22bitbank

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Check Our Spreads

Start trading with 22BitBank today with spreads from 0.0 pips* and lightning fast execution.
Open an account and gain exposure to more than 200 financial instruments on our award-winning platforms.

Forex Trading

Our Forex spreads are variable depending on underlying market prices. We aim to offer minimum spreads in most conditions, but when market prices go wider, our spreads will increase too.

Indices Trading

When trading global indices with 22BitBank, you are trading Cash CFDs, meaning you can trade in small contract sizes, perfect for those who are just starting out.
Symbol Standard account Lowest spread Raw account Lowest spread* Raw Account Average Spread
AUS200
0 AUD
0 AUD
0.65 AUD
HK50
5 HKD
5 HKD
7.9 HKD
JPN225
0.45 JPY
0.45 JPY
7.1 JPY
GER30
1 EUR
1 EUR
2.2 EUR
FRA40
0 EUR
0 EUR
0.9 EUR
EUSTX50
1.0 EUR
1.0 EUR
0.2 EUR
NDX100
0.3 USD
0.3 USD
0.85 USD
SPX500
0.4 USD
0.4 USD
0.45 USD
UK100
1.2 GBP
1.2 GBP
1.2 GBP
US30
0.25 USD
0.25 USD
1.9 USD
USDOLLAR
0.2 USD
0.2 USD
1.1 USD

Commodities Trading

Just like indices, when you’re trading precious metals such as Gold or Silver with us, you’re trading it as a CFD and both are traded against the US Dollar.
Symbol Standard account Lowest spread Raw account Lowest spread* Raw Account Average Spread
Brent Crude Oil (UKOUSD)
0.03 USD
0.03 USD
0.05 USD
West Texas Intermediate Crude Oil (USOUSD)
0.03 USD
0.03 USD
0.05 USD
Silver (XAGUSD)
0.01 USD
0.01 USD
0.05 USD
Gold (XAUUSD)
0.1 USD
0.1 USD
0.12 USD

Cryptocurrencies CFD Trading

Trade cryptocurrency CFDs such as Bitcoin, Ethereum, Ripple and Litecoin all against the US Dollar. Take long and short positions to take advantage of volatile conditions
Symbol Standard account Lowest spread Raw account Lowest spread* Raw Account Average Spread
Bitcoin (BTCUSD)
23 USD
23 USD
31.2 USD
Bitcoin Cash (BCHUSD)
$ 0
$ 0
1.1 USD
Ethereum (ETHUSD)
2.9 USD
2.9 USD
3.5 USD
Litecoin (LTCUSD)
2 USD
2 USD
4.3 USD

Shares Trading

Access 250 US and Australian shares on the MT5 platform and take advantage of our low spreads with the Raw Account. Below are some of the largest US and Australian companies you can start trading on, including Netflix, Facebook, Commonwealth Bank and Woolworths.

Important notice

Commission charged at $3.5 per standard lot traded.

The rates above are indicative only and spreads are subject to change without prior notice depending on the market conditions (e.g. spreads may widen during illiquid or volatile market conditions). Spreads may also widen due to important news announcements, political uncertainty, unexpected events leading to volatile market conditions or at the close of the business day and on weekends when liquidity is lower.

A volume of 1 lot is equal to 100,000 of the first-named currency.

In Forex trading, if you leave one or more positions opened at 24:00 (GMT+2) for the next trading day, there will be a daily Swap adjustment to your position. From Wednesday to Thursday, Swap is charged for 3 days instead of 1. This is to cover the settlement of trades over the weekend.

For more info on swaps refer to our legal documents, online trading platform and our articles onlin

What are Spreads?

In trading, the spread illustrates the gap between the buy (bid) and the sell (ask) price of a financial asset. Spread is one of the key costs involved in Forex and CFD trading – the tighter the spread is, the better value you’re getting as a trader. A spread is how brokers make money from each trade. It’s essentially a commission that replaces brokerage fees and charges.

22BitBank Trading Spreads

22BitBank offers a Transparent Pricing Model, made up of low, highly competitive and tight rates. The spreads on our Meta Trader platform is variable, with quotes coming from numerous leading banks and institutions and other top-tier liquidity sources globally.
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FAQ

A spread is how brokers make money from each trade. It’s essentially a commission that replaces brokerage fees and charges. In forex trading, a spread is the difference between the buy price (ask) and the sell price (bid) of a security or forex pair. The difference is usually represented in pips. When trading a position, a spread is the gap or the difference between the short position and the long position.

Our price feed comes from a number of leading liquidity providers and banks, allowing us to offer market-leading spreads as low as 0 pip on our Raw accounts, and 1.0 pip on Standard accounts.

If you wish to view real, live market rates across our entire product range, you may do this by going to our MetaTrader 4 or MetaTrader 5 trading platform.

On our trading platform:
1. go to the Market Watch window area;
2. right-click inside the window area and click ‘Spreads‘; and
3. a new column should appear displaying the real-time spreads for each Forex currency pair, commodity or index market.

Alternatively, compare our real-time rates on the go from your favourite smart devices via the QubixTrader or QubixTrader mobile apps.

Essentially, the tighter the spread, the lower the cost of trading. The wider the spread, the higher it costs.

For example, let’s say EURUSD is quoted with a buy price of 1.0984 and a sell price of 1.0983. The spread can be calculated by subtracting 1.0983 from 1.0984 – giving a total spread of 0.0001 or 1 pip.

At Eightcap, prices are quoted up to 5 decimal points.