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.
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 | Long Rate in Points2 | Short Rate in Points2 |
| AUD/CAD Australian Dollar vs Canadian Dollar |
-6.25 | -1.98 |
| AUD/CHF Australian Dollar vs Swiss Franc |
-4.85 | -3.87 |
| AUD/DKK Australian Dollar vs Danish Krone |
0.56 | -4.91 |
| AUD/HUF Australian Dollar vs Hungarian Forint |
-1.725 | -0.828 |
| AUD/JPY Australian Dollar vs Japanese Yen |
-4.94 | -2.78 |
| AUD/NZD Australian Dollar vs New Zealand Dollar |
-4.76 | -3.98 |
| AUD/PLN Australian Dollar vs Polish Zloty |
-0.98 | -0.65 |
| AUD/SGD Australian Dollar vs Singapore Dollar |
-8.98 | -6.25 |
| AUD/USD Australian Dollar vs US Dollar |
-5.98 | -2.74 |
| CAD/CHF Canadian Dollar vs Swiss Franc |
-0.98 | -4.55 |
| CAD/JPY Canadian Dollar vs Japanese Yen |
-1.78 | -3.86 |
| CAD/NOK Canadian Dollar vs Norwegian Krone |
-23.85 | -65.35 |
| CAD/SEK Canadian Dollar vs Swedish Krona |
-5.76 | -25.45 |
| CHF/NOK Swiss Franc vs Norwegian Krone |
-56.28 | 9.18 |
| CHF/PLN Swiss Franc vs Polish Zloty |
-3.66 | 1.47 |
| CHF/SGD Swiss Franc vs Singapore Dollar |
-35.21 | -1.68 |
| CHF/JPY Swiss Franc vs Japanese Yen |
-8.78 | -3.86 |
| CHF/HUF Swiss Franc vs Hungarian Forint |
-4.657 | -1.895 |
| EUR/AUD Euro vs Australian Dollar |
-6.97 | -2.98 |
| EUR/CAD Euro vs Canadian Dollar |
-5.95 | -0.75 |
| EUR/CHF Euro vs Swiss Franc |
-2.28 | -3.81 |
| EUR/CNH Euro vs Chinese Renminbi |
-13.86 | -14.528 |
| EUR/CZK Euro vs Czech Koruna |
-5.861 | -2.889 |
| EUR/DKK Euro vs Danish Krone |
-21.07 | -18.57 |
| EUR/GBP Euro vs British Pound |
-3.98 | -0.99 |
| EUR/HKD Euro vs Hong Kong Dollar |
-39.61 | -8.4 |
| EUR/HUF Euro vs Hungarian Forint |
-3.685 | -2.245 |
| EUR/JPY Euro vs Japanese Yen |
-3.97 | -2.96 |
| EUR/MXN Euro vs Mexican Peso |
-77.773 | 17.685 |
| EUR/NOK Euro vs Norwegian Krone |
-81.7 | -14.35 |
| EUR/NZD Euro vs New Zealand Dollar |
-9.83 | -1.15 |
| EUR/PLN Euro vs Polish Zloty |
-12.02 | -2.25 |
| EUR/RUB Euro vs Russian Ruble |
-51.2555 | 3.1856 |
| EUR/SEK Euro vs Swedish Krona |
-74.21 | -19.74 |
| EUR/SGD Euro vs Singapore Dollar |
-26.74 | -2.98 |
| EUR/TRY Euro vs Turkish Lira |
-189 | 17.5 |
| EUR/USD Euro vs US Dollar |
-5.96 | -1.95 |
| EUR/ZAR Euro vs South African Rand |
-38.454 | 10.645 |
| GBP/AUD British Pound vs Australian Dollar |
-4.94 | -7.71 |
| GBP/CAD British Pound vs Canadian Dollar |
-5.89 | -4.68 |
| GBP/CHF British Pound vs Swiss Franc |
-0.72 | -6.67 |
| GBP/DKK British Pound vs Danish Krone |
-15.92 | -43.2 |
| GBP/HUF British Pound vs Hungarian Forint |
-2.755 | -6.589 |
| GBP/JPY British Pound vs Japanese Yen |
-3.55 | -4.78 |
| GBP/NOK British Pound vs Norwegian Krone |
-75.55 | -44.26 |
| GBP/NZD British Pound vs New Zealand Dollar |
-8.97 | -5.875 |
| GBP/PLN British Pound vs Polish Zolty |
-1.475 | -1.394 |
| GBP/SEK British Pound vs Swedish Krona |
-33.25 | -76.83 |
| GBP/SGD British Pound vs Singapore Dollar |
-24.28 | -6.97 |
| GBP/TRY British Pound vs Turkish Lira |
-215 | 19.4 |
| GBP/USD British Pound vs US Dollar |
-4.8 | -2.98 |
| GBP/ZAR British Pound vs South African Rand |
-39.885 | 10.5 |
| HKD/JPY Hong Kong Dollar vs Japanese Yen |
-0.01 | -0.06 |
| NOK/JPY Norwegian Krone vs Japanese Yen |
-0.3 | -0.68 |
| NOK/SEK Norwegian Krone vs Swedish Krona |
-0.494 | -0.905 |
| NZD/CAD New Zealand Dollar vs Canadian Dollar |
-2.91 | -3.75 |
| NZD/CHF New Zealand Dollar vs Swiss Franc |
-0.86 | -4.84 |
| NZD/HUF New Zealand Dollar vs Hungarian Forint |
-0.891 | -1.988 |
| NZD/JPY New Zealand Dollar vs Japanese Yen |
-1.78 | -6.94 |
| NZD/SGD New Zealand Dollar vs Singapore Dollar |
-6.81 | -7.99 |
| NZD/USD New Zealand Dollar vs US Dollar |
-2.71 | -2.96 |
| PLN/JPY Polish Zloty vs Japanese Yen |
0.07 | -0.22 |
| SEK/JPY Swedish Krona vs Japanese Yen |
-0.4 | -0.26 |
| SGD/JPY Singapore Dollar vs Japanese Yen |
-1.89 | -25.74 |
| TRY/JPY Turkish Lira vs Japanese Yen |
1.1 | -9.85 |
| USD/BRL US Dollar vs Brazilian Real |
-12.43 | 2 |
| USD/CAD US Dollar vs Canadian Dollar |
-2.91 | -4.68 |
| USD/CHF US Dollar vs Swiss Franc |
-0.15 | -6.87 |
| USD/CNH US Dollar vs Chinese Renminbi |
-9.55 | -19.875 |
| USD/CZK US Dollar vs Czech Koruna |
-0.979 | -2.996 |
| USD/DKK US Dollar vs Danish Krone |
-9.84 | -54.77 |
| USD/HKD US Dollar vs Hong Kong Dollar |
-74.24 | -54.71 |
| USD/HUF US Dollar vs Hungarian Forint |
-1.155 | -1.531 |
| USD/JPY US Dollar vs Japanese Yen |
-2.34 | -4.97 |
| USD/MXN US Dollar vs Mexican Pesos |
-69.8 | -10.5 |
| USD/NOK US Dollar vs Norwegian Krone |
-19.94 | -135.71 |
| USD/PLN US Dollar vs Polish Zloty |
-2.04 | -11.89 |
| USD/RUB US Dollar vs Russian Ruble |
-14.7555 | 2.25 |
| USD/SEK US Dollar vs Swedish Krona |
-2.87 | -122.5 |
| USD/SGD US Dollar vs Singapore Dollar |
-3.97 | -7.96 |
| USD/TRY US Dollar vs Turkish Lira |
-173.5 | 13.5 |
| USD/ZAR US Dollar vs South African Rand |
-35.588 | 75 |
| ZAR/JPY South African Rand vs Japanese Yen |
-0.0158 | -0.1789 |
Note:
[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.
- From Friday to Monday swap is charged once. From Wednesday to Thursday swap is charged in triple size.
- The Company reserves the right to amend the swap values of a specific client in case of any suspect of a trading abuse.
| Currency Pair | Long Rate in Points2 | Short Rate in Points2 |
| AUD/CAD Australian Dollar vs Canadian Dollar |
-2.39 | -11.85 |
| 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 |
-2.004 | 0.218 |
| AUD/JPY Australian Dollar vs Japanese Yen |
1.1 | -12.88 |
| AUD/NZD Australian Dollar vs New Zealand Dollar |
-2.25 | -7.82 |
| AUD/PLN Australian Dollar vs Polish Zloty |
-0.98 | -0.65 |
| AUD/SGD Australian Dollar vs Singapore Dollar |
-6.25 | -3.55 |
| AUD/USD Australian Dollar vs US Dollar |
-0.88 | -4.45 |
| CAD/CHF Canadian Dollar vs Swiss Franc |
-8.86 | 2.69 |
| CAD/JPY Canadian Dollar vs Japanese Yen |
1.23 | -9.45 |
| 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 |
2.62 | 15.26 |
| CHF/JPY Swiss Franc vs Japanese Yen |
-4.89 | -2.2 |
| CHF/HUF Swiss Franc vs Hungarian Forint |
-1.379 | -0.134 |
| EUR/AUD Euro vs Australian Dollar |
-16.03 | 3.17 |
| EUR/CAD Euro vs Canadian Dollar |
-13.2 | 2.64 |
| EUR/CHF Euro vs Swiss Franc |
-2.95 | -4.85 |
| EUR/CNH Euro vs Chinese Renminbi |
-138.6 | 3.401 |
| EUR/CZK Euro vs Czech Koruna |
0.105 | -2.614 |
| EUR/DKK Euro vs Danish Krone |
-2.107 | -1.857 |
| EUR/GBP Euro vs British Pound |
-0.79 | -5.3 |
| 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 |
-1.98 | 3.39 |
| EUR/MXN Euro vs Mexican Peso |
-77.773 | 17.685 |
| EUR/NOK Euro vs Norwegian Krone |
-81.7 | 6.11 |
| EUR/NZD Euro vs New Zealand Dollar |
-26.89 | 4.55 |
| EUR/PLN Euro vs Polish Zloty |
-32.02 | -2.25 |
| EUR/RUB Euro vs Russian Ruble |
3.1856 | -19.92 |
| EUR/SEK Euro vs Swedish Krona |
-35.85 | -13.41 |
| EUR/SGD Euro vs Singapore Dollar |
-13.91 | 1.8 |
| EUR/TRY Euro vs Turkish Lira |
-2657 | 80 |
| EUR/USD Euro vs US Dollar |
6.02 | 11.95 |
| EUR/ZAR Euro vs South African Rand |
-41.333 | 10.645 |
| GBP/AUD British Pound vs Australian Dollar |
-15.25 | -3.75 |
| GBP/CAD British Pound vs Canadian Dollar |
-2.84 | -9.94 |
| GBP/CHF British Pound vs Swiss Franc |
-11 | 0.44 |
| GBP/DKK British Pound vs Danish Krone |
-1.592 | -4.32 |
| GBP/HUF British Pound vs Hungarian Forint |
-1.838 | 0.638 |
| GBP/JPY British Pound vs Japanese Yen |
-0.29 | -7.68 |
| GBP/NOK British Pound vs Norwegian Krone |
-25.48 | -58.23 |
| GBP/NZD British Pound vs New Zealand Dollar |
-26.38 | -3.34 |
| GBP/PLN British Pound vs Polish Zolty |
-0.391 | 2.998 |
| GBP/SEK British Pound vs Swedish Krona |
-76.83 | -11.25 |
| GBP/SGD British Pound vs Singapore Dollar |
-2.11 | -11.38 |
| GBP/TRY British Pound vs Turkish Lira |
8.535 | -150.7 |
| GBP/USD British Pound vs US Dollar |
1.85 | -11.74 |
| 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 |
-2.05 | -7.68 |
| NZD/CHF New Zealand Dollar vs Swiss Franc |
3.1 | -13.85 |
| NZD/HUF New Zealand Dollar vs Hungarian Forint |
0.496 | -2.14 |
| NZD/JPY New Zealand Dollar vs Japanese Yen |
1.78 | -9.5 |
| NZD/SGD New Zealand Dollar vs Singapore Dollar |
-7.03 | -3.57 |
| NZD/USD New Zealand Dollar vs US Dollar |
-3.45 | -1.64 |
| PLN/JPY Polish Zloty vs Japanese Yen |
1.78 | -8.48 |
| 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 |
-7.64 | 0.88 |
| USD/CHF US Dollar vs Swiss Franc |
-13.46 | 6.84 |
| USD/CNH US Dollar vs Chinese Renminbi |
-3.823 | 0.115 |
| USD/CZK US Dollar vs Czech Koruna |
-1.693 | -0.118 |
| USD/DKK US Dollar vs Danish Krone |
-0.984 | -5.477 |
| USD/HKD US Dollar vs Hong Kong Dollar |
-37.36 | -17.86 |
| USD/HUF US Dollar vs Hungarian Forint |
-2.818 | 0.646 |
| USD/JPY US Dollar vs Japanese Yen |
-12.91 | 5.01 |
| USD/MXN US Dollar vs Mexican Pesos |
-49.743 | 11.5 |
| USD/NOK US Dollar vs Norwegian Krone |
-64.23 | 6.88 |
| USD/PLN US Dollar vs Polish Zloty |
-11.89 | -2.04 |
| USD/RUB US Dollar vs Russian Ruble |
-11.8367 | 2.25 |
| USD/SEK US Dollar vs Swedish Krona |
-99.98 | 29.66 |
| USD/SGD US Dollar vs Singapore Dollar |
-7.96 | -0.38 |
| USD/TRY US Dollar vs Turkish Lira |
-1698 | 60 |
| USD/ZAR US Dollar vs South African Rand |
-24.85 | 10.24 |
| XAG/USD Silver Spot VS US Dollar |
0.64 | -17.9 |
| XAU/USD Gold, Spot vs US Dollar |
-12.98 | 5.1 |
| XAU/EUR Gold, Spot vs Euro |
-5.97 | -2.83 |
| XPD/USD Palladium vs US Dollar |
-9.5 | -18.83 |
| XPT/USD Platinum Ounce vs US Dollar |
-13.5 | -0.15 |
| ZAR/JPY South African Rand vs Japanese Yen |
0.093 | -0.2277 |
Note:
- Zero margin requirements for opening a hedged position provided free margin is positive (Margin Level > 100%);
- 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).
- Leverage on RUB,CNH,TRY,BRL crosses will be set to Maximum 1:100.
- Leverage on CHF,DKK and CZK crosses will be set to Maximum 1:200.
- Trading hours for specific exotic pairs: USDRUB, EURRUB: 10:00- 18:00 USDCNH, EURCNH: 03:00 -24:00, USDBRL 13:00 - 22:00.
| Equity Amount | Leverage Level | Leverage Level per Exposure |
| $500- $9,999 | Up to 1:1000 | If exposure on a single currency pair is > than 10mln (100 lots) account leverage can be changed to a maximum level of 1:500 |
| $10,000- $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 |
| $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 |
| 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 |
Note:
- The Company reserves the right to change the client’s account leverage as per above table or otherwise appropriate considering client’s trading activity.
- The Company reserves the right to amend the swap values for specific clients when there is suspicion of trading abuse.
- 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.
- 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.
- Zero margin requirements for opening a hedged position provided free margin is positive (Margin Level > 100%);
- 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).
- Leverage on RUB, CNH, TRY, BRL and MXN crosses will be set to Maximum 1:100.
- Leverage on CHF, DKK and CZK crosses will be set to Maximum 1:200.
- Trading hours for specific exotic pairs: USDRUB, EURRUB: 10:00- 18:00 USDCNH, EURCNH: 03:00 -24:00, USDBRL 13:00 - 22:00.
- The company, for risk management purposes, reserves the right to change the client’s account leverage based on trading activity or to reflect prevailing market conditions.