Forex what is spread 6

Forex Trading.


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


Standard Raw Spread Zero Pro.


Market.


Avg. spread.


Commission.


per lot/side.


Short swap.


Stop level.


Forex trading hours.


Forex market trading hours is from Sunday 22:05 to Friday 21:59, however, currency pairs below have their own trading hours:


Daily break -


Daily break 16:00-06:00.


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.


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.


Dynamic margin requirements.


The margin requirement for your account is tied to the amount of leverage you use. Changing leverage will cause margin requirements to change.


Just as spreads may change depending on market conditions, the amount of leverage available to you can also vary. This can happen for a number of reasons that are explained below.


Equity.


Maximum leverage changes based on your account’s equity:


Equity, USD Maximum leverage 0 – 999 1:Unlimited 0 – 4,999 1:2000 5,000 – 29,999 1:1000 30,000 or more 1:500.


Maximum leverage changes based on your account’s equity:


Equity, USD Maximum leverage 0 – 999 1:Unlimited 0 – 4,999 1:2000 5,000 – 29,999 1:1000 30,000 or more 1:500.


Economic news.


From 15 minutes before the publication of high-level economic news until 5 minutes after, margin requirements for new positions opened on affected forex instruments are calculated with a maximum leverage of 1:200. You can find out when major economic news is due for release on our Economic calendar.


From 15 minutes before the publication of high-level economic news until 5 minutes after, margin requirements for new positions opened on affected forex instruments are calculated with a maximum leverage of 1:200. You can find out when major economic news is due for release on our Economic calendar.


Weekends and holidays.


An increased margin rule also applies to all forex trading that happens during weekends. All instruments during this period are subject to a maximum leverage of 1:200. Holidays are slightly different as only certain instruments and markets may be affected by this rule. When there is a change in margin requirements due to holidays, we will inform you via email.


You can read more about the changes in margin requirements in the FAQ section below.


Weekends and holidays.


An increased margin rule also applies to all forex trading that happens during weekends. All instruments during this period are subject to a maximum leverage of 1:200. Holidays are slightly different as only certain instruments and markets may be affected by this rule. When there is a change in margin requirements due to holidays, we will inform you via email.


You can read more about the changes in margin requirements in the FAQ section below.


Frequently asked questions.


Here are our most frequently asked questions about trading forex with Exness.


All Margin Pending orders Gaps Swaps.


How do your margin requirements work?


Like our spreads, our margin requirements are also dynamic and may change under some circumstances. Specifically, this may happen:


Shortly before and after important news releases Before and after weekends and holidays When your account equity changes.


Why are there higher margin requirements around news?


When important news is released, significant volatility and gaps can occur. Using high leverage in a highly volatile market is risky because sudden movements can result in larger losses. That’s why we cap leverage at 1:200 during news releases for all new positions for instruments impacted.


What happens to my leverage and margin requirements if there are multiple news releases over a short period of time?


In cases when these intervals of increased margin requirements for different news releases are less than 15 minutes apart, these periods may be merged into one long period for the instruments involved. You’ll receive an email from us giving you full details of changes to margin requirements on your trading platform.


What happens after the period of required margin increase due to a news release has passed?


When the specified period has passed, the margin on positions opened during the period is recalculated based on the amount of funds in the account and the selected leverage value.


What happens if I close a hedged order during a period of increased margin requirements?


Closing a hedged order during the period of increased margin requirements will result in an unhedged position which is treated as a newly opened position. Thus, margin for this position is calculated based on the increased margin requirements and is distributed proportionally between the open transactions that involve the hedged financial instrument.


When does the weekend period of increased margin requirements start and finish?


Margin requirements for the opening of new positions will be calculated on a maximum leverage of 1:200 from Friday at 19:00 GMT (three hours before the forex market closes) to Sunday at 23:00 GMT (one hour after the market opens).


What happens to positions opened during a period of increased margin requirements when the market opens again?


For one hour after the market opens, your positions will remain at the increased margin requirements. One hour after the market opening, the margin on positions opened during the period of increased margin requirements is recalculated based on the amount of funds in your account and the leverage you’ve set.


What are your rules for pending orders, stop loss (SL), and take profit (TP)?


The following rules apply when it comes to setting levels for pending orders:


Pending orders along with SL and TP (for pending orders) must be set at a distance (at least the same as current spread or more) from the current market price. SL and TP in pending orders must be set at least the same distance from the order price as the current spread. For open positions, SL and TP must be set at a distance from the current market price which is at least the same as that of the current spread.


How do you deal with price gaps?


At Exness, we know how it feels when your pending order falls in a price gap, so it’s only fair that we guarantee no slippage for virtually all pending orders that are executed at least 3 hours after trading opens for an instrument. However, if your order meets any of the following criteria, it will be executed at the first market quote that follows the gap:


If your pending order is executed in market conditions that are not normal, such as during a period of low liquidity or high volatility. If your pending order falls in a gap but the difference in pips between the first market quote (after the gap) and the requested price of the order is equal to or exceeds a certain number of pips (gap level value) for a particular instrument.


Gap level regulation applies to specific trading instruments.


Which instruments are included in the extended swap-free list?


Swap-free trading is offered for: AUDNZD, AUDUSD, EURCHF, EURUSD, GBPJPY, GBPUSD, NZDUSD, USDCAD, USDCHF, USDJPY, AUDCHF, AUDJPY, EURAUD, EURCAD, EURGBP, EURJPY, EURNZD, GBPCHF, GBPNZD, NZDJPY, and NZDCAD.


How are swaps calculated for instruments that don’t qualify for swap-free status?


For instruments not included in the extended swap-free list, swaps are charged every day except for weekends. For more information on how swaps are calculated, check out our Help Center article. To help you estimate your swap costs, you can use our handy Exness calculator.


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E​xness (SC) Ltd ​is a Securities Dealer registered in Seychelles with registration number 8423606-1 and authorised by the Financial Services Authority (FSA) with licence number SD025. The registered office of E​xness (SC) Ltd is at 9A CT House, 2nd floor, Providence, Mahe, Seychelles.


Exness B.V. is a Securities Intermediary registered in Curaçao with registration number 148698(0) and authorised by the Central Bank of Curaçao and Sint Maarten (CBCS) with licence number 0003LSI. The registered office of Exness B.V. is at Emancipatie Boulevard Dominico F. “Don” Martina 31, Curaçao.


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