|Symbol||Description||Spread in pips||Leverage||Short||Long||Monday Open||Friday Close||Break|
|CADCHF||Canadian Dollar/Swiss Franc||2.3||1:200||-4.1||-0.2||0:00:00||23:59:59||-|
|CADJPY||Canadian Dollar/Japanese Yen||2.3||1:200||-3.3||-1.4||0:00:00||23:59:59||-|
|CHFJPY||Swiss Franc/Japanese Yen||2.7||1:200||-1.3||-5.0||0:00:00||23:59:59||-|
|EURGBP||Euro/Great Britain Pound||1.5||1:200||-1.0||-4.0||0:00:00||23:59:59||-|
|GBPCAD||Great Britain Pound/Canadian Dollar||4.1||1:200||-4.0||-5.5||0:00:00||23:59:59||-|
|GBPCHF||Great Britain Pound/Swiss Franc||2.4||1:200||-5.5||-1.0||0:00:00||23:59:59||-|
|GBPJPY||Great Britain Pound/Japanese Yen||2.9||1:200||-4.5||-3.0||0:00:00||23:59:59||-|
|GBPUSD||Great Britain Pound/US Dollar||1.7||1:200||-3.0||-4.5||0:00:00||23:59:59||-|
|USDCAD||US Dollar/Canadian Dollar||1.8||1:200||-3.5||-2.5||0:00:00||23:59:59||-|
|USDCHF||US Dollar/Swiss Franc||1.8||1:200||-5.0||-0.5||0:00:00||23:59:59||-|
|USDJPY||US Dollar/Japanese Yen||1.7||1:200||-4.5||-1.5||0:00:00||23:59:59||-|
Swaps values may be adjusted daily based on market conditions and rates provided by our Price Provider applicable to all open positions. Triple swaps are applied every Wednesday. Server Times: Winter: GMT+2 and Summer: GMT+3 (DST) (last Sunday of March and ends last Sunday of October). During the time period from 23:55 to 00:05 server time increased spreads and decreased liquidity can take place due to daily bank rollover. In case of inadequate liquidity/spreads during bank rollover, widened spreads and excessive slippage may occur. Therefore orders may not be executed during these times.
Calculating Forex Margin Requirements - Example
Account Leverage: 1:200
Account base currency: USD
Position: Open 10 lots BUY EURUSD at 1.21745
1 Lot size: 100,000 units
Notional value is: 10 * 100,000 * 1.21745 = 1,217,450 USD
Margin required is: 1,217,450 USD / 400 = 3,043.63 USD
What is Forex trading?
FX trading is the buying and selling of currencies with the aim of making a profit. Currencies are traded in pairs - the first currency listed in a forex pair is called the ‘base’ currency while the second currency is called the ‘quote’ currency. The EUR/USD (Euro/US Dollar) is the most traded currency pair in the world. The example below involves buying the Euro and selling the US dollar. In other words, the price represents the amount of US dollars that can be exchanged for one Euro.
The FX market is open 24 hours a day, five days a week and traded online with price quotes changing constantly. This is due to a variety of factors such as interest rates, market factors and geopolitical risks that affect supply and demand for currencies.
As the largest and most-traded financial market in the world, foreign exchange offers ample opportunities for those who want to experience the highest volumes and liquidity. At IBF Markets we offer Derivatives on Forex on a wide variety of currency pairs with exceptional trading conditions such as tight spreads and fast execution. Open a forex trading account and use our powerful trading platforms and professional tools to trade today’s markets with the advantage of tomorrow’s cutting-edge technology!