ZFX Spreads & Trading Costs
ZFX quotes spreads and commissions in USD, so South African traders should factor in ZAR/USD conversion when budgeting trading costs.
Open ZFX Account →ZFX spreads start from 1.3 pips on Standard STP (no commission) or from 0.0 pips on the ECN account plus a $7-per-lot commission.
ZFX costs at a glance
- Mini and Standard STP accounts: spreads from 1.3–1.5 pips, $0 commission
- ECN account: spreads from 0.0 pips, $7 per lot round-turn commission
- No commission on Mini/Standard STP — cost is priced into the spread
Indicative ECN spreads by instrument
| Instrument | Typical ECN spread from |
|---|---|
| EUR/USD (Mini/Standard STP) | from 1.3 pips |
| EUR/USD (ECN) | from 0.0 pips + $7/lot |
Because the rand can move sharply against the dollar, it's worth checking the live ZAR/USD rate before comparing ZFX's dollar-denominated costs against a rand trading budget.
Frequently asked questions
Does ZFX charge commission?
No commission on Mini/Standard STP accounts; the ECN account charges $7 per lot round-turn.
What is the lowest spread at ZFX?
The ECN account offers spreads from 0.0 pips.