Bitcoin & majors
The deepest markets on the desk, quoted at the tightest spread we offer.
BTC/USD and ETH/USD are the two markets where the underlying book is deep enough that the price barely moves when you cross it. That is the whole reason they are cheaper to trade here: the spread is derived from the venue's own book rather than set as a house number, so a market that is genuinely tight is quoted tight.
Why 20 basis points and not a rounder number
Twenty basis points is 0.20% of the position, charged once across the whole trade. You pay it going in. It is already inside the price when you come out. And it is a floor, not a fixed fee. When the venue's book is wider, the quote widens with it, and the ticket shows the figure that applies before you commit.
We earn on that spread alone. No commission per lot. No financing overnight. Carry a position for a month and it costs what an hour costs.