FxPro Cuts Crypto and Index CFD Spreads to Zero

FxPro Introduces Zero-Spread Pricing Adjustment

On 1 July 2026, online broker FxPro released an announcement stating that the company has adjusted certain trading conditions, cutting spreads on major cryptocurrency and major indexCFDproducts to zero. The adjustment applies to Raw+ accounts and covers products such as Bitcoin, Ethereum, the Dow Jones Index and the Nasdaq 100 Index. On 6 July 2026, industry media outlet FinanceFeeds further reported that the pricing adjustment is intended to attract active traders who trade frequently and are more sensitive to execution costs.

(Source: FxPro, FxPro Eliminates Spread on Cryptos & Indices, published: 2026-07-01, topics: zero-spread products, Raw+ accounts, platform availability; FinanceFeeds, FxPro Cuts Crypto And Index CFD Spreads To Zero In Bid For High-Volume Traders, published: 2026-07-06, topics: high-volume clients and pricing competition.)

According to FxPro's announcement, the zero spread does not apply only to the smallest trade sizes. The company said the pricing is supported by deeper liquidity, so traders can also obtain the relevant quote conditions when executing larger orders. At the same time, FxPro stated that spreads on standard accounts have also been reduced substantially, by close to 80%, in order to extend the coverage of the new pricing to clients across different account tiers.

Raw+ Accounts Become the Focus of This Adjustment

This pricing adjustment is concentrated on Raw+ accounts. The official announcement indicates that clients can access the new zero-spread conditions onMT4,MT5and the FxPro App, though actual availability still depends on the client's jurisdiction. For the broker, this arrangement shifts the way trading costs are presented from the traditional spread mark-up further towards a low-spread, low-commission model closer to an institutional trading environment.

• Bitcoin CFDs are subject to zero-spread conditions on Raw+ accounts.

• Ethereum CFDs are subject to zero-spread conditions on Raw+ accounts.

• Major index CFDs such as the Dow Jones Index and the Nasdaq 100 Index are included in the zero-spread scope.

• Spreads on standard accounts have been reduced by close to 80%, though actual conditions may differ across products and regions.

• The new conditions can be accessed via MT4, MT5 and the FxPro App, with specific availability determined by the client's jurisdiction.

Zero Spread Does Not Mean Zero-Cost Trading

In financial trading, the spread typically refers to the difference between the bid price and the ask price. For traders, the spread is one of the main trading costs to consider when opening and closing positions. The zero spread introduced by FxPro on this occasion mainly means that the relevant products do not carry an additional spread mark-up on Raw+ accounts, but this does not mean that trading is entirely free.

(Source: FxPro, FxPro Eliminates Spread on Cryptos & Indices, published: 2026-07-01, topics: low-commission structure, zero-spread products, Raw+ accounts.)

The official announcement also noted that the relevant quotes are supported by a transparent low-commission structure. In other words, a zero-spread model typically shifts trading costs from a mark-up embedded in the bid-ask spread towards more explicit commissions or other fees. For high-frequency, short-term and algorithmic traders, a reduction in spreads may cut the cumulative cost across multiple trades; however, for traders with longer holding periods, overnight financing costs, slippage and market volatility may still have a considerable impact on the final outcome.

Traders Need to Consider Total Execution Costs as Well

The headline spread is only part of the trading cost. Particularly in the cryptocurrency and index CFD markets, order execution quality is also affected by liquidity depth, quote stability, latency, slippage and market volatility. For clients trading in larger sizes, if the price deviates at the point of execution, the actual cost may be higher than the spread shown on the quote page.

1. First, confirm whether the zero spread applies to your own account type and region.

2. Then, check whether the product carries a separate commission, financing fee or other trading charges.

3. Next, observe slippage, execution speed and order rejections during periods of market volatility.

4. Finally, compare the difference between the notional spread and the actual execution price.

Retail Broker Competition Shifts Towards Execution Costs

In its report of 6 July 2026, FinanceFeeds noted that competition among retail brokers is shifting from pure marketing and product expansion towards pricing transparency, low commissions, deep liquidity and execution quality. In the past, the retail trading market relied more heavily on leverage, bonuses and the number of products to attract clients; following changes in the regulatory environment, the importance of execution quality and investor protection has risen. In recent years, as multi-asset platforms and institutional-style pricing models have become more widespread, trading costs have become one of the key factors in brokers' competition for active clients.

(Source: FinanceFeeds, FxPro Cuts Crypto And Index CFD Spreads To Zero In Bid For High-Volume Traders, published: 2026-07-06, topics: retail broker pricing competition, active traders, execution quality.)

FxPro's choice of cryptocurrency and major index products as the target of this adjustment also relates to the trading characteristics of these two asset classes. Bitcoin and Ethereum have long been among the higher-volume cryptocurrency CFD instruments; the Dow Jones Index and the Nasdaq 100 Index, meanwhile, are major index underlyings commonly used in macro trading, short-term trading and algorithmic trading. For high-frequency and intraday traders, even a small reduction in spreads may create a noticeable cost difference across a large number of trades.

Active Traders May Be More Affected

In terms of client type, this pricing adjustment has a more direct impact on clients who trade frequently. Short-term trading, algorithmic trading and intraday trading typically involve entering and exiting the market multiple times within a short period, so changes in spreads and commissions are repeatedly factored into total costs. By contrast, swing traders and long-term position holders, who trade less frequently, may be less sensitive to a reduction in the per-trade spread.

• Short-term traders may focus more on whether the entry and exit spread has narrowed.

• Algorithmic traders may focus more on quote stability and execution speed.

• Intraday traders may focus more on the total cost accumulated across multiple trades.

• Swing traders may focus on spreads, overnight financing and market direction simultaneously.

• Long-term position holders may be more affected by financing costs and market volatility.

The Risks of Leveraged Products Still Need Separate Consideration

FxPro explains on its cryptocurrency CFD page that CFDs are derivatives; traders do not actually hold the underlying asset, but instead gain exposure to changes in the underlying price through a contract. The page also explains that the CFD market typically operates on an over-the-counter structure, in which the broker may act as counterparty, so traders need to identify risks related to price volatility, liquidity, the counterparty and leverage.

(Source: FxPro, Cryptocurrencies CFDs Trading, accessed: 2026-07-07, topics: CFD definition, over-the-counter structure, counterparty risk, spreads and account types.)

As a result, a reduction in spreads can only reduce part of the trading friction, and does not reduce the volatility of the underlying asset itself. Cryptocurrency prices may change rapidly over a short period, and major stock indices may also be affected by macroeconomic data, corporate earnings, interest rate expectations and shifts in market liquidity. Even with a notional spread of zero, traders still have to contend with factors such as commissions, financing costs, slippage, leverage amplifying losses and market gapping.

Low-Cost Pricing Does Not Change the Product's Nature

For brokers, zero spread is one form of price competition; for traders, zero spread is only one part of the fee structure. Judging whether trading conditions have improved requires looking at account rules, product quotes, order execution, the commission structure and risk disclosures together, rather than relying on the single metric of "zero spread".

• Zero spread does not mean zero commission.

• Low spread does not mean low risk.

• High liquidity does not mean no slippage under any market conditions.

• Leveraged products may amplify profits, but may also amplify losses.

• Account conditions and product availability may differ across jurisdictions.

Frequently Asked Questions About FxPro's Zero-Spread Pricing