EURUSD · Major forex pair

Trade EUR/USD

Trade EUR/USD (EURUSD) on Mega1 or MetaTrader 5 with Pro raw pricing or Standard all-in spreads.

Maximum leverage
Up to 1000:1*
Minimum trade
0.01 lot
Contract size
100,000 EUR

*Exposure-based margin bands apply incrementally per symbol. Availability depends on account, platform and jurisdiction.

EUR/USD

Indicative EURUSD chart · Euro / US Dollar

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EUR/USD overview

What is EURUSD? The euro–US dollar benchmark.

EUR/USD shows how many US dollars are required to buy one euro. When the price rises, the euro is strengthening against the dollar; when it falls, the dollar is strengthening against the euro.

Symbol
EURUSD
Pip size
0.0001
Price precision
5 digits
Profit currency
USD
Minimum volume
0.01 lot
Volume step
0.01 lot

Central banks

The gap between ECB and Fed policy

EUR/USD is shaped above all by the difference between European Central Bank and Federal Reserve interest rates. When markets expect the Fed to cut faster than the ECB, the euro tends to gain; when the Fed is expected to stay tighter for longer, the dollar usually strengthens.

Data

US jobs and inflation releases

US non-farm payrolls, CPI inflation and the Fed's rate decisions move the pair most, alongside eurozone flash inflation and business surveys. A big surprise can move EUR/USD sharply within minutes.

Energy

The eurozone's energy bill

The euro area imports most of its energy, so sharp rises in gas and oil prices weigh on its trade balance and growth outlook, and often on the euro. Falling energy costs tend to ease that pressure.

Risk sentiment

Demand for dollars in stress

When markets are under stress, investors and banks often seek US dollars, which can push EUR/USD lower even without news from Europe. Calmer markets usually reverse that flow.

When EUR/USD is most active

EUR/USD trades around the clock from Monday to Friday, but liquidity is deepest while London and New York are both open, from about 8:00 to 12:00 New York time. Spreads are usually tightest then, and the biggest moves tend to follow US data released at 8:30 New York time. Around the daily rollover at 17:00 New York time, liquidity thins and spreads can widen.

EUR/USD at a glance

  • The most traded currency pair in the world, quoted in US dollars per euro.
  • The euro makes up more than half of the US dollar index (DXY), so the two usually move in opposite directions.
  • It often moves with GBP/USD and against USD/CHF, although these relationships change over time.

Price history

EUR/USD key statistics

From daily mid-price candles, updated November 10, 2026.

Past performance is not a reliable indicator of future results.

Performance

1 day
-0.52%
1 week
-0.39%
1 month
-0.35%
3 months
-3.31%
Year to date
-4.95%
1 year
-3.40%
52-week high
1.20821
52-week low
1.11046
Average daily rangeLast 20 trading days
55.6 pips

Why XBTFX

Why trade EUR/USD with XBTFX

  • Leverage that fits the trade

    Up to 1000:1 on EUR/USD, stepping down in published bands as your position grows.

  • Two account types

    Pro and Standard accounts, with every cost for EUR/USD shown on this page before you trade.

  • Mega1 and MetaTrader 5

    Trade in the browser, on desktop or on your phone with Mega1, or use MetaTrader 5.

  • Crypto or fiat funding

    Fund in crypto or fiat, and run your account in US dollars or a crypto base currency such as BTC or USDT.

Two pricing choices

Compare EURUSD spreads and trading costs.

Compare account types

Raw pricing

Pro

Variable spreads from 0.0 pips

FX commission
$2.75 per $100k traded
Platforms
Mega1 & MetaTrader 5

All-in spread

Standard

Spreads from 1 pip

FX commission
No separate commission
Platforms
Mega1 & MetaTrader 5

Spreads are variable and can widen. The stated minimum is not a universal or guaranteed spread. Swaps may apply to positions held across rollover. Account and platform availability varies.

Exposure-based margin

How EURUSD leverage and margin bands work.

EUR/USD margin is applied incrementally by the total notional exposure in EURUSD. Crossing a threshold does not reprice the margin already assigned to lower bands; only the additional exposure uses the next rate.

How exposure-based margin works
EURUSD margin schedulePublished schedule
Additional notionalLeverageMargin
$0–$500K1000:10.10%
$500K–$2M500:10.20%
$2M–$5M200:10.50%
$5M–$15M100:11.00%
$15M–$50M50:12.00%
$50M–∞20:15.00%

USD notional bands. The live platform specification remains authoritative.

Contract details

EURUSD contract specifications.

Review volume, carrying-cost and session information before placing a trade. Values below are refreshed from the published XBTFX specification service.

Contract size
100,000 EUR
Minimum / maximum volume
0.01 lot / 100 lots
Volume step
0.01 lot
Quote / profit currency
USD
Swap long
−10.9 points
Swap short
0.77 points
Three-day swap
Friday
Published session
00:00–24:00 platform time
Open full EURUSD specifications

Sessions and swap values may change for holidays, liquidity conditions and scheduled maintenance.

Plan a scenario

Calculate EURUSD profit and pip value before you trade.

For a one-lot EUR/USD position, one pip represents approximately $10 when the result currency is USD. Position size, direction, spread, commission, swaps and currency conversion can change the final result.

Example pip value 1 lot × 1 pip ≈ $10 Before trading costs Open EUR/USD calculator

Where to trade

Trade EURUSD your way.

Use Mega1 in the browser, on desktop or mobile, or trade through MetaTrader 5.

Start trading

Understand the pair before opening a position.

Why does EUR/USD move on Federal Reserve decisions?
Because the Fed sets US interest rates. Higher expected US rates make dollar deposits and bonds more attractive than euro ones, which tends to lift the dollar against the euro; lower expected rates tend to do the opposite. ECB decisions work the same way for the euro.
How much do I need to trade EUR/USD?
The minimum trade is 0.01 lots, or 1,000 euros. At the first-tier leverage of 1000:1, the margin for it is 1 euro, about $1.12 at a price of about 1.12. Leverage steps down as your exposure grows, and you need more than the margin in your account to absorb moves against you.
What is the best time to trade EUR/USD?
Liquidity is usually deepest and spreads tightest while London and New York overlap, from about 8:00 to 12:00 New York time. The pair can also move sharply after major US data such as payrolls and inflation, released at 8:30 New York time.
How does EUR/USD relate to the US dollar index?
The euro makes up more than half of the US dollar index (DXY), so EUR/USD and the index usually move in opposite directions: a rising DXY generally means a falling EUR/USD.
What is EURUSD (EUR/USD)?
EUR/USD is the exchange rate between the euro and the US dollar. It shows how many US dollars are required to buy one euro. A rising price means the euro is strengthening relative to the dollar; a falling price means the dollar is strengthening relative to the euro.
What is one pip in EUR/USD?
For EUR/USD, one pip is normally 0.0001. On a five-decimal quote, the final decimal is one tenth of a pip. A one-pip move on one standard 100,000-unit lot is approximately USD 10 before spreads, commission, swaps and any currency conversion.
How is EUR/USD leverage applied at XBTFX?
EUR/USD uses published exposure-based margin bands. The schedule is tied to total notional exposure in EURUSD, not the account balance. When exposure crosses a threshold, only the additional portion uses the next margin rate; lower-band exposure keeps its original rate.
Can I trade EUR/USD with Pro or Standard pricing?
Yes. Pro uses raw variable spreads with a separate commission of $2.75 per $100,000 traded on FX. Standard has no separate FX commission and includes the pricing cost in a wider spread. Availability can vary by platform, account and jurisdiction.
Where can I trade EUR/USD with XBTFX?
EUR/USD is available on supported Mega1 and MetaTrader 5 accounts. Check the instrument specification inside the selected platform before trading because sessions, margin and other conditions can change.

Risk warning

CFDs are complex instruments and involve a significant risk of loss due to leverage. Prices are indicative and may differ from executable account prices. Consider whether you understand how CFDs work and whether you can afford the risk. Risk Disclosure Notice

Ready to trade the euro and US dollar?

Open an XBTFX account, choose Pro or Standard pricing, and access EUR/USD on a supported platform.

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Risk Warning: Trading CFD products carries a high level of risk and may not be suitable for all investors.