Symbol | Avg. spread pips | Commission per lot/side | Margin 1:2000 | Long swap pips | Short swap pips | Stop level* pips |
|---|
Instrument | Open | Close |
|---|---|---|
XAU, XAG | Sunday 22:05 | Friday 20:58 |
Daily break 20:58-22:01 | ||
XPDUSD, XPTUSD | Sunday 22:10 | Friday 20:58 |
Daily break 20:58-22:05 | ||
XALUSD, XCUUSD, XPBUSD, XZNUSD | Monday 01:00 | Friday 18:55 |
Daily break 18:55-01:00 | ||
XNIUSD | Monday 08:00 | Friday 18:55 |
Daily break 18:55-08:00 | ||
USOIL, XNGUSD | Sunday 22:10 | Friday 20:45 |
Daily break 20:45-22:10 | ||
UKOIL | Monday 00:10 | Friday 20:55 |
Daily break 20:55-00:10 | ||
All timings are in server time (GMT+0).
Spreads are always floating. Because of this, the spreads in the above table are averages based on the previous trading day. For live spreads, please refer to the trading platform.
Please note that spreads may widen when the markets experience lower liquidity. This may persist until liquidity levels are restored.
Swap is a type of commission applied to trading positions held overnight. The swap can be positive or negative, based on the interest rates of the underlying instrument and the position (buy or sell). It’s charged or paid to your trading account at 21:00 (GMT+0) each day, excluding weekends, until the position is closed.
On Wednesdays, a triple swap rate applies for positions in gold, silver, platinum, and other metal pairs to account for the market close over the weekend where no swaps are charged.
If you have Extended swap-free status, you won’t be charged any swaps for the instruments marked in the table above. To check your swap status, simply log in to your Personal Area, go to Settings, and then to the Trading Conditions tab.
If you are a resident of a Muslim country, all accounts are automatically swap-free.
Please note that the stop level values in the table above are subject to change and may not be available for traders using certain high-frequency trading strategies or Expert Advisors.
Margin requirements for the following commodities always remain fixed, regardless of the maximum leverage set on your account:
For XAL (aluminum), XCU (copper), XNI (nickel), XPB (lead), XPT (platinum), XPD (palladium) and XZN (zinc) leverage is set at 1:100
For XNGUSD (natural gas), leverage is set at 1:20
Margin requirements for USOIL and UKOIL always remain fixed with a leverage of 1:200, except for specific periods of higher margin requirements.
During the following higher margin requirements periods, the margin requirements for both USOIL and UKOIL are set at 5% (1:20 leverage):
USOIL: from 15:45 (GMT+0) on Friday to 21:59 (GMT+0) on Sunday
UKOIL: from 07:00 (GMT+0) on Friday to 23:30 (GMT+0) on Sunday
Margin requirements are tied to the rate of leverage you use. Changing your leverage will cause margin requirements on XAU (gold) and XAG (silver) pairs to change.
Just as spreads change depending on conditions, the leverage available to you can also vary. This can happen for a number of reasons:
Around the release of relevant high-impact economic news, new positions on XAU and XAG pairs are limited to 1:200 leverage. This applies from 15 minutes before the news release to 5 minutes after.
Around the release of relevant high-impact economic news, new positions on XAU and XAG pairs are limited to 1:200 leverage. This applies from 15 minutes before the news release to 5 minutes after.
The same higher margin requirements also apply three hours before a market closes and one hour after it opens, and for XAUUSD four hours before the market closes for the weekend and one hour after the market opens after the weekend.
When there is a change in margin requirements due to holidays, we will inform you via email.
The same higher margin requirements also apply three hours before a market closes and one hour after it opens, and for XAUUSD four hours before the market closes for the weekend and one hour after the market opens after the weekend.
When there is a change in margin requirements due to holidays, we will inform you via email.
All new XAU positions opened in the 30 minutes before the daily break will be subject to increased margin requirements with leverage being capped at 1:1000.
All new XAU positions opened in the 30 minutes before the daily break will be subject to increased margin requirements with leverage being capped at 1:1000.