Spread Cost Calculator EUR/JPY
Using estimated rate
Calculate spread cost for EUR/JPY
Inputs
Get pip value
For {pair}, approximately {value} per standard lot EUR/JPY = $6.16
= $6.16
Multiply spread by pip value
2 pips × $6.16
= $12.33
When calculating EUR/JPY spread costs: EUR/JPY uses 2-decimal pricing (0.01 per pip) since JPY is valued in hundreds per unit. This cross pair has typical spreads of 1.2-2.2 pips with good liquidity.
Frequently Asked Questions
What is the typical spread for EUR/JPY?
EUR/JPY 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/JPY trades?
Spread is an immediate cost on EUR/JPY trades. For 2-decimal pricing, a 1 pip spread on 1 lot costs approximately $10 for USD-quoted pairs.
When is the best time to trade EUR/JPY for lower spreads?
Spreads on EUR/JPY are typically lowest during high liquidity periods when both EUR and JPY market sessions overlap. Avoid trading during low liquidity or news events.