Symbol | Avg. spread pips | Commission per lot/side | Long swap pips | Short swap pips | Stop level* pips |
|---|
Forex market trading hours is from Sunday 21:05 to Friday 20:59, however, currency pairs below have their own trading hours:
Instrument | Open | Close |
|---|---|---|
USDCNH, USDTHB | Sunday 23:05 | Friday 20:59 |
Daily break - | ||
USDILS, GBPILS | Monday 05:00 | Friday 15:00 |
Daily break 15:00-05:00 | ||
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, including rollover time. This may persist until liquidity levels are restored.
Our lowest spreads are on Zero account and remain fixed at 0.0 pips for 95% of the time. These instruments are marked with an asterisk in the table.
Swap is the interest that is applied to all forex trading positions that are left open overnight. Swap rates differ from one currency pair to another.
When the swap rate is negative, this means that a swap is deducted from a position. However, when there's a positive figure for the swap rate, the amount is credited. Swaps occur at 21:00 GMT+0 each day, excluding the weekend, until the position is closed.
Please bear in mind that when trading forex pairs, triple swaps are charged on Wednesdays to cover financing costs incurred over the weekend.
We do not charge swaps for the instruments marked in the table above if you have Extended swap-free status.
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 exotic currency pairs always remain fixed, regardless of the leverage you use. The margin for these instruments is held in accordance with the instruments’ margin requirements and is not affected by the leverage on your account.
The margin requirement for your account is tied to the amount of leverage you use. Changing leverage will cause margin requirements to change.
Just as spreads may change depending on market conditions, the amount of leverage available to you can also vary. This can happen for a number of reasons that are explained below.
From 15 minutes before the publication of high-level economic news until 5 minutes after, margin requirements for new positions opened on affected forex instruments are calculated with a maximum leverage of 1:200.
From 15 minutes before the publication of high-level economic news until 5 minutes after, margin requirements for new positions opened on affected forex instruments are calculated with a maximum leverage of 1:200.
An increased margin rule also applies to all forex trading that happens during weekends. All instruments during this period are subject to a maximum leverage of 1:200. Holidays are slightly different as only certain instruments and markets may be affected by this rule. When there is a change in margin requirements due to holidays, we will inform you via email.
An increased margin rule also applies to all forex trading that happens during weekends. All instruments during this period are subject to a maximum leverage of 1:200. Holidays are slightly different as only certain instruments and markets may be affected by this rule. When there is a change in margin requirements due to holidays, we will inform you via email.