FXOpen Review

Advantages:

• Spreads — starting from 0 pips on EUR/USD.

• Bonuses on new accounts.

• Minimum deposit for micro accounts — only $1.

• Trading contests.

• Minimum deposit for standard accounts — only $25.

• PAMM accounts.

• Minimum deposit for ECN/STP accounts — only $1000.

• MetaTrader 4 platform.

• Margin leverage from 1:1 up to 1:500.

• MetaTrader 4 PDA platform.

• Free unlimited demo accounts available.

• MetaTrader 4 Smart Phone platform.

• Technical research and market news available regularly.

• Islamic accounts.

• Experienced and helpful support.

• ECN/STP accounts with Level II software.



FAQ



1) What kind of services does FXOpen provide?

FXOpen is an international business company dealing in over-the-counter Forex contracts. FXOpen gives the clients access to the Forex Markets covering major world currencies, gold and silver.

We offer a unique combination of Retail Forex and Real ECN/STP online currency trading with Level II on the Metatrader 4. We also offer an excellent PAMM service for Investors and Money Managers.



2) Do you provide any recommendations or analysis for the Forex Market?

FXOpen provides real time Economic News, Technical Analyses and an Economic Calendar. Just choose what you want to see from the main menu buttons above.



3) What is FXOpen?

FXOpen has a long history of providing Forex services for all types of traders from beginners to professionals. If you would like to see a brief history of FXOpen as well as our regulatory and licensing information, please visit the About Us page.



4) How can I open a Live Account with FXOpen?

Opening account is simple. Click the "Open a Live Account!" button on the main site, fill in the registration form. Your new Live account will be opened in 5-10 minutes. We strongly recommend that you read and fully understand Customer Agreement, Terms of business and the other documents before you open an account.

Account login (number), trades and investors passwords, PIN code and the server for Meta Trader 4 login will be shown on screen when new account registration has been completed. Please, save them for future reference. The details will also be e-mailed to you.



5)Do I have to provide any documents to FXOpen?

FXOpen needs two documents to verify your account:

A National ID card, Passport, Driving License (or any other valid ID with your name and photo). We accept personal IDs that will be valid through at least 3 months from current date.

A utility bill or a bank statement issued 3 months ago or later, with the address matching the address in your trading account.



You need to scan your documents and upload them through MyFXOpen-->SETTINGS-->Account Verification. Your documents will be checked by the verifications department within 48 hours.

Important! You will not be able to make any cash withdrawals before your account is verified!



6) What level of leverage may I choose for my account?

Leverage available for FXOpen trading accounts is from 1:1 to 1:500 for accounts under 25,000 USD. From 1:1 to 1:200 for accounts under 100,000 USD. And from 1:1 to 1:100 for accounts under 1,000,000 (1 million) USD. You choose any level that suits your money management parameters. You may also change your leverage level at any time by choosing Settings/Personal from the menu in the My FXOpen trader's cabinet. Please note that leverage changes will only occur after all open positions at the time of the leverage change request have been closed



7) What is the minimum amount to open an account?

The minimum required deposits for FXOpen accounts are as follows.

• Micro: $1

• Standard: $25

• ECN/STP: $1000

For lower risk to your account, we recommend that you begin with $3-$5 in Micro, $300-$500 in Standard, or $5000-$10,000 in ECN/STP accounts.



8) How can I deposit money into my account?

At the moment you have 11 options:

• Moneybookers (using your debit/credit card)

• China Union Pay Debit/Credit cards

• Wire transfer from your Bank account

• WebMoney

• CashU

• C-Gold

• Liberty Reserve

• PerfectMoney

• Western Union*

• Local deposits*

• * Contact manager@fxopen.com regarding these options



9) How can I withdraw my money?

Login into the My FXOpen Trader's cabinet and request a withdrawal by any method provided. Withdrawals are processed within 24 hours (1 business day or less).



10) What is the spread? How large is it at FXOpen?

FXOpen's normal dealing spreads are between 2 and 4 pips for the major currency pairs. The Spread is the difference between the BID and the ASK price in the market quotes.

The ASK price is applicable to a BUY order and the BID price is applicable to a SELL order.

For more information please see Trading Terms



11) What is the minimum trading volume (lot size) available?

The minimum trading volume available on each of our account types is as follows:

• Micro : 0.10 lots (100 base currency or approx $0.01 per pip)

• Standard : 0.10 lots (10,000 base currency or approx $1.00 per pip)

• ECN/STP : 0.10 lots (10,000 base currency or approx $0.10 per fractional pip)



12) What are the fees, commissions for trading at FXOpen?

FXOpen offers direct dealing spreads of 2 to 4 pips on the major currency pairs. There is no commission charged on Micro and Standard accounts. There is commission charged for ECN accounts. The round-turn commission for a 1 lot position (100,000) is equal to 5 units of the base currency per round turn (or 3.6 units of the base currency for ECN accounts with Net Deposit higher than USD 50,000). For the pairs with AUD as the base currency, the approximate commission will be 5$, for the pairs with EUR as the base currency, the approximate commission will be 7$, for the pairs with USD as the base currency, the approximate commission will be 7$ for 1 lot (the exact amount of commission may vary depending on the current exchange rate)



Please, note! ECN commission may vary if you open an account through an affiliate, IB or franchise. Please, contact your referring agent for details.

*Swap free (no interest) trading is also available for Islamic Traders in compliance with Sharia Laws



13) Price Quotes

FXOpen clients have the ability to execute trades directly from real time streaming quotes, provided by the largest liquidity providers in the Forex market. Quotes are updated in real time as the market suggests. ECN/STP quotes are driven by available liquidity within the ECN market. ECN/STP account holders may also trade in between the BID/ASK spread and their orders often affect the price and spread quoted.





14) How may I trade over the Internet?

Executing trades via the internet is made easy by FXOpen. Just download and install the Metatrader 4 software and log in to your account.

To open a trade, click the "new order" button in the trading terminal, enter the trading volume desired in the New Order window, then click on the BID (sell) or Offer Executing a deal with FXOpen via the Internet. This is a simple two-step process. Simply enter the number of lots and then click on the BUY or SELL button to open an instant Market Order. Your deal is then automatically executed by the dealing software which will calculate the margin requirement, and if there is sufficient margin funds available in the account, the deal is confirmed online within just a few seconds (instantly on ECN/STP accounts!). The open order then appears in your trading terminal and is updated automatically according to market conditions.



15) Can I set pending orders in the FXOpen trading platform?

Yes you can. The FXOpen MT4 software accepts the following pending order types.

• Limit orders: A BUY Limit Order may be set when the current market price is 10 pips or more above the current market quote. The order is executed when the ASK price falls to the level set in the BUY Limit Order. Conversely, A SELL Limit Order may be set when the current market price is 10 pips or more below the current market quote. The order is executed when the BID price rises to the level set in the SELL Limit Order.

• Stop Orders: A Buy Stop Order may be set when the current market price is 10 pips or more below the current market quote. The order is executed when the ASK price rises to the level set in the BUY Stop Order. Conversely, A SELL Stop Order may be set when the current market price is 10 pips or more above the current market quote. The order is executed when the BID price drops to the level set in the SELL Stop Order.

• Stop Loss Orders: A Stop Loss order is an important feature which can be used to either cut out of a losing trade without risking the entire account and to minimize the loss, or to lock in profit on a profitable trade.

• Take Profit Orders: The Take Profit order is used to automatically exit a trade at a profitable level of your choosing.

• Trailing Stop: the Trailing Stop is a useful and advanced feature of the MT4 platform. It is useful to automatically lock in profits as the market moves.



As a practical example, you have a BUY trade on EUR/USD at 1.4000 open and it is in profit. You may set the Trailing Stop to automatically adjust your stop loss level as the market moves in your favor.



For example, you may have your trailing stop level set at 25 pips. Once your trade is +25 pips in profit, the trailing stop will automatically move your stop loss level to 1.4000 or break even. This means in that trade, it is impossible to lose! 



Further, if the market continues to move in your favor, the trailing stop will continue to adjust the stop loss to lock in profits. If for example the trade is now +26, your stop loss will be set at +1, at +27 your stop loss will be set at +2 thus "trailing" the market.



Why is this useful? Well, in this example, the market moved +27 pips in your favor, and your 25 pip trailing stop had locked in a profit of 2 pips by automatically setting the stop loss order. If the market then reversed against your buy position, you would still be guaranteed a profit of 2 pips instead of a loss.



* Important!: For the trailing stop continue to modify the Stop Loss, the trading platform must be running and connected to the internet. If you turn off your computer, your trailing stop will not continue to work.



16) What is margin and how can I calculate how much I need?

Margin is the amount of money required in your account in order to open a trade. Margin is a simple calculation based on the current market quote of the base currency vs USD, the volume requested, and the leverage level you have selected when opening your account. The dealing software will not allow you to open a position if you do not have sufficient free margin available.

Your free margin is indicated in the MT4 trading terminal.



To calculate the margin requirement required to open a trade, please use the following formula:

(Market Quote * Volume) / Leverage = $Margin required

eg.

You want to open 0.1 (10,000 base currency) lots of EUR/USD at the current market quote of 1.4177 and with a leverage level of 1:200.

(1.4177 * 10,000) / 200 =$70.89

As you can see from this example, you need at least $70.89 free margin at 1:200 leverage to open the trade. This shows you the extent of the leverage offered by FXOpen. If you choose 1:1 leverage (or no leverage) you would need $14,177 free margin instead of $70.89 just to open this trade!



17) Can I get Margin call if I have no free margin?

No. Your free margin can become a negative figure. Your trades will stay open until your available EQUITY level (also indicated in the MT4 terminal) falls to 10% or less of the required margin to open the trades. If you see the previous example in this faq, the trade opened with a margin requirement of $70.89 would not be subject to a margin call unless the account equity falls to $7.09 or less.



18) Deal Confirmations

Deals are confirmed on screen, typically within one second. Full transaction details may be accessed on screen too, including date, time, rate, notional amount bought and sold, USD value, and reference number.



19) Can I see an up to date account statement on screen??

FXOpen dealing software tracks all trading activity in real time, allowing clients to view current open positions, real-time profit and loss, margin availability, account balances, and all historical transaction details directly on-screen. Just select the history tab in the trading terminal



20) How can I generate account statements?

Account statements are emailed to trading clients at the end of each trading day and month, listing all deposits/withdrawals during the statement period, realized P&L, and current account balance as calculated at the close of business on the last business day of the month.

You may also generate your own reports from the trading terminal by selecting the history tab. Then right click the history shown to be able to choose the period of time to see in the report. By right clicking again, you can also choose to save the report to disk in html format convenient for viewing in your web browser.



21) How do I make a profit in Forex?

Example 1. GBP/USD

Let's say your deposit is $3,000 and your leverage is set at 1:500. Through this leverage, your buying power on the market is actually $1,500,000.

From your analysis, you are expecting the US$ to rise against the major currencies. You decide to SELL 0.10 lots ($1 per pip) of the GBP/USD pair at the market price of 1.8000 and since you only want to risk 10% of your account, you set your stop loss order at 1.8300 (300 pips or $300 risk)

12 days later the GBP/USD quote is 1.7540 and you decide to close your SELL position.

Your profit in pips is (1.8000 - 1.7450) 550 pips. Since you chose to trade 0.1 lots volume, and the value per pip is $1. You made a profit of $550 on this trade.

Click here to open bigger screenshot in new window



Example 2. USD/JPY

Let's say your deposit is $2,000 and your leverage is set at 1:200. Through this leverage, your buying power on the market is actually $400,000.

From your analysis, you are expecting the US$ to fall against the major currencies. You decide to SELL 0.20 lots ($2 per pip) of the USD/JPY pair at the market price of 111.10 and since you only want to risk 10% of your account, you set your stop loss order at 112.10 (100 pips or $200 risk)

A week later the USD/JPY quote is 109.15 and you decide to close your SELL position.

Your profit in pips is (111.10-109.15) 195 pips. Since you chose to trade 0.1 lots volume, and the value per pip is $2. You made a profit of $390 on this trade.

Click here to open bigger screenshot in new window



22) How can I open Free Demo account?

To open a Standard Demo account, please, take these steps:

• Download FXOpen MT4 Trading Terminal;

• Start FXOpen MT4 Trading Terminal on your PC;

• Go to menu File/Open an Account, fill in the form and press Next;

• Choose FXOpen-Demo server and press Next.



To open an ECN Demo account, please, take these steps:

• Download FXOpen MT4 ECN Trading Terminal;

• Download and install the market depth monitoring application (Level II) (.NET Framework 3.5 Service pack 1 is required);

• Start FXOpen MT4 ECN Trading Terminal and Market Depth Application on your PC;

• Go to File/Open an Account, fill in the form and press Next;

• Choose FXOpen-ECN Demo server and press Next.

* Please, use your ECN Demo account login (number), the Trader password and choose FXOpen-ECN Demo server to get access to the market depth monitoring software (LEVEL II).

* The account will be deleted only if unused for 30 days, otherwise it is unlimited



23) Are there limited number of transactions that I need to make per month?

You may have up to 100 trades open at the same time. There are no other limits. The limits apply only to MM type accounts. For ECN accounts there are no limitations.



24) How long I can keep my account inactive?

Inactive accounts are placed in the inactive group if no transactions are made for 3 months. There may be a maintenance fee of up to $50 to reactivate an account from archives. You may email a request to finance@fxopen.com or contact us by phone or live chat.



25) Does FXOpen offer bonuses?

Yes. In Standard accounts FXOpen offers a US$25 welcome bonus after the initial deposit of US$100 or more.

In Micro accounts FXOpen offers a US$1 welcome bonus after the initial deposit of US$1 or more.

Please, note that welcome bonuses are not paid if the initial funding is done via an internal transfer from another FXOpen account. To get the welcome bonus, account must be funded via one of the payment system listed on the Deposit/Withdrawal page.

For the latest information, please see Our Promotions.



26) How can I get $100 bonus from FXOpen?

FXOpen offers you a bonus of $100 after making 10.00 lots accumulated trading volume on your Standard Account



Example: you open BUY EUR/USD 0.5 lot, than SELL GBP/USD 1.5 lot, than BUY USD/CAD 0.8 lot... 0.5 lots + 1.5 lots + 0.8 lots = 2.8 lots and so on until you accumlate 10 lots volume.



* This is a 1 time offer



Important!* Bonuses are paid to Clients at FXOpen’s sole discretion. The Company has the right to refuse to pay a bonus with or without prior notice.



27) How fair is the Forex market?

Forex is said to be "the fairest market on earth" by some because of its sheer size, and number of participants. No one player, not even the central bank of a particular country can completely control the market direction.



28) Where is the central location of the Forex Market?

The Forex market is not controlled by a centralized exchange as is with stock and futures markets. The Forex market is an Over the Counter (OTC) market as transactions are made via the internet from many different locations 24 hours a day, 5 days a week.



29) Who are the participants in the Forex Market?

The Forex market is called an 'Interbank' market due to the fact that historically it has been dominated by banks, including central banks, commercial banks, and investment banks. However, the percentage of other market participants is rapidly growing due to the popularity and availability afforded by internet trading, and now includes large multinational corporations, global money managers, registered dealers, international money brokers, futures and options traders, and private speculators.



30) When is the Forex market open for trading?

A true 24-hour market, Forex trading begins each day in Sydney, and moves around the globe as the business day begins in each financial center, first to Tokyo, then London, and New York. Unlike any other financial market, investors can respond to currency fluctuations caused by economic, social and political events at the time they occur - day or night. The market is open 24/5.



31) What are the most commonly traded currencies in the Forex markets?

The most often traded or 'liquid' currencies are those of countries with stable governments, respected central banks, and low inflation. Today, over 85% of all daily transactions involve trading of the major currencies, which include the US Dollar, Japanese Yen, Euro, British Pound, Swiss Franc, Canadian Dollar and the Australian Dollar.









32) What is Margin?

Margin is essentially collateral for a position. If the market moves against a customer's position, additional funds will be requested through a "margin call." If there are insufficient available funds, immediately the customer's open positions will be closed out.



33) What does it mean have a 'long' or 'short' position?

If you're buying some currency, you're opening a 'long' position, if selling - 'short'. For example, if you buy 1 lot of EUR/USD, it means you open long position for 100,000 of EUR against USD. And of you sell 10 lots of USD/CAD that means you open short position for 1 mln of USD versus CAD.



34) What affects the prices of currencies?

Currency prices (exchange rates) are affected by a variety of economic and political conditions, most importantly interest rates, inflation and political stability. Moreover, governments sometimes participate in the Forex market to influence the value of their currencies, either by flooding the market with their domestic currency in an attempt to lower price, or conversely buying in order to raise the price. This is known as Central Bank intervention. Any of these factors, as well as large market orders, can cause high volatility in currency prices. However, the size and volume of the Forex market makes it impossible for any one entity to "drive" the market for any length of time.



35) How do I manage risk when I trade currencies?

The most common risk management tools in Forex trading are the limit order and the stop loss order. A limit order places restriction on the maximum price to be paid or the minimum price to be received. A stop loss order sets a particular position to be automatically liquidated at a predetermined price in order to limit potential losses should the market move against an investor's position. The liquidity of the Forex market ensures that limit order and stop loss orders can be easily executed.*



36) What kind of trading strategy should I use?

Currency traders make decisions using both technical factors and economic fundamentals. Technical traders use charts, trend lines, support and resistance levels, and numerous patterns and mathematical analysis to identify trading opportunities, whereas fundamentalists predict price movements by interpreting a wide variety of economic information, including news, government-issued indicators and reports, and even rumor. The most dramatic price movements however, occur when unexpected events happen. The event can range from a Central Bank raising domestic interest rates to the outcome of a political election or even an act of war. Nonetheless, more often it is the expectation of an event that drives the market rather than the event itself.



37) How long are positions maintained?

As a general rule, a position is kept open until one of the following occurs:

• realization of sufficient profits from a position;

• the specified stop-loss is triggered;

• another position that has a better profit potential appears and you need these funds.



38) How much profit can actually be made?

Naturally results can and do vary among individuals and no guarantees can be made as to profitability. Some markets for instance the Japanese Yen have been known to move 400 pips in one day. If you calculate that 1
pip is equal to approximately $7.8 per lot and you entered the market favoring that move, even if you only got in halfway through that move, you would have made quite a substantial profit. But, and this is a big “but”- You need to be aware that the risks of Forex trading can be substantial, that results do vary from person to person, and that the knowledge and experience that each one has is different.



39) I am interested in Forex trading, but would like some additional information. Any suggestions?

In order to gain a practical understanding of foreign exchange trading, there is no better way than to open a forex demo account, where you can experience what its like to trade the forex market without risking any capital + take a good Forex educational course.





















Trading Forex with FXOpen. Account types :



FXOpen is now one of the largest Forex brokers in the world enjoying unprecedented client base growth due to innovative, unique services, reliable trading conditions and strong customer support principles.



FXOpen offers different types of accounts for traders with different trading styles, objectives, starting capital, experience and skills.



1. FXOpen Micro (Cent) accounts – the type of account with minimal initial deposit, margin to open a trade and transaction size. With just a few US dollars, newbie traders can try Forex trading without the risk of large principal loss. Micro accounts are also great for experienced traders who’d like to try new strategies.

• Trading Platform = MetaTrader 4

• Account Currency = USD

• Financial Instruments = 28 currency pairs, gold, silver. See the full list of instruments.

• Pricing Format = 4th decimal pricing (0.1234)

• Spreads = ** Fixed. From 2 to 4 pips on the major currency pairs. See the list of spreads

for all pairs.

• Commissions = No commissions to open/close a trade.

• Open Positions Rollover = Click here to learn how to check SWAPS.

To check the history of SWAP charges, click here.

• Islamic Accounts = SWAP-free accounts for Muslims

• Minimum Deposit = USD 1

• Welcome Bonus = USD 1 after a deposit of USD 1 or more. For details,

please see Our Promotions

• Maximum Balance = USD 3,000

• Minimum Transaction Size = 0.1 Micro lot (100 units of the base currency) with approx.

1 US Cent per 1 pip.

• Maximum Transaction Size = 1000 Micro lots

• Open Trades Max. = Up to 100 trades open at the same time.

• Leverage = From 1:1 to 1:500 for Micro accounts under USD 3,000.

When the account reaches a balance of US$3000 or more, the leverage will be reduced 100x (for example from 1:500 to 1:5). After you withdraw from your account (or close some losing positions) and the balance is less than US$3000, you can adjust the leverage back to the level of your choice via My FXOpen area.

• Margin Call = At Margin Level of 20%

• Stop Out = Losing trades are closed automatically at Margin Level of less than 10%

• Expert Advisors = -

• Scalping = With limitations. (1) Stop Loss, Take Profit and Pending Orders 10 pips or

more away from the current price; 2) Most of the trades must be open for more than 1 minute;)

• Hedging 

• News Trading = With limitations. Placing, modifying or deleting pending Buy Stop and Sell Stop

orders (including opposite Stop orders) is not permitted during the Freeze Time immediately before a news release.

• Phone Dealing 

• Demo Accounts 



* The balance for Micro accounts in the Meta Trader is indicated in US Cents.

** Our spreads may be increased with news or other high/low volume conditions.



2. Standard Accounts. Retail (Market-Maker) Forex Accounts for experienced traders. Enjoy reliable trading conditions with a low starting deposit and attractive bonus system.

• Trading Platform = MetaTrader 4

• Account Currency = USD

• Financial Instruments = 28 currency pairs, gold, silver. See the full list of instruments.

• Pricing Format = 4th decimal pricing (0.1234)

• Spreads = ** Fixed. From 2 to 4 pips on the major currency pairs. See the list of spreads

for all pairs.

• Commissions = No commissions to open/close a trade.

• Open Positions Rollover = Click here to learn how to check SWAPS. To check the history of SWAP

charges, click here.

• Islamic Accounts = SWAP-free accounts for Muslim traders

• Minimum Deposit = USD 25

• Welcome Bonus = USD 25 welcome bonus (after the initial deposit of USD 100); USD 100 bonus

after 10 lots of accumulated trading volume. For details, please, see Our Promotions

• Maximum Balance = Not limited

• Minimum Transaction Size = 0.1 lot (10,000 units of the base currency) with an incremental lot of 0.01. 1

pip = approx. 1 USD. Margin Calculator

• Maximum Transaction Size = 1000 lots

• Open Trades Max. = Up to 100 trades open at the same time.

• Leverage = 1:1 - 1:500 for accounts up to USD 25,000;

1:1 - 1:200 for accounts from USD 25,000 up to USD 100,000;

1:1 – 1:100 for accounts from USD 100,000 up to USD 1,000,000;

Negotiable for accounts over USD 1,000,000. You can adjust the leverage to the level of your choice via My FXOpen area.

• Margin Call = At Margin Level of 20%

• Stop Out = Losing trades are closed automatically at Margin Level of less than 10

• Expert Advisors = - 

• Scalping = With limitations. (1) Stop Loss, Take Profit and Pending Orders 10 pips or

more away from the current price; 2) Most of the trades must be open for more than 1 minute;)

• Hedging = -

• News Trading = With limitations. Placing, modifying or deleting pending Buy Stop and Sell Stop

orders (including opposite Stop orders) is not permitted during Freeze Time immediately before a news release.



* Our spreads may be increased with news or other high/ low volume conditions.



Spread on Standar Acc:



Symbol Description Spread Size of 1 lot Margin Margin

1:100 1:200

AUDNZD Australian Dollar vs New Zealand Dollar 20 AUD 100000 1% 0.5%

EURGBP Euro vs Great Britain Pound 3 EUR 100000 1% 0.5%

USDCAD US Dollar vs Canadian Dollar 4 USD 100000 1% 0.5%

GBPUSD Great Britain Pound vs US Dollar 3 GBP 100000 1% 0.5%

GBPAUD Great Britain Pound vs Australian Dollar 10 GBP 100000 1% 0.5%

AUDJPY Australian Dollar vs Japanese Yen 6 AUD 100000 1% 0.5%

USDCHF US Dollar vs Swiss Franc 3 USD 100000 1% 0.5%

AUDCAD Australian Dollar vs Canadian Dollar 10 AUD 100000 1% 0.5%

AUDCHF Australian Dollar vs Swiss Franc 10 AUD 100000 1% 0.5%

EURJPY Euro vs Japanese Yen 3 EUR 100000 1% 0.5%

GBPNZD Great Britain Pound vs New Zealand Dollar 35 GBP 100000 1% 0.5%

GOLD GOLD Spot 100 troy oz 100 1% 1%

NZDJPY New Zealand Dollar vs Japanese Yen 10 NZD 100000 1% 0.5%

NZDCHF New Zealand Dollar vs Swiss Franc 10 NZD 100000 1% 0.5%

GBPCAD Great Britain Pound vs Canadian Dollar 10 GBP 100000 1% 0.5%

EURNZD Euro vs New Zealand Dollar 12 EUR 100000 1% 0.5%

NZDCAD New Zealand Dollar vs Canadian Dollar 10 NZD 100000 1% 0.5%

AUDUSD Australian Dollar vs US Dollar 3 AUD 100000 1% 0.5%

EURAUD Euro vs Australian Dollar 10 EUR 100000 1% 0.5%

NZDUSD New Zealand Dollar vs US Dollar 5 NZD 100000 1% 0.5%

EURCHF Euro vs Swiss Franc 3 EUR 100000 1% 0.5%

CHFJPY Swiss Franc vs Japanese Yen 4 CHF 100000 1% 0.5%

EURUSD Euro vs US Dollar 2 EUR 100000 1% 0.5%

SILVER SILVER Spot 4 troy oz 5000 1% 1%

USDJPY US Dollar vs Japanese Yen 2 USD 100000 1% 0.5%

CADCHF Canadian Dollar vs Swiss Franc 8 CAD 100000 1% 0.5%

Symbol Description Spread Size of 1 lot Margin Margin



GBPCHF Great Britain Pound vs Swiss Franc 7 GBP 100000 1% 0.5%

CADJPY Canadian Dollar vs Japanese Yen 6 CAD 100000 1% 0.5%

GBPJPY Great Britain Pound vs Japanese Yen 7 GBP 100000 1% 0.5%

EURCAD Euro vs Canadian Dollar 12 EUR 100000 1% 0.5%



*Our spreads could be increased with news or other high / low volume conditions.

**Please, note! Margin requirement for Gold and Silver is always 1% (equal to 1:100 leverage), no matter which leverage is selected in MyFXOpen personal area.