Spread Cost Calculator WTI/USD
Calculate spread cost for WTI/USD
Inputs
Get pip value
For {pair}, approximately {value} per standard lot WTI/USD = $1.00
= $1.00
Multiply spread by pip value
0.03 pips × $1.00
= $0.03
When calculating WTI/USD spread costs: WTI/USD uses 2-decimal pricing (0.01 per pip) since USD is valued in hundreds per unit. Contract size: 100 units. Typical spreads: 4.0-6.0 pips.
Frequently Asked Questions
What is the typical spread for WTI/USD?
WTI/USD is a commodity 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 WTI/USD trades?
Spread is an immediate cost on WTI/USD 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 WTI/USD for lower spreads?
Spreads on WTI/USD are typically lowest during high liquidity periods when both WTI and USD market sessions overlap. Avoid trading during low liquidity or news events.