Broker execution scoreboard
Broker execution scoreboard
Measured spreads
Broker websites quote spreads "from 0.0 pips"; what matters is the spread on your ticket at the moment your order fills. Across 1,986 measured fills on 7 connected accounts, Ultima Markets averaged 0.8 points, with EURUSD the most-traded symbol. Spread uses the closest broker tick at or before each fill — never a later tick. It includes news widening and rollover, which advertised figures don't.
On EURUSD, Ultima Markets's measured spread at the closest pre-fill tick ties for 2 of 6 measured brokers.
Average spread from the closest pre-fill tick; the money column uses the broker's own tick value, per 1.00 lot.
| Symbol | Avg spread | ≈ per 1 lot | Fills |
|---|---|---|---|
| EURUSD | 0.8 pts | ≈$0.76 | 1,986 |
| XAUUSD | 10.7 pts | ≈€9.24 | 1,248 |
Median spread at fill time on the most-traded symbols. Points are symbol-specific — don't compare across charts.
median spread at fill time
Across 1,986 measured EURUSD fills, Ultima Markets's average spread at the closest pre-fill tick was 0.8 points. The per-symbol table shows other instruments separately.
Advertised spreads are usually a feed minimum. These numbers use the closest tick at or before real fills — including news spikes, rollover widening and off-peak hours — without leaking a post-fill quote into the measurement.
Points — on a 5-digit forex symbol, 10 points = 1 pip. Where the broker's own tick value is known, the per-symbol table also shows the approximate cost per 1.00 lot in money, which is easier to compare across symbols.
Read more: What Is a Good EURUSD Spread? Points, Pips and What Fills Actually Cost · Broker Execution Quality: Measure Slippage, Lifecycle Timing and Spread — or connect an account read-only and put your own fills in these numbers.
median spread at fill time
One symbol across UTC sessions; spreads widen off-peak.
| Session | Avg spread | Fills |
|---|---|---|
| Asia (00–07 UTC) | 1.6 pts | 64 |
| London (07–13 UTC) | 3.3 pts | 75 |
| New York (13–21 UTC) | 1.8 pts | 219 |
| Late (21–24 UTC) | N/A — insufficient evidence | 13 |