Trading on financial markets is associated with a high level of risks and can lead to a loss of money deposited.Investors residing in Spain are warned that the Spanish Securities and Exchange Commission (CNMV) has determined that, due to their complexity and the risk involved, the purchase of FX products by retail investors is not appropriate/suitable.

One Account Type, 41 Currency Pairs, 3 Trading Platforms

We provide a level playing field for ALL our clients. We do this through a SINGLE account type with the same competitive spread. All our clients, however big or small their account balance, have an equal opportunity to benefit from a very competitive, transparent and fair trading environment.

MetaTrader 4 Desktop & Mobile Trading
Trading Platform
Floating from 1.2 pips
Spreads
41 Currency Pairs
Trading Instruments
5 Decimal Points (JPY quoted
pairs have 3 Decimal Points)
Quotes Precision
1:25, 1:50, 1:100, 1:200, 1:500
Choice of Leverage*
Market via STP/Instant
Execution
None
Minimum Deposit
0.01 Lot
Minimum Trade Size
0.01 Lot
Trade Size Increment
100 Lots (USDCNH, 10 Lots)
Maximum Trade Size
100
Maximum Concurrent Open Trades
60% & 40%
Margin Call & Stop Out Level
During business hours.
Please see here.
Telephone Trading
EUR, USD
Account Currency
Yes (see table below)
Rollover Charges
No
Commission Charges

* In an effort to protect the client and in line with the EU and our regulatory requirements, the determination of the leverage ratio is based on the client’s specific characteristics. Whilst the client may ask for a leverage higher than the default Leverage, the company will base the determination on the appropriateness assessment carried out on a compulsory basis during the account opening process. The default Leverage is 1:50.

The Polish Financial Supervision Commission (KNF) has introduced a new regulatory framework which has reduced the maximum leverage for retail traders to 1:25. Thus the maximum Leverage offered to clients from Poland is limited to 1:25.

Currency
Pair
Average
Spread
Margin Used
(USD, 1:100)
Swap Long
(points)
Swap Short
(points)
Pip Value
(USD)
AUDCAD 4.9 1000 * AUDUSD rate 2.224 -7.932 10 / USDCAD rate
AUDCHF 4.7 1000 * AUDUSD rate 3.672 -8.520 10 / USDCHF rate
AUDJPY 3.0 1000 * AUDUSD rate 3.128 -10.272 1000 / USDJPY rate
AUDNZD 7.4 1000 * AUDUSD rate -4.872 -0.924 10 * NZDUSD rate
AUDUSD 1.7 1000 * AUDUSD rate 2.288 -6.324 10
CADCHF 2.1 1000 / USDCAD rate 0.856 -4.800 10 / USDCHF rate
CADJPY 3.6 1000 / USDCAD rate -0.744 -3.504 1000 / USDJPY rate
CHFJPY 3.4 1000 / USDCHF rate -5.856 0.504 1000 / USDJPY rate
EURAUD 3.9 1000 * EURUSD rate -15.828 6.400 10 * AUDUSD rate
EURCAD 5.4 1000 * EURUSD rate -6.432 -0.072 10 / USDCAD rate
EURCHF 2.8 1000 * EURUSD rate 0.024 -4.248 10 / USDCHF rate
EURGBP 2.6 1000 * EURUSD rate -2.928 0.232 10 * GBPUSD rate
EURHUF 53.5 1000 * EURUSD rate -162.816 3.968 10 / USDHUF rate
EURJPY 2.0 1000 * EURUSD rate -3.420 -1.608 1000 / USDJPY rate
EURNZD 7.8 1000 * EURUSD rate -20.904 8.408 10 * NZDUSD rate
EURPLN 48.5 1000 * EURUSD rate -29.304 8.272 10 / USDPLN rate
EURUSD 1.4 1000 * EURUSD rate -3.612 -0.396 10
GBPAUD 5.5 1000 * GBPUSD rate -16.800 5.544 10 * AUDUSD rate
GBPCAD 1.8 1000 * GBPUSD rate -4.272 -4.572 10 / USDCAD rate
GBPCHF 4.8 1000 * GBPUSD rate 2.232 -9.072 10 / USDCHF rate
GBPJPY 4.4 1000 * GBPUSD rate -0.528 -6.324 1000 / USDJPY rate
GBPNZD 8.5 1000 * GBPUSD rate -23.352 8.040 10 * NZDUSD rate
GBPUSD 2.0 1000 * GBPUSD rate -1.476 -3.996 10
NZDCAD 7.7 1000 * NZDUSD rate 2.864 -9.408 10 / USDCAD rate
NZDCHF 6.3 1000 * NZDUSD rate 4.000 -9.420 10 / USDCHF rate
NZDJPY 4.6 1000 * NZDUSD rate 3.640 -9.600 1000 / USDJPY rate
NZDUSD 2.7 1000 * NZDUSD rate 2.736 -7.452 10
SGDJPY 4.3 1000 / USDSGD rate -2.856 -6.696 1000 / USDJPY rate
USDCAD 2.6 1000 -3.840 -1.920 10 / USDCAD rate
USDCHF 2.0 1000 0.920 -5.100 10 / USDCHF rate
USDCNH 78.7 1000 -247.944 -31.920 10 / USDCNH rate
USDHUF 46.8 1000 -128.112 -10.368 10 / USDHUF rate
USDJPY 1.5 1000 -1.332 -3.132 1000 / USDJPY rate
USDMXN 79.5 1000 -229.200 31.192 10 / USDMXN rate
USDNOK 51.3 1000 -40.524 -7.284 10 / USDNOK rate
USDPLN 7.8 1000 -20.544 3.720 10 / USDPLN rate
USDSEK 48.7 1000 -2.760 -45.960 10 / USDSEK rate
USDSGD 2.4 1000 -9.660 -5.544 10 / USDSGD rate
USDTRY 29.3 1000 -117.660 57.736 10 / USDTRY rate
USDZAR 152.5 1000 -321.960 148.872 10 / USDZAR rate
ZARJPY 3.3 1000 / USDZAR rate 1.056 -2.256 1000 / USDJPY rate

Lot – the volume unit of a traded instrument. It is equal to 100,000 units of the base currency.

Level of limit and stop orders – the minimal interval between the current price and the pending order level (in points). Inside this interval, take profit, stop loss and pending orders can't be placed. When placing orders within this range is attempted, the server will send an error message and won't accept the order. The level of limit and stop orders is equal to a typical spread.

Freezing level – a ban on changing orders that are close to fulfillment. Within this level, it’s impossible to modify, delete or close positions which are about to be executed. The freezing level value is equal to one-half of the spread of the traded instrument.

Swap – payment for transferring a position overnight (the swap value is displayed in points). Swaps can be positive and negative and are calculated as the difference between interest rates. Swaps are charged daily at 00:00 according to the server time. From Wednesday to Thursday, swaps are charged 3 times higher. The swap rate is the product of the pip price by the number of lots by the number of days.

Margin call – a warning that appears when the ratio of the equity to the margin amount in a trading account goes below the allowed level. In this case, the broker has the right (but is not obliged) to close one or several of the client’s positions according to market conditions.

Stop out – a liquidation level that appears when the ratio of the equity to the margin amount in a trading account goes below the allowed level. In this case, the broker is obliged to close one or several of the client’s positions in order to prevent a negative balance in the account.

1. Margin Used is indicated for a 1 lot trade (100,000 currency units) for a USD currency account with leverage of 1:100.

2. Pip Value is indicated for a 1 lot trade for a USD currency account.

3. The Trading Session for all instruments starts at 21:15 GMT on Sunday and ends at 20:45 GMT on Friday.
 - On weekdays between 20:58 GMT and 21:10 GMT there is a daily system refresh by the banks during which trading is unavailable.
 - Quotes and trading often resume earlier at 21:05 GMT but some of the banks may stay offline as late as 21:15 GMT. Clients should exercise caution as liquidity and consistency of the spread may be impaired during this time.

4. The USDCNH currency pair is most liquid during the Hong Kong trading session hours, and it may experience light liquidity conditions outside of those hours. Such liquidity conditions may result in uneven pricing and/or the possibility of increased slippage. Clients should exercise caution when trading during these conditions.

5. The USDMXN currency pair may experience light liquidity conditions during the evening hours of the US Eastern Standard Time (EST) zone. Such liquidity conditions may result in uneven pricing. Clients should exercise caution when trading during these conditions.

6. Swap Amounts
 - The formula used to calculate these is: Swap Amount = Lots * Swap Value (Long or Short) * Conversion Rate.
   - Lots (1 Lot = 100,000 currency units) the number of lots of an open position.
   - Swap Value as defined in the table above is the amount in base currency that will be debited/credited to the client's MT4 account at the End of Day, that is 23:59:59 server time.
   - Conversion Rate is used to convert the amount from Base currency of the pair to the MT4 account's deposit currency.
 - On Wednesdays, triple (3X) the normal swap value is assessed on all open positions in order to account for the weekend (when the market is closed).

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