Forex

Foreign exchange is the largest financial market in the world where transactions worth trillions of dollars take place every day traded by a global network of banks, dealers and brokers. Due to the fact that forex currency trading has no centralised marketplace, currencies can be traded in whatever market is open at any given time, creating a great opportunity for traders to buy and sell currencies around the clock 24 hours a day, 5 days a week with the exception of weekends.
CFDs allow you to open a contract for the difference in the price of an asset, from the point of opening to when you close.

If you are new to currency trading, a great way to get started is to open a free Demo Account. This practice account offers access to all the advanced features to assist new traders in understanding how the forex market works and to provide them with the chance to perfect their trading strategy.

CFD on Forex Contract Specifications & Leverage Levels details:

Currency Pair Minimum Spread 1 Typical Average Spread 1
AUD/CAD
Australian Dollar VS Canadian Dollar
5.7 6
AUD/CHF
Australian Dollar VS Swiss Franc
6 6.1
AUD/JPY
Australian Dollar VS Japanese Yen
4 4.1
AUD/DKK
Australian Dollar VS Danish Krone
30 35
AUD/HUF
Australian Dollar vs Hungarian Forint
200 200
AUD/NZD
Australian Dollar VS New Zealand Dollar
7.5 9.5
AUD/PLN
Australian Dollar VS Polish Zloty
30 35
AUD/SGD
Australian Dollar VS Singapore Dollar
8.8 9.8
AUD/USD
Australian Dollar VS US Dollar
1 1.2
CAD/CHF
Canadian Dollar vs Swiss Franc
6 6.8
CAD/JPY
Canadian Dollar vs Japanese Yen
3.9 3.9
CAD/NOK
Canadian Dollar vs Norwegian Krone
65 72
CAD/SEK
Canadian Dollar vs Swedish Krona
65 73
CHF/JPY
Swiss Franc vs Japanese Yen
3 3
CHF/HUF
Swiss Franc vs Hungarian Forint
20 22
CHF/NOK
Swiss Franc vs Norwegian Krone
33 34
CHF/PLN
Swiss Franc vs Polish zloty
15 29
CHF/SGD
Swiss Franc vs Singapure Dollar
8 10
EUR/AUD
Euro vs Australian Dollar
5 5.2
EUR/CAD
Euro vs Canadian Dollar
5.2 5.2
EUR/CHF
Euro vs Swiss Franc
1 2.2
EUR/CNH
Euro vs Chinese Renminbi
22 34
EUR/CZK
Euro vs Czech Koruna
400 400
EUR/DKK
Euro vs Danish Krone
5 5
EUR/GBP
Euro vs British Pound
0.9 1
EUR/HKD
Euro vs Hong Kong Dollar
20 20
EUR/HUF
Euro vs Hungarian Forint
45 45
EUR/JPY
Euro vs Japanese Yen
1.1 2.3
EUR/MXN
Euro vs Mexican Peso
80 110
EUR/NOK
Euro vs Norwegian Krone
50 50
EUR/NZD
Euro vs New Zealand Dollar
12 12
EUR/PLN
Euro vs Polish Zloty
38 38
EUR/RUB
Euro vs Russian Ruble
100 350
EUR/SEK
Euro vs Swedish Krona
50 50
EUR/SGD
Euro vs Singapore Dollar
10 10
EUR/TRY
Euro vs Turkish Lira
14 14
EUR/USD
Euro vs US Dollar
0.7 1.2
EUR/ZAR
Euro vs South Africa Rand
100 100
GBP/AUD
British Pound vs Australian Dollar
6 7.1
GBP/CAD
British Pound vs Canadian Dollar
6 6
GBP/CHF
British Pound vs Swiss Franc
4 5
GBP/DKK
British Pound vs Danish Krone
40 45
GBP/JPY
British Pound vs Japanese Yen
4 4.5
GBP/HUF
British Pound vs Hungarian Forint
35 42
GBP/NOK
British Pound vs Norwegian Krone
100 100
GBP/NZD
British Pound vs New Zealand Dollar
15 15
GBP/PLN
British Pound vs Polish zloty
25 32
GBP/SEK
British Pound vs Swedish Krona
100 100
GBP/SGD
British Pound vs Singapore Dollar
15 16
GBP/TRY
British Pound vs Turkish Lira
21 21
GBP/USD
British Pound vs US Dollar
0.8 1.3
GBP/ZAR
British Pound vs South African Rand
300 300
HKD/JPY
Hong Kong Dollar vs Japanese Yen
3 5
NZD/CAD
New Zealand Dollar vs Canadian Dollar
7.7 9
NZD/CHF
New Zealand Dollar vs Swiss Franc
6 7
NZD/HUF
New Zealand Dollar vs Hungarian Forint
38 43
NZD/JPY
New Zealand Dollar vs Japanese Yen
4 4
NZD/SGD
New Zealand Dollar vs Singapore Dollar
10 11.5
NZD/USD
New Zealand Dollar vs US Dollar
2.8 2.8
NOK/JPY
Norwegian Krone vs Japanese Yen
7 9
NOK/SEK
Norwegian Krone vs Swedish Krona
7 9
PLN/JPY
Polish Zloty vs Japanese Yen
4 5
SEK/JPY
Swedish Krona vs Japanese Yen
3.2 3.7
SGD/JPY
Singapore Dollar vs Japanese Yen
5 5
TRY/JPY
Turkish Lira vs Japanese Yen
6 8
USD/BRL
US Dollar vs Brazilian Real
40 40
USD/CHF
US Dollar vs Swiss Franc
1.3 1.4
USD/CNH
US Dollar vs Chinese Renminbi
17 20
USD/CZK
US Dollar vs Czech Koruna
30 30
USD/DKK
US Dollar vs Danish Krone
30 30
USD/HKD
US Dollar vs Hong Kong Dollar
8 8
USD/HUF
US Dollar vs Hungarian Forint
50 50
USD/JPY
US Dollar vs Japanese Yen
0.4 0.9
USD/MXN
US Dollar vs Mexican Pesos
50 80
USD/NOK
US Dollar vs Norwegian Krone
50 50
USD/PLN
US Dollar vs Polish Zloty
33 33
USD/CAD
US Dollar vs Canadian Dollar
1.3 1.5
USD/RUB
US Dollar vs Russian Ruble
100 350
USD/SEK
US Dollar vs Swedish Krona
50 50
USD/SGD
US Dollar vs Singapore Dollar
5 5
USD/TRY
US Dollar vs Turkish Lira
13 13
USD/ZAR
US Dollar vs South African Rand
140 140
ZAR/JPY
South African Rand vs Japanese Yen
3 5

[1]

Note:

  • Leverage on Metals will be 1/5 of the account leverage. Max leverage in Forex is 1:200 and account leverage is 1:200.
  • Zero margin requirements for opening a hedged position provided free margin is positive (Margin Level > 100%);
  • No commission applies;
  • The trading hours, for all STP accounts, are 24 hours per day, starting at 00:00 Monday and closing at 24:00 Friday server time. Server time is GMT + 2 (GMT + 3 applies during daylight saving/summer time.
  • Leverage on RUB and CNH crosses will be 1/10 of the account Max Leverage can be 1:20 when account Leverage is 1:200.
  • Leverage on RUB, BRL and CNH crosses will be 1/10 of the account leverage. Max Leverage can be 1:50 when account leverage is 1:500. USDBRL 13:00 - 22:00
  • Leverage on CHF,DKK and CZK crosses will be 1/3 of the account Leverage. Max Leverage can be 1:66.67 when account leverage is 1:200.
  • Trading hours for specific exotic pairs: ​USDRUB, EURRUB: 10:00- 18:00 USDCNH, EURCNH: 03:00 -24:00
Currency Pair Long Rate in Pips2 Short Rate in Pips2
AUD/CAD
Australian Dollar vs Canadian Dollar
0.26 -5.53
AUD/CHF
Australian Dollar vs Swiss Franc
3.4 -9.95
AUD/DKK
Australian Dollar vs Danish Krone
0.56 -4.91
AUD/HUF
Australian Dollar vs Hungarian Forint
0.431 -2.004
AUD/JPY
Australian Dollar vs Japanese Yen
2.1 -8.35
AUD/NZD
Australian Dollar vs New Zealand Dollar
-2.26 -4.98
AUD/PLN
Australian Dollar vs Polish Zloty
-0.98 -0.65
AUD/SGD
Australian Dollar vs Singapore Dollar
-0.94 -1.536
AUD/USD
Australian Dollar vs US Dollar
-3.16 -5.45
CAD/CHF
Canadian Dollar vs Swiss Franc
2.77 -8.88
CAD/JPY
Canadian Dollar vs Japanese Yen
1.48 -6.96
CAD/NOK
Canadian Dollar vs Norwegian Krone
-1.15 -30.64
CAD/SEK
Canadian Dollar vs Swedish Krona
16.65 -64.45
CHF/NOK
Swiss Franc vs Norwegian Krone
-2.19 0.62
CHF/PLN
Swiss Franc vs Polish Zloty
-0.527 -0.176
CHF/SGD
Swiss Franc vs Singapore Dollar
-13.13 2.62
CHF/JPY
Swiss Franc vs Japanese Yen
-4.89 -0.76
CHF/HUF
Swiss Franc vs Hungarian Forint
-1.379 -0.134
EUR/AUD
Euro vs Australian Dollar
-14.61 3.97
EUR/CAD
Euro vs Canadian Dollar
-11.83 2.64
EUR/CHF
Euro vs Swiss Franc
-0.85 -5.66
EUR/CNH
Euro vs Chinese Renminbi
-10.173 3.401
EUR/CZK
Euro vs Czech Koruna
-1.466 0.005
EUR/DKK
Euro vs Danish Krone
-2.107 -1.857
EUR/GBP
Euro vs British Pound
-3.88 -0.79
EUR/HKD
Euro vs Hong Kong Dollar
-3.961 -0.84
EUR/HUF
Euro vs Hungarian Forint
-1.233 -0.559
EUR/JPY
Euro vs Japanese Yen
-1.233 -0.559
EUR/MXN
Euro vs Mexican Peso
-77.773 17.685
EUR/NOK
Euro vs Norwegian Krone
-61.14 7.23
EUR/NZD
Euro vs New Zealand Dollar
-17.93 5.5
EUR/PLN
Euro vs Polish Zloty
-4.045 0.951
EUR/RUB
Euro vs Russian Ruble
-18.0901 3.1856
EUR/SEK
Euro vs Swedish Krona
-18.71 -33.34
EUR/SGD
Euro vs Singapore Dollar
-13.91 1.8
EUR/TRY
Euro vs Turkish Lira
-32.556 15.128
EUR/USD
Euro vs US Dollar
-11.06 2.86
EUR/ZAR
Euro vs South African Rand
-41.333 10.645
GBP/AUD
British Pound vs Australian Dollar
-13.42 1.45
GBP/CAD
British Pound vs Canadian Dollar
-8.19 -0.51
GBP/CHF
British Pound vs Swiss Franc
2.19 -10.66
GBP/DKK
British Pound vs Danish Krone
-1.592 -4.32
GBP/HUF
British Pound vs Hungarian Forint
-0.123 -1.838
GBP/JPY
British Pound vs Japanese Yen
-1.67 -9.25
GBP/NOK
British Pound vs Norwegian Krone
-34.05 -21.05
GBP/NZD
British Pound vs New Zealand Dollar
-14.24 1.85
GBP/PLN
British Pound vs Polish Zolty
-2.998 0.208
GBP/SEK
British Pound vs Swedish Krona
9.53 -76.83
GBP/SGD
British Pound vs Singapore Dollar
-10.08 -2.11
GBP/TRY
British Pound vs Turkish Lira
-33.776 8.535
GBP/USD
British Pound vs US Dollar
-8.69 0.7
GBP/ZAR
British Pound vs South African Rand
-41.749 10.5
HKD/JPY
Hong Kong Dollar vs Japanese Yen
-0.01 -0.06
NOK/JPY
Norwegian Krone vs Japanese Yen
-0.03 -0.068
NOK/SEK
Norwegian Krone vs Swedish Krona
0.193 -0.905
NZD/CAD
New Zealand Dollar vs Canadian Dollar
0.92 -5.98
NZD/CHF
New Zealand Dollar vs Swiss Franc
3.7 -10.1
NZD/HUF
New Zealand Dollar vs Hungarian Forint
0.496 -2.14
NZD/JPY
New Zealand Dollar vs Japanese Yen
2.58 -8.48
NZD/SGD
New Zealand Dollar vs Singapore Dollar
0.27 -7.03
NZD/USD
New Zealand Dollar vs US Dollar
-1.55 -4.56
PLN/JPY
Polish Zloty vs Japanese Yen
0.07 -0.22
SEK/JPY
Swedish Krona vs Japanese Yen
-0.04 -0.026
SGD/JPY
Singapore Dollar vs Japanese Yen
0.99 -7.78
TRY/JPY
Turkish Lira vs Japanese Yen
0.703 -1.468
USD/BGN
US Dollar vs Bulgarian Lev
-12.43 2
USD/BRL
US Dollar vs Brazilian Real
-0.249 -0.43
USD/CAD
US Dollar vs Canadian Dollar
-1.85 -6.03
USD/CHF
US Dollar vs Swiss Franc
4.32 -12.79
USD/CNH
US Dollar vs Chinese Renminbi
-3.524 0.09
USD/CZK
US Dollar vs Czech Koruna
0.301 -1.693
USD/DKK
US Dollar vs Danish Krone
-0.984 -5.477
USD/HKD
US Dollar vs Hong Kong Dollar
-3.36 -37.36
USD/HUF
US Dollar vs Hungarian Forint
0.646 -2.619
USD/JPY
US Dollar vs Japanese Yen
2.34 -11.95
USD/MXN
US Dollar vs Mexican Pesos
-49.743 11.5
USD/NOK
US Dollar vs Norwegian Krone
6.88 -53.41
USD/PLN
US Dollar vs Polish Zloty
-0.501 -1.439
USD/RUB
US Dollar vs Russian Ruble
-11.8367 2.25
USD/SEK
US Dollar vs Swedish Krona
29.66 -98.06
USD/SGD
US Dollar vs Singapore Dollar
-0.38 -7.38
USD/TRY
US Dollar vs Turkish Lira
-24.353 6.5
USD/ZAR
US Dollar vs South African Rand
-24.833 5.2
XAU/USD
Gold, Ounce vs US Dollar
-2.83 -4.7
ZAR/JPY
South African Rand vs Japanese Yen
0.093 -0.2277

[2] The swap value depends mainly on the level of interest rates and the interest of the Company for having an open position during the night. The exchange is automatically converted to the base currency of the trading account of the client. The Company reserves the right to amend the swap values of a specific client in case of any suspect of a trading abuse. The operation is carried out at 23.59 (server time) and may take several minutes.

STP swap value is calculated based on the rates we receive from various LPs plus mark-up and as a result it changes frequently to reflect market conditions.
To view Swap values, clients can right click on client terminal market watch and press on Specification.

Note:

  • Zero margin requirements for opening a hedged position provided free margin is positive (Margin Level > 100%);
  • Zero commission;
  • The trading hours starting daily from 00:00 to 24:00 server time Monday through Friday. The server time is GMT + 2 (GMT + 3 is applied during summer time).
  • From Friday to Monday swap is charged once. From Wednesday to Thursday swap is charged in triple size.
  • Leverage on CHF, DKK and CZK crosses will be 1/3 of the account leverage. Max Leverage can be 1:166.67 when account leverage is 1:500.
  • Leverage on RUB, BRL and CNH crosses will be 1/10 of the account leverage. Max Leverage can be 1:50 when account leverage is 1:500. USDBRL 13:00 - 22:00
  • The Company reserves the right to amend the swap values of a specific client in case of any suspect of a trading abuse.
  • Trading hours for specific exotic pairs:
  • USDRUB, EURRUB: 10:00 - 18:00 USDCNH, EURCNH: 03:00 - 24:00
Symbol Minimum Price Fluctuation Size of 1 lot 1 Tick Value Per 1 Lot Minimum Contract Size
US500 E-mini S&P 500 0.25 50 USD * S&P 500 12.5 USD 0.01 0.01
US30 E-mini Dow ($5) 1 5 USD * DJI 5 USD 0.01 0.01
US100 E-mini NASDAQ-100 0.25 20 USD * NASDAQ 5 USD 0.01 0.01
JP225 NIKKEI 225 (Dollar) 5 5 USD * Nikkei 225 25 USD 0.01 0.01
UK100 FTSE 100 0.5 10 GBP * FTSE 100 5 GBP 0.01 0.01
AUS200 ASX SPI 200 Index 1 25 AUD * Index 25 AUD 0.01 0.01
FRA40 CAC 40 Index 0.5 10 EUR*Index 5 EUR 0.01 0.01
China50 FTSE China A50 Index 1 1 USD * Index 1 USD 0.01 0.01
ENERGY FUTURES
USOIL Light Sweet Crude Oil 0.01 1000 Barrels 10 USD 0.01 0.01
UKOIL Brent Crude 0.01 1000 Barrels 10 USD 0.01 0.01
NAT.GAS Natural Gas 0.001 10000 mmbtu 10 USD 0.01 0.01
COMMODITY FUTURES
Corn 0.25 5000 Bushels 12.5 USD 0.01 0.01
Soybeans 0.25 5000 Bushels 12.5 USD 0.01 0.01
Wheat 0.25 5000 Bushels 12.5 USD 0.01 0.01
Coffee 0.25 37,500 lbs 18.75 USD 0.01 0.01
Cocoa Futures 1 10 metric tones 10 USD 0.01 0.01
Rice Futures 0.25 2000 10 USD 0.01 0.01
Sugar Futures 0.01 10000 10 USD 0.01 0.01
0.01 1000 10 USD 0.01 0.01
BASE METAL FUTURES
Copper 0.0005 25000Lbs 12.5 USD 0.01 0.01
CURRENCY FUTURES
Euro Futures 0.0001 125000 12.5 USD 0.01 0.01
Japanese Yen Futures 0.0001 125000 12.5 USD 0.01 0.01
Australian Dollar Futures 0.0001 125000 10 USD 0.01 0.01
British Pound Futures 0.0001 62500 6.25 USD 0.01 0.01
Swiss Frank Futures 0.0001 125000 12.5 USD 0.01 0.01
Dollar Index 0.005 1000 * Index 5 USD 0.01 0.01
Note:
  • Zero margin requirements for opening a hedged position provided free margin is positive (Margin Level > 100%);
  • Zero commission;
  • The trading hours, for all Live and STP accounts, are 24 hours per day, starting at 00:00 Monday and closing at 24:00 Friday server time. Server time is GMT + 2 (GMT + 3 applies during daylight saving/summer time.
  • Leverage on RUB and CNH crosses will be 1/10 of the account leverage. Max Leverage can be 1:50 when account leverage is 1:500.
  • Leverage on CHF, DKK and CZK crosses will be 1/3 of the account leverage. Max Leverage can be 1:166.67 when account leverage is 1:500.
  • No micro lots are allowed for accounts with a balance over $10,000
  • Trading hours for specific exotic pairs:
  • USDRUB, EURRUB: 10:00 - 18:00 USDCNH, EURCNH: 03:00 - 24:00
The Company reserves the right to change the client’s account leverage as per below table or otherwise appropriate considering client’s trading activity:
Instant Execution Account
Equity Amount Leverage Level Leverage Level per Exposure
$500- $49,999 Up to 1:500 If exposure on a single currency pair is > than 10mln (100 lots) account leverage can be changed to a maximum level of 1:200 [3]
$50,000 - $99,999 Up to 1:200 If exposure on a single currency pair is > than 10mln (100 lots) account leverage can be changed to a maximum level of 1:100 [3]
Over $100,000 Up to 1:100 If exposure on a single currency pair is > than 15mln (150 lots) account leverage can be changed to a maximum level of 1:50 [3]
STP/ECN Accounts
Equity Amount Leverage Level
$500 - $49,999 Up to 1:200
$50,000 and above Up to 1:100

Margin requirement for opening new positions will be calculated based on the new reduced leverage however the margin value will be based on the initial leverage. By restarting the client’s trading terminal (i.e. platform) this value will change in order to reflect the new leverage.
Note:

  • An internal mail will be sent to the client informing him of the leverage change as well as to restart his trading terminal, in order for account margin calculations to fully reflect the new reduced leverage.
  • A possible reduction in leverage may cause liquidation of some or all of the client’s positions.
  • No micro lots are allowed for accounts with Equity over $10,000
  • 1:500 leverage is offered on the Micro STP/ECN accounts only. This offer is subject to change based on the client trade sizes
  • 1:200 Leverage on STP/ECN can be offered subject to approval and on case-by-case basis based on balance, trade sizes and strategy assessments.