Forex

Access more than 100 forex pairs and tap into the potential of the world’s largest financial market.

THE BENEFITS OF TRADING FOREX

In the forex market, investors are trading a pair of currency and anticipating a profit from the changing values of currency over time.

Instrument               Open                   Close

Forex trading hours

Forex market trading hours is from Sunday 21:05 to Friday 20:59, however, currency pairs below have their own trading hours:

USDCNH, USDTHB

Sunday

23:05

Friday

20:59

USDILS, GBPILS

Monday

05:00

Friday

15:00

Daily break 15:00-05:00

All timings are in server time (GMT+0).

Fixed margin requirements

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.

Spreads

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.

Our lowest spreads are on Zero account and remain fixed at 0.0 pips for 95% of the trading day. These instruments are marked with an asterisk in the table.

Swaps

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 22:00 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.

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