Risk Warning: CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 76 % of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.

Markets

About Forex Trading

Forex is often called a stock exchange, but it is not. This is an international over-the-counter market. It does not have a link to any place of bidding. In fact, it is a virtual market in which you can make currency transactions from anywhere in the world.

Open an Account

Capital is at significant risk

Everything you need to successfully trade on forex

Lower costs

0 Deposit & Withdrawal Fees on Credit Card Transactions

Higher Protection

Negative balance protection, smart stop out levels and membership in Investor Compensation Fund (ICF)

Easier to start

Minimum lot size 0,01
1st Deposit from as minimum as $100
Free Demo Account for the most convenient start

How to trade on Forex?

Transactions are performed through the trading terminal which shows the quotes of currency pairs.

The trader assesses the market condition and decides on the purchase or sale of an asset. After that, the trader gives a command to open the requested position.

A brokerage company by applying data from a liquidity provider gives its client the result on the requested position and the trader determines the price level at which the transaction will be closed. As a result, a profit or loss is recorded on trader’s account.

1

First of all you need to create a trading account

Capital is at significant risk

2

Then you get access to the forex market

That’s it!

Takes less than 5 minutes

How to Trade Forex?

Before you start to participate in the bidding, you need to understand the key aspects of making trades in Forex. Each currency has its own encoding consisting of three Latin letters.

For example, the currency pair “British pound / US dollar” looks like the abbreviation GBP / USD.

The first indicates base currency. In the example above, it is the British pound (GBP). The second monetary unit in the pair is the quote currency (USD).

Every financial instrument on Forex has two prices:

  • 1. Ask. The purchase price of the base currency (GBP) and sale of the quoted (USD).
  • 2. Bid price. Cost of sale of the underlying asset and purchase of the quoted one.

The difference between the bid and ask prices is called the spread.

The size of the transaction is determined in lots. One lot is equal to 100 thousand units of the base currency. Previously, only traders with significant capital could participate in such trades.

However, with the advent of margin trading, trading became available to a wider audience.

With margin trading the broker provides the service called leverage on the security (margin) of the trader’s deposit. If the amount of leverage is 1:30, this means that the trader can make a transaction in the amount of 30 times more the size of the deposit.

Symbol Long swap Short swap 3-days swap Leverage Minimal Lot Size Maximal Lot Size Units per Lot Spread
EURCZK -57.27 29.24 Wednesday 1:20 0.01 50 100,000 floating
MXNJPY 5.57 -8.65 Wednesday 1:20 0.01 50 100,000 floating
USDMXN -546.27 236.85 Wednesday 1:10 0.01 50 100,000 floating
SGDJPY -1.15 -9.57 Wednesday 1:20 0.01 50 100,000 floating
GBPHUF -82.24 29.58 Wednesday 1:20 0.01 50 100,000 floating
GBPDKK -3.98 -6.83 Wednesday 1:20 0.01 50 100,000 floating
GBPUSD -1.07 -1.79 Wednesday 1:30 0.01 50 100,000 floating
EURAUD -8.28 -0.61 Wednesday 1:20 0.01 50 100,000 floating
EURCHF -2.75 -3.38 Wednesday 1:30 0.01 50 100,000 floating
AUDUSD -3.21 0.07 Wednesday 1:20 0.01 50 100,000 floating
EURGBP -6.57 1.43 Wednesday 1:30 0.01 50 100,000 floating
USDCAD -2.21 -1.58 Wednesday 1:30 0.01 50 100,000 floating
USDJPY 1.12 -6.73 Wednesday 1:30 0.01 50 100,000 floating
EURUSD -6.59 2.24 Wednesday 1:30 0.01 50 100,000 floating
EURRUB -1114.5 -1117.54 Wednesday 1:20 0.01 50 100,000 floating
EURJPY -3.95 -0.34 Wednesday 1:30 0.01 50 100,000 floating
AUDSEK -4.24 -4.95 Wednesday 1:20 0.01 50 100,000 floating
GBPCHF 2.11 -10.1 Wednesday 1:30 0.01 50 100,000 floating
HKDJPY -0.45 -0.93 Wednesday 1:20 0.01 50 100,000 floating
CADJPY -1.44 -7.71 Wednesday 1:30 0.01 50 100,000 floating
NOKJPY -0.04 -0.89 Wednesday 1:20 0.01 50 100,000 floating
GBPJPY 0.84 -10.26 Wednesday 1:30 0.01 50 100,000 floating
USDRUB -1161.78 169.68 Wednesday 1:20 0.01 50 100,000 floating
AUDNZD -8.4 -0.52 Wednesday 1:20 0.01 50 100,000 floating
GBPPLN -82.18 23.8 Wednesday 1:20 0.01 50 100,000 floating
AUDCAD -4.66 -0.33 Wednesday 1:20 0.01 50 100,000 floating
USDCZK -51.22 10.91 Wednesday 1:20 0.01 50 100,000 floating
AUDCHF 0.76 -3.45 Wednesday 1:20 0.01 50 100,000 floating
CADSGD -7.26 -3.99 Wednesday 1:20 0.01 50 100,000 floating
AUDJPY -1.96 -3.89 Wednesday 1:20 0.01 50 100,000 floating
EURNOK -71.44 12.17 Wednesday 1:20 0.01 50 100,000 floating
CHFJPY -4.54 0.21 Wednesday 1:30 0.01 50 100,000 floating
EURSGD -17.41 0.44 Wednesday 1:20 0.01 50 100,000 floating
EURNZD -16.22 2.6 Wednesday 1:20 0.01 50 100,000 floating
EURHKD -60.48 -15.43 Wednesday 1:10 0.01 50 100,000 floating
EURCAD -10.07 2.23 Wednesday 1:30 0.01 50 100,000 floating
GBPZAR -367.72 160.58 Wednesday 1:10 0.01 50 100,000 floating
CADCHF 0.12 -7.39 Wednesday 1:30 0.01 50 100,000 floating
USDDKK 14.18 -56.12 Wednesday 1:20 0.01 50 100,000 floating
NZDJPY 0.35 -7.16 Wednesday 1:20 0.01 50 100,000 floating
GBPSEK -24.38 -113.53 Wednesday 1:20 0.01 50 100,000 floating
NZDUSD -1.16 -2.92 Wednesday 1:20 0.01 50 100,000 floating
NOKSEK -0.79 -5.51 Wednesday 1:20 0.01 50 100,000 floating
GBPNZD -9.16 -4.94 Wednesday 1:20 0.01 50 100,000 floating
USDNOK -17.13 -24.88 Wednesday 1:20 0.01 50 100,000 floating
USDHKD -11.14 -45.39 Wednesday 1:10 0.01 50 100,000 floating
USDSEK 1.55 -49.88 Wednesday 1:20 0.01 50 100,000 floating
USDPLN -61.77 21.57 Wednesday 1:20 0.01 50 100,000 floating
GBPMXN -664.13 319.75 Wednesday 1:10 0.01 50 100,000 floating
USDHUF -67.09 25 Wednesday 1:20 0.01 50 100,000 floating
GBPTRY -2023.46 61.98 Wednesday 1:10 0.01 50 100,000 floating
GBPAUD -0.61 -9.43 Wednesday 1:20 0.01 50 100,000 floating
TRYJPY 2.95 -19.61 Wednesday 1:20 0.01 50 100,000 floating
GBPCAD -3.49 -4.04 Wednesday 1:30 0.01 50 100,000 floating
USDILS -21.37 -46.83 Wednesday 1:20 0.01 50 100,000 floating
NZDCAD -0.65 -2.85 Wednesday 1:20 0.01 50 100,000 floating
USDRON 0 0 Wednesday 1:20 0.01 50 100,000 floating
NZDCHF 1.88 -5.47 Wednesday 1:20 0.01 50 100,000 floating
CHFSGD -20.87 -3.49 Wednesday 1:20 0.01 50 100,000 floating
AUDNOK -30.46 -8.37 Wednesday 1:20 0.01 50 100,000 floating
EURHUF -89.85 38.38 Wednesday 1:20 0.01 50 100,000 floating
AUDSGD -9.04 -2.01 Wednesday 1:20 0.01 50 100,000 floating
EURPLN -94.28 33.69 Wednesday 1:20 0.01 50 100,000 floating
EURZAR -442.33 166.78 Wednesday 1:10 0.01 50 100,000 floating
EURSEK -45.51 -1.83 Wednesday 1:20 0.01 50 100,000 floating
GBPSGD -10.83 -7.25 Wednesday 1:20 0.01 50 100,000 floating
EURTRY -3988.67 624.58 Wednesday 1:10 0.01 50 100,000 floating
USDCNH -130.21 -10.54 Wednesday 1:10 0.01 50 100,000 floating
CHFNOK -104.98 4.48 Wednesday 1:20 0.01 50 100,000 floating
USDSGD -7.74 -4.13 Wednesday 1:20 0.01 50 100,000 floating
EURMXN -710.87 303.49 Wednesday 1:10 0.01 50 100,000 floating
USDTRY -3353.88 446.06 Wednesday 1:10 0.01 50 100,000 floating
GBPHKD -32.54 -96.79 Wednesday 1:10 0.01 50 100,000 floating
USDZAR -327.11 123.15 Wednesday 1:10 0.01 50 100,000 floating
NZDSGD -6.15 -6.25 Wednesday 1:20 0.01 50 100,000 floating
ZARJPY 86.24 -181.75 Wednesday 1:20 0.01 50 100,000 floating
SEKJPY -0.19 -0.38 Wednesday 1:20 0.01 50 100,000 floating
GBPNOK -57.18 -37.18 Wednesday 1:20 0.01 50 100,000 floating
USDTHB -12.53 -12.54 Wednesday 1:20 0.01 50 100,000 floating
USDCHF 2.47 -6.25 Wednesday 1:30 0.01 50 100,000 floating
* Updated online