Spread Cost Calculator EUR/GBP
Using estimated rate
Calculate spread cost for EUR/GBP
Inputs
Get pip value
For {pair}, approximately {value} per standard lot EUR/GBP = $11.66
= $11.66
Multiply spread by pip value
2 pips × $11.66
= $23.31
When calculating EUR/GBP spread costs: EUR/GBP uses standard 4-decimal pricing where one pip equals 0.0001. This cross pair has typical spreads of 1.2-2.0 pips with good liquidity.
Frequently Asked Questions
What is the typical spread for EUR/GBP?
EUR/GBP is a minor pair with spreads typically ranging from the broker average. Major pairs have tighter spreads, while exotics and commodities have wider spreads.
How does spread cost affect my EUR/GBP trades?
Spread is an immediate cost on EUR/GBP trades. For 4-decimal pricing, a 1 pip spread on 1 lot costs approximately $10 for USD-quoted pairs.
When is the best time to trade EUR/GBP for lower spreads?
Spreads on EUR/GBP are typically lowest during high liquidity periods when both EUR and GBP market sessions overlap. Avoid trading during low liquidity or news events.