current liquidity and market volatility. OneRoyal Variable Spread Accounts have the potential to offer the lowest possible costs, with spreads reaching 0 pips on our ECN and Prime Accounts during optimal conditions.

The main difference is how the spread behaves. Variable spreads react to live markets, widening or tightening depending on liquidity, volatility, and other drivers. Fixed spreads, on the other hand, remain stable throughout varying market conditions. While variable spreads can be more cost-effective during favourable markets, fixed spreads offer a more consistent trading experience, providing predictability when it comes to calculating costs.

We offer four Variable Spread Accounts including ECN, Classic, Prime, and Cent. The right account for you depends on your trading experience, preferred cost structure, available capital, and risk profile. Our ECN and Prime Accounts offer spreads as low as 0 pips with added commissions. While Classic and Cent are commission-free with slightly higher spreads. Minimum deposits, available base currencies, and tradeable instruments also vary, so compare the conditions before choosing which is right for you.

The main difference is how trading costs are structured and how prices are delivered. Our ECN Account offers raw spreads starting from 0 pips, with a $3.50 commission per side, per lot. Our Classic account provides a more straightforward cost structure, with no commission and spreads as low as 1.4 pips. Both accounts support market execution, Expert Advisors (EAs), hedging, and provide access to a wide range of markets.

Variable or floating spreads can be influenced by factors like liquidity, volatility, and overall market activity. Periods of uncertainty, like during economic announcements, and low trading volumes can lead to spreads widening significantly, increasing costs for traders. While high liquidity and stable conditions can result in much tighter spreads, making trading more cost-effective.