Capital Market Services International

Spreads

CMS International strives to provide customers with the most competitive trading terms and best trading environment. We offer variable spreads as low as 1.4 pips on EUR/USD and USD/JPY, two of our most popular pairs.

Below is a list of our currency pairs and their spreads. Please note that at times of higher volatility, the spreads may widen.

Currency Pairs offered:

Currency Pair	Spread (as low as)
AUD/CAD	4.5
AUD/CHF	5
AUD/JPY	3.2
AUD/NZD	7.3
AUD/USD	2.9
CAD/JPY	3.3
CHF/JPY	2.5
EUR/AUD	4.5
EUR/CAD	4.5
EUR/CHF	2.5
EUR/DKK	3
EUR/GBP	2.2
EUR/JPY	2.4
EUR/NOK	60
EUR/NZD	15
EUR/PLN	180
EUR/SEK	60
EUR/TRY	25
EUR/USD	1.4
GBP/AUD	6.5
GBP/CAD	12
GBP/CHF	4.9
GBP/JPY	4.3
GBP/NZD	15
GBP/USD	2.5
NZD/JPY	4.9
NZD/USD	3.3
USD/CAD	2.9
USD/CHF	2.9
USD/DKK	10
USD/HKD	5
USD/JPY	1.4
USD/MXN	60
USD/NOK	50
USD/PLN	20
USD/SEK	50
USD/SGD	4.3
USD/TRY	15
USD/ZAR	75
ZAR/JPY	2.5

*Under extreme market conditions, CMS International reserves the right to modify its spreads.

Instant Pip Rebate

Clients receive 1 pip rebate directly to their trading accounts when opening 5 standard 100K lots simultaneously and closing the same 5 lots simultaneously, regardless of type of account or currency pair. This applies to individual orders of 5 lots. This rebate instantly appears on the account at the moment of closing a position. You can view its details in the account report, in the "Commission/Rebate" column. Above 5 lots, rebates are applied according to the following schedule:

Lots Opened	Pips Rebated
5	1.0
6	1.2
7	1.4
8	1.6
10	2.0

For example, if you trade 10 Lots of EUR/USD you will receive a 2 Pip rebate which is equivalent to $20.00 ($10.00(2 Pips)) for the entire 10 Lot round turn transaction.

Rebate is deposited in the same base currency which a client deposited for trading at the CMS International bank account.

Notice: Not applicable to trading with mini lots.