How to Open a Floating Spread Account with MT4

Spread Flotantes

Floating Spreads for SA Traders

Now, it is possible to trade the FX market with really low spreads. At AvaTrade South Africa, spreads as low as 0.9 pips are possible on Forex trading courtesy of the MetaTrader 4 Floating Spread account. These Variable Spreads offer the lowest interbank prices on the market at the precise moment that your order is placed.

SA traders get to enjoy the following benefits:

  • Traders can enjoy 400:1 leverage
  • 24/5 customer support for SA clients
  • Trade on the award-winning MT4 platform
  • 60+ forex pairs with spreads as low as 0.9 pips
  • AvaTrade.co.za is a fully regulated trading brokerage
  • Download the free Android and iOS apps for mobile and smartphone trading

Get your very own Floating Spread account on MT4 today. Find out why South African traders are flocking to AvaTrade.

What Are the Advantages of Floating Spreads?

When spreads are just 0.9 pips per forex trade, you are the one who is benefiting. Floating Spread accounts update the difference between the bid price and the asking price. These real-time price adjustments guarantee that AvaTrade’s liquidity partners give you the best quotes every time. These partners include the world’s biggest banks.

Here at AvaTrade.co.za, our variable spreads (floating spreads) rank among the most competitive in the industry. Take a look at the table below which indicates types of spreads that you can expect on popular major, minor and exotic currency pairs:

CURRENCY PAIR MINIMUM SPREAD TYPICAL SPREAD
EUR/USD 1.0 1.8
USD/JPY 0.9 1.5
GBP/USD 1.8 2.9
USD/CHF 1.7 2.7
AUD/USD 1.8 2.7
EUR/GBP 1.7 2.7
USD/CAD 1.8 2.8
EUR/CHF 1.7 3.0
EUR/JPY 1.9 3.1

Do you have an AvaTrade.co.za account? Do you require additional information?

Why professionals use variable spreads – your quick guide

When you trade forex, you always want to ensure that you have the lowest available spread at the moment that you place your trade. Professional traders always use Floating Spreads. With Floating Spreads, you also get to understand the nature of the market and how much liquidity is available at any specific point. This gives you a fresh perspective on how to analyse market conditions and it allows you to make much better trading decisions. This is how winning is done!

The 3 top benefits of using floating spreads at AvaTrade.co.za include the following:

  • Reliable Trade Execution
  • World-class MT4 platform
  • Dynamic Low FX Spreads

Thanks to the sheer number of available currency pairs and CFDs at AvaTrade South Africa, you will derive tremendous benefit from the powerful MetaTrader 4 platform. There are 200+ FX pairs and contracts for difference available to you at ultra-low spreads.

The MetaTrader 4 Platform (MT4)

MT4 – MetaTrader 4 - is the gold standard in software platforms. Here at AvaTrade, you can enjoy floating spread trading with MT4.

These are some of the many benefits you get –

  • The most competitive up-to-date Bid/Ask quotes on Forex
  • Enjoy automated trading with EA and MQL5 compatibility
  • Use powerful tools to analyse and interpret fully customisable charts
  • Trade forex pairs like the USD/ZAR, stock indices, commodities, bonds and equities from a single screen
  • Check open/pending trades, set stops and limits and place orders at your convenience

For more info on how fixed spread trading works on MT4 at Avatrade.co.za, click here.

Why AvaTrade is Best for You

We are first and foremost all about you, our valued client. AvaTrade SA is a leader in online trading. We offer 200+ financial instruments for you to trade instantly. These are available whenever the financial markets are open for business. We were established in 2006 and already boast 200,000+ registered traders. AvaTrade.com has won critical acclaim from the highest industry authorities. Our awards include Best Forex Customer Service and Most Trusted Forex Broker.p>

For any questions about Floating Spread Accounts, or Online Trading, we invite you to contact our customer service team.