Open 24 hours a day 5 days a week, the foreign exchange market is the
largest and most liquid market in the world with volumes of over $6
trillion a day surpassing any exchange based market.
Foreign exchange trading involves trading one currency pair against another, predicting that one currency will rise or fall against another. Currencies are traded in pairs, like the Euro versus the US Dollar (EUR/USD).
We offer Forex traders some of the tightest spreads out of all Forex exchange brokers globally with our EUR/USD spread averaging 0 pips. Tight spreads combined with our low latency enterprise grade hardware makes us the ideal choice for active day traders and those using Expert Advisors. The table at the bottom of this page shows our minimum and average spreads across all of the major currency pairs.
Over 28 currency pairs
Tight spreads from 0.0 pips
Up to 1:100 leverage
Trade 24 hours a day, five days a week
Forex trading is similar to trading shares or futures except that when trading foreign exchange you are buying or selling one currency against another and you do not take delivery of the underlying currency. One of the key advantages Forex has over other financial instruments is that relatively small lot sizes can be traded – lot sizes can be as small as 1000 units (one micro lot). Typically, foreign exchange also involves leverage which in some cases can be as high as 1:100, which is very different to trading shares where no leverage is involved.
The price of the Euro against the US Dollar (EUR/USD) is 1.33623/1.33624 and you decide to sell 2 standard lots (the equivalent of €200,000) at 1.33623.
One week later the Euro has fallen against the US Dollar to 1.32128/1.32129 and you decide to take your profit by buying back 2 standard lots at 1.32129.
|AUDCAD||Australian Dollar vs Canadian Dollar||0||0.8||1||1.8|
|AUDCHF||Australian Dollar vs Swiss Franc||0||0.8||1||1.8|
|AUDJPY||Australian Dollar vs Japanese Yen||0||0.4||1||1.4|
|AUDNZD||Australian Dollar vs New Zealand Dollar||0||0.8||1||1.8|
|AUDUSD||Australian Dollar vs United States Dollar||0||0.2||1||1.2|
|CADCHF||Canadian Dollar vs Swiss Franc||0||1||1||2|
|CADJPY||Canadian Dollar vs Japanese Yen||0||0.6||1||1.6|
|CHFJPY||Swiss Franc vs Japanese Yen||0||0.8||1||1.8|
|EURAUD||Euro vs Australian Dollar||0||0.5||1||1.5|
|EURCAD||Euro vs Canadian Dollar||0||1.1||1||2.1|
|EURCHF||Euro vs Swiss Franc||0||0.7||1||1.7|
|EURGBP||Euro vs British Pound||0||0.4||1||1.4|
|EURJPY||Euro vs Japanese Yen||0||0.3||1||1.3|
|EURNZD||Euro vs New Zealand Dollar||0||1.3||1||2.3|
|EURUSD||Euro vs United States Dollar||0||0.1||0.8||1.1|
|GBPAUD||British Pound vs Australian Dollar||0||1.1||1||2.1|
|GBPCAD||British Pound vs Canadian Dollar||0||1.5||1||2.5|
|GBPCHF||British Pound vs Swiss Franc||0||0.6||1||1.6|
|GBPJPY||British Pound vs Japanese Yen||0||0.8||1||1.8|
|GBPNZD||British Pound vs New Zealand Dollar||0||3.4||1||4.4|
|GBPUSD||British Pound vs United States Dollar||0||0.4||1||1.4|
|NZDCAD||New Zealand Dollar vs Canadian Dollar||0||1.3||1||2.3|
|NZDCHF||New Zealand Dollar vs Swiss Franc||0||0.9||1||1.9|
|NZDJPY||New Zealand Dollar vs Japanese Yen||0||0.7||1||1.7|
|NZDUSD||New Zealand Dollar vs United States Dollar||0||0.4||1||1.4|
|USDCAD||United States Dollar vs Canadian Dollar||0||0.5||1||1.5|
|USDCHF||United States Dollar vs Swiss Franc||0||0.5||1||1.5|
|USDJPY||United States Dollar vs Japanese Yen||0||0.2||1||1.2|
* Subject to change based on market condition