Foreign exchange trading, or simply forex, is the world’s largest financial market with over $5 trillion in daily trading.
Due to the fact that forex currency trading has no centralised marketplace, currencies can be traded in whatever market is open at any given time, creating a great opportunity for traders to buy and sell currencies around the clock 24 hours a day, 5 days a week with the exception of weekends. Investors include banks, large institutions and individual traders from all around the globe. FXCoin offers you the ability to trade forex through our bespoke and multi-award winning forex trading platforms. We offer the tightest spreads in the market, starting from 0 pips.
Zero margin requirements for opening a hedged position provided free margin is positive (Margin Level > 100%);
The trading hours starting daily from 00:00 to 24:00 server time Monday through Friday. The server time is GMT + 2 (GMT + 3 is applied during summer time).
From Friday to Monday swap is charged once. From Wednesday to Thursday swap is charged in triple size.
Leverage on RUB, BRL,CNH crosses and EURCZK will be 1/10 of the account leverage. Max Leverage can be 1:50 when account leverage is 1:500.
Leverage on CHF, DKK and CZK crosses will be 1/3 of the account leverage. Max Leverage can be 1:166.67 when account leverage is 1:500.
The Company reserves the right to amend the swap values of a specific client in case of any suspect of a trading abuse.
Trading hours for specific exotic pairs:
USDRUB, EURRUB: 10:00 - 18:00 USDCNH, EURCNH: 03:00 - 24:00, USDBRL 14:05 - 22:00.