Contract Specifications

Contract Specifications

See our minimum spreads, pip values, swap fees and other conditions.

We aim higher than just resetting the standards within the forex industry - we also deliver the highest levels of transparency to all our clients. The statistics below show exactly why we're so proud of our trading conditions, which include some of the best spreads in the business.

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    Please note that to get the Live information you can check the contract specifications in MetaTrader's. Check out this article for more information.

    Trading in all instruments opens at 00:15 EET on Monday and closes at 23:55 EET on Friday. Trading within this timeframe depends on the relevant Contract Specifications conditions.

    Swap

    Trading

    Swap ShortSwap LongStart TradingClose Trading

    AUDUSD Specifications

    Typical Spreads, pips0.5Margin GroupFX Majors
    Contract Size per Lot100000Swap Free (Daily Fee), USD per lot-5
    Minimum Lot Size, lots0.01Swap Free Days Allowance7
    Price Minimum Increment, pips0.00001Hedge Margin, %50
    Contract Size Minimum Increment, lotsN/ATrading Recess23:55:00 - 00:15:00
    Typical Spreads, pips2.1Margin GroupFX Majors
    Contract Size per Lot100000Swap Free (Daily Fee), USD per lot-5
    Minimum Lot Size, lots0.01Swap Free Days Allowance7
    Price Minimum Increment, pips0.00001Hedge Margin, %50
    Contract Size Minimum Increment, lotsN/ATrading Recess23:55:00 - 00:15:00

    EURUSD Specifications

    Typical Spreads, pips0.1Margin GroupFX Majors
    Contract Size per Lot100000Swap Free (Daily Fee), USD per lot-10
    Minimum Lot Size, lots0.01Swap Free Days Allowance7
    Price Minimum Increment, pips0.00001Hedge Margin, %50
    Contract Size Minimum Increment, lotsN/ATrading Recess23:55:00 - 00:15:00
    Typical Spreads, pips2.1Margin GroupFX Majors
    Contract Size per Lot100000Swap Free (Daily Fee), USD per lot-10
    Minimum Lot Size, lots0.01Swap Free Days Allowance7
    Price Minimum Increment, pips0.00001Hedge Margin, %50
    Contract Size Minimum Increment, lotsN/ATrading Recess23:55:00 - 00:15:00

    GBPUSD Specifications

    Typical Spreads, pips2Margin GroupFX Majors
    Contract Size per Lot100000Swap Free (Daily Fee), USD per lot-5
    Minimum Lot Size, lots0.01Swap Free Days Allowance7
    Price Minimum Increment, pips0.00001Hedge Margin, %50
    Contract Size Minimum Increment, lotsN/ATrading Recess23:55:00 - 00:15:00
    Typical Spreads, pips2.5Margin GroupFX Majors
    Contract Size per Lot100000Swap Free (Daily Fee), USD per lot-5
    Minimum Lot Size, lots0.01Swap Free Days Allowance7
    Price Minimum Increment, pips0.00001Hedge Margin, %50
    Contract Size Minimum Increment, lotsN/ATrading Recess23:55:00 - 00:15:00

    NZDUSD Specifications

    Typical Spreads, pips4Margin GroupFX Majors
    Contract Size per Lot100000Swap Free (Daily Fee), USD per lot-1.5
    Minimum Lot Size, lots0.01Swap Free Days Allowance7
    Price Minimum Increment, pips0.00001Hedge Margin, %50
    Contract Size Minimum Increment, lotsN/ATrading Recess23:55:00 - 00:15:00
    Typical Spreads, pips15Margin GroupFX Majors
    Contract Size per Lot100000Swap Free (Daily Fee), USD per lot-1.5
    Minimum Lot Size, lots0.01Swap Free Days Allowance7
    Price Minimum Increment, pips0.00001Hedge Margin, %50
    Contract Size Minimum Increment, lotsN/ATrading Recess23:55:00 - 00:15:00

    USDCAD Specifications

    Typical Spreads, pips0.6Margin GroupFX Majors
    Contract Size per Lot100000Swap Free (Daily Fee), USD per lot-5
    Minimum Lot Size, lots0.01Swap Free Days Allowance7
    Price Minimum Increment, pips0.00001Hedge Margin, %50
    Contract Size Minimum Increment, lotsN/ATrading Recess23:55:00 - 00:15:00
    Typical Spreads, pips2.8Margin GroupFX Majors
    Contract Size per Lot100000Swap Free (Daily Fee), USD per lot-5
    Minimum Lot Size, lots0.01Swap Free Days Allowance7
    Price Minimum Increment, pips0.00001Hedge Margin, %50
    Contract Size Minimum Increment, lotsN/ATrading Recess23:55:00 - 00:15:00

    USDCHF Specifications

    Typical Spreads, pips0.5Margin GroupFX Majors
    Contract Size per Lot100000Swap Free (Daily Fee), USD per lot-10
    Minimum Lot Size, lots0.01Swap Free Days Allowance7
    Price Minimum Increment, pips0.00001Hedge Margin, %50
    Contract Size Minimum Increment, lotsN/ATrading Recess23:55:00 - 00:15:00
    Typical Spreads, pips2.7Margin GroupFX Majors
    Contract Size per Lot100000Swap Free (Daily Fee), USD per lot-10
    Minimum Lot Size, lots0.01Swap Free Days Allowance7
    Price Minimum Increment, pips0.00001Hedge Margin, %50
    Contract Size Minimum Increment, lotsN/ATrading Recess23:55:00 - 00:15:00

    USDJPY Specifications

    Typical Spreads, pips0.6Margin GroupFX Majors
    Contract Size per Lot100000Swap Free (Daily Fee), USD per lot-20
    Minimum Lot Size, lots0.01Swap Free Days Allowance7
    Price Minimum Increment, pips0.001Hedge Margin, %50
    Contract Size Minimum Increment, lotsN/ATrading Recess23:55:00 - 00:15:00
    Typical Spreads, pips2.5Margin GroupFX Majors
    Contract Size per Lot100000Swap Free (Daily Fee), USD per lot-20
    Minimum Lot Size, lots0.01Swap Free Days Allowance7
    Price Minimum Increment, pips0.001Hedge Margin, %50
    Contract Size Minimum Increment, lotsN/ATrading Recess23:55:00 - 00:15:00

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    AUDUSD Specifications

    Min. Spreads
    0
    Pip value / 0.01 Lot
    0.1
    Swap Short
    0.77
    Swap Long
    -3.59
    Start Trading
    00:15:00
    Close Trading
    23:55:00

    Min. Spreads
    0
    Typical Spreads, pips
    0.5
    Contract Size per Lot
    100000
    Minimum Lot Size, lots
    0.01
    Price Minimum Increment, pips
    0.00001
    Contract Size Minimum Increment, lots
    N/A
    Pip value / 0.01 Lot
    0.1
    Hedge Margin, %
    50
    Swap Short
    0.77
    Swap Long
    -3.59
    Start Trading
    00:15:00
    Close Trading
    23:55:00
    Margin Group
    FX Majors
    Swap Free (Daily Fee), USD per lot
    -5
    Swap Free Days Allowance
    7
    Trading Recess
    23:55:00 - 00:15:00

    Min. Spreads
    1.5
    Typical Spreads, pips
    2.1
    Contract Size per Lot
    100000
    Minimum Lot Size, lots
    0.01
    Price Minimum Increment, pips
    0.00001
    Contract Size Minimum Increment, lots
    N/A
    Pip value / 0.01 Lot
    0.1
    Hedge Margin, %
    50
    Swap Short
    0.77
    Swap Long
    -3.59
    Start Trading
    00:15:00
    Close Trading
    23:55:00
    Margin Group
    FX Majors
    Swap Free (Daily Fee), USD per lot
    -5
    Swap Free Days Allowance
    7
    Trading Recess
    23:55:00 - 00:15:00

    EURUSD Specifications

    Min. Spreads
    0
    Pip value / 0.01 Lot
    0.1
    Swap Short
    2.49
    Swap Long
    -6.51
    Start Trading
    00:15:00
    Close Trading
    23:55:00

    Min. Spreads
    0
    Typical Spreads, pips
    0.1
    Contract Size per Lot
    100000
    Minimum Lot Size, lots
    0.01
    Price Minimum Increment, pips
    0.00001
    Contract Size Minimum Increment, lots
    N/A
    Pip value / 0.01 Lot
    0.1
    Hedge Margin, %
    50
    Swap Short
    2.49
    Swap Long
    -6.51
    Start Trading
    00:15:00
    Close Trading
    23:55:00
    Margin Group
    FX Majors
    Swap Free (Daily Fee), USD per lot
    -10
    Swap Free Days Allowance
    7
    Trading Recess
    23:55:00 - 00:15:00

    Min. Spreads
    1.5
    Typical Spreads, pips
    2.1
    Contract Size per Lot
    100000
    Minimum Lot Size, lots
    0.01
    Price Minimum Increment, pips
    0.00001
    Contract Size Minimum Increment, lots
    N/A
    Pip value / 0.01 Lot
    0.1
    Hedge Margin, %
    50
    Swap Short
    2.49
    Swap Long
    -6.51
    Start Trading
    00:15:00
    Close Trading
    23:55:00
    Margin Group
    FX Majors
    Swap Free (Daily Fee), USD per lot
    -10
    Swap Free Days Allowance
    7
    Trading Recess
    23:55:00 - 00:15:00

    GBPUSD Specifications

    Min. Spreads
    0
    Pip value / 0.01 Lot
    0.1
    Swap Short
    -1.51
    Swap Long
    -3.38
    Start Trading
    00:15:00
    Close Trading
    23:55:00

    Min. Spreads
    0
    Typical Spreads, pips
    2
    Contract Size per Lot
    100000
    Minimum Lot Size, lots
    0.01
    Price Minimum Increment, pips
    0.00001
    Contract Size Minimum Increment, lots
    N/A
    Pip value / 0.01 Lot
    0.1
    Hedge Margin, %
    50
    Swap Short
    -1.51
    Swap Long
    -3.38
    Start Trading
    00:15:00
    Close Trading
    23:55:00
    Margin Group
    FX Majors
    Swap Free (Daily Fee), USD per lot
    -5
    Swap Free Days Allowance
    7
    Trading Recess
    23:55:00 - 00:15:00

    Min. Spreads
    1.5
    Typical Spreads, pips
    2.5
    Contract Size per Lot
    100000
    Minimum Lot Size, lots
    0.01
    Price Minimum Increment, pips
    0.00001
    Contract Size Minimum Increment, lots
    N/A
    Pip value / 0.01 Lot
    0.1
    Hedge Margin, %
    50
    Swap Short
    -1.51
    Swap Long
    -3.38
    Start Trading
    00:15:00
    Close Trading
    23:55:00
    Margin Group
    FX Majors
    Swap Free (Daily Fee), USD per lot
    -5
    Swap Free Days Allowance
    7
    Trading Recess
    23:55:00 - 00:15:00

    NZDUSD Specifications

    Min. Spreads
    0.1
    Pip value / 0.01 Lot
    0.1
    Swap Short
    -1.29
    Swap Long
    -1.6
    Start Trading
    00:15:00
    Close Trading
    23:55:00

    Min. Spreads
    0.1
    Typical Spreads, pips
    4
    Contract Size per Lot
    100000
    Minimum Lot Size, lots
    0.01
    Price Minimum Increment, pips
    0.00001
    Contract Size Minimum Increment, lots
    N/A
    Pip value / 0.01 Lot
    0.1
    Hedge Margin, %
    50
    Swap Short
    -1.29
    Swap Long
    -1.6
    Start Trading
    00:15:00
    Close Trading
    23:55:00
    Margin Group
    FX Majors
    Swap Free (Daily Fee), USD per lot
    -1.5
    Swap Free Days Allowance
    7
    Trading Recess
    23:55:00 - 00:15:00

    Min. Spreads
    12
    Typical Spreads, pips
    15
    Contract Size per Lot
    100000
    Minimum Lot Size, lots
    0.01
    Price Minimum Increment, pips
    0.00001
    Contract Size Minimum Increment, lots
    N/A
    Pip value / 0.01 Lot
    0.1
    Hedge Margin, %
    50
    Swap Short
    -1.29
    Swap Long
    -1.6
    Start Trading
    00:15:00
    Close Trading
    23:55:00
    Margin Group
    FX Majors
    Swap Free (Daily Fee), USD per lot
    -1.5
    Swap Free Days Allowance
    7
    Trading Recess
    23:55:00 - 00:15:00

    USDCAD Specifications

    Min. Spreads
    0
    Pip value / 0.01 Lot
    0.1
    Swap Short
    -4.7
    Swap Long
    -0.38
    Start Trading
    00:15:00
    Close Trading
    23:55:00

    Min. Spreads
    0
    Typical Spreads, pips
    0.6
    Contract Size per Lot
    100000
    Minimum Lot Size, lots
    0.01
    Price Minimum Increment, pips
    0.00001
    Contract Size Minimum Increment, lots
    N/A
    Pip value / 0.01 Lot
    0.1
    Hedge Margin, %
    50
    Swap Short
    -4.7
    Swap Long
    -0.38
    Start Trading
    00:15:00
    Close Trading
    23:55:00
    Margin Group
    FX Majors
    Swap Free (Daily Fee), USD per lot
    -5
    Swap Free Days Allowance
    7
    Trading Recess
    23:55:00 - 00:15:00

    Min. Spreads
    1.8
    Typical Spreads, pips
    2.8
    Contract Size per Lot
    100000
    Minimum Lot Size, lots
    0.01
    Price Minimum Increment, pips
    0.00001
    Contract Size Minimum Increment, lots
    N/A
    Pip value / 0.01 Lot
    0.1
    Hedge Margin, %
    50
    Swap Short
    -4.7
    Swap Long
    -0.38
    Start Trading
    00:15:00
    Close Trading
    23:55:00
    Margin Group
    FX Majors
    Swap Free (Daily Fee), USD per lot
    -5
    Swap Free Days Allowance
    7
    Trading Recess
    23:55:00 - 00:15:00

    USDCHF Specifications

    Min. Spreads
    0
    Pip value / 0.01 Lot
    0.1
    Swap Short
    -41.38
    Swap Long
    19.52
    Start Trading
    00:15:00
    Close Trading
    23:55:00

    Min. Spreads
    0
    Typical Spreads, pips
    0.5
    Contract Size per Lot
    100000
    Minimum Lot Size, lots
    0.01
    Price Minimum Increment, pips
    0.00001
    Contract Size Minimum Increment, lots
    N/A
    Pip value / 0.01 Lot
    0.1
    Hedge Margin, %
    50
    Swap Short
    -41.38
    Swap Long
    19.52
    Start Trading
    00:15:00
    Close Trading
    23:55:00
    Margin Group
    FX Majors
    Swap Free (Daily Fee), USD per lot
    -10
    Swap Free Days Allowance
    7
    Trading Recess
    23:55:00 - 00:15:00

    Min. Spreads
    1.9
    Typical Spreads, pips
    2.7
    Contract Size per Lot
    100000
    Minimum Lot Size, lots
    0.01
    Price Minimum Increment, pips
    0.00001
    Contract Size Minimum Increment, lots
    N/A
    Pip value / 0.01 Lot
    0.1
    Hedge Margin, %
    50
    Swap Short
    -41.38
    Swap Long
    19.52
    Start Trading
    00:15:00
    Close Trading
    23:55:00
    Margin Group
    FX Majors
    Swap Free (Daily Fee), USD per lot
    -10
    Swap Free Days Allowance
    7
    Trading Recess
    23:55:00 - 00:15:00

    USDJPY Specifications

    Min. Spreads
    0
    Pip value / 0.01 Lot
    10
    Swap Short
    -30.31
    Swap Long
    3.21
    Start Trading
    00:15:00
    Close Trading
    23:55:00

    Min. Spreads
    0
    Typical Spreads, pips
    0.6
    Contract Size per Lot
    100000
    Minimum Lot Size, lots
    0.01
    Price Minimum Increment, pips
    0.001
    Contract Size Minimum Increment, lots
    N/A
    Pip value / 0.01 Lot
    10
    Hedge Margin, %
    50
    Swap Short
    -30.31
    Swap Long
    3.21
    Start Trading
    00:15:00
    Close Trading
    23:55:00
    Margin Group
    FX Majors
    Swap Free (Daily Fee), USD per lot
    -20
    Swap Free Days Allowance
    7
    Trading Recess
    23:55:00 - 00:15:00

    Min. Spreads
    1.4
    Typical Spreads, pips
    2.5
    Contract Size per Lot
    100000
    Minimum Lot Size, lots
    0.01
    Price Minimum Increment, pips
    0.001
    Contract Size Minimum Increment, lots
    N/A
    Pip value / 0.01 Lot
    10
    Hedge Margin, %
    50
    Swap Short
    -30.31
    Swap Long
    3.21
    Start Trading
    00:15:00
    Close Trading
    23:55:00
    Margin Group
    FX Majors
    Swap Free (Daily Fee), USD per lot
    -20
    Swap Free Days Allowance
    7
    Trading Recess
    23:55:00 - 00:15:00

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    Trade the world's markets

    Take a deeper dive into the markets we offer and get in on the trading action today.

    FREQUENTLY ASKED QUESTIONS

    Markets (sometimes referred to as financial instruments, assets or products), including currencies, stocks, indices and precious metals such as gold. The types of marketplaces that you can invest in include the FX market, the stock exchange and commodities market, among others. There's no limit to the number of markets you can trade, meaning that you have the opportunity to trade hundreds of assets. The choice is yours.

    While the forex market is open 24 hours a day, 5 days a week, this doesn't apply to all financial markets. Specific markets will have different trading sessions.

    Make sure you're aware each of market's Start and Close time so you can prepare to react as and when you need to. This is also a good way to start planning your trading strategies, as you'll get in the habit of keeping each Start and Close time in mind.

    A 'ticker' is a symbol used to identify a particular company or asset on a publicly traded market. Tickers are usually simple abbreviations and pretty easy to distinguish. A good example is the GBPUSD, which refers to the Great British Pound - US Dollar currency pair. You'll soon get familiar with tickers and learn to identify the assets you're watching in the blink of an eye.

    A swap refers to the interest that you earn or pay for a trade that you keep open overnight. There are two types. Swap short for keeping short positions open overnight, and Swap long for keeping long positions open overnight. The interest you pay will vary depending on what you're trading.

    Just to pop back to basics - a spread is the difference between the ask price (which is the price that a trader is willing to buy a currency pair for) and the bid price (which is the price that a trader is willing to sell a currency pair at). You might have heard it referred to as the 'cost of trading'. When we talk about 'minimum spreads', we're talking about the lowest possible amount that trade could cost.

    A 'point in price', more commonly known as a 'pip', is the measure of change in a currency pair. This can also stand for a 'percentage in point' and 'price interest point'. It's a standardized unit used to show the change in value between a currency pair. Pip value just refers to that change in value.

    Financial instruments are traded in lots. Lots represent the amount of the asset that you are buying or selling. There are three most common types of lots - the standard, the mini and the micro. Lot sizes just means how much of a product you're trading.