Raw interbank pricing
Quotes are aggregated from tier-1 bank and non-bank liquidity, streamed without a dealing-desk markup on the spread.
Forex
Trade forex with pricing you can audit.
The largest market in the world, quoted continuously from the Sydney open to the New York close. Trade majors from 0.0 pips, with the same pricing through the London fix and the New York session that you get at 3am.
- Instruments
- 9
- Spread from
- 0
- Session
- 24/5
- Max leverage
- Up to 1:100
Why forex
Majors, minors and exotics on tier-1 bank liquidity.
No widening mandate
Spreads are not administratively widened around scheduled releases. If liquidity thins, the book shows it — and nothing else does.
Deep session coverage
Continuous pricing across the Asian, European and US sessions, with the overlap hours carrying the tightest books of the day.
Market drivers
What actually moves forex
Four forces explain most of the variance. Everything else is noise around them.
- 01Central bank policy decisions and the rate path priced into forward curves
- 02Inflation, employment and GDP releases from the two economies in the pair
- 03Risk sentiment, which reliably bids the dollar, yen and franc in a drawdown
- 04Cross-border flow around month-end and the 4pm London fix
See specifications
Every forex instrument we quote
Spreads are typical values on a Pro account during the most liquid session for the instrument. Margin is derived directly from the leverage cap.
| Symbol | Instrument | Spread from | Tick size | Price precision | Max leverage | Margin | Hours |
|---|---|---|---|---|---|---|---|
| EUR/USD | Euro / US Dollar | 0.0pips | 0.0001 | 5 dp | 1:100 | 1% | 24/5 |
| GBP/USD | Pound / US Dollar | 0.1pips | 0.0001 | 5 dp | 1:100 | 1% | 24/5 |
| USD/JPY | US Dollar / Yen | 0.1pips | 0.01 | 3 dp | 1:100 | 1% | 24/5 |
| AUD/USD | Aussie / US Dollar | 0.2pips | 0.0001 | 5 dp | 1:100 | 1% | 24/5 |
| USD/CHF | US Dollar / Swiss Franc | 0.2pips | 0.0001 | 5 dp | 1:100 | 1% | 24/5 |
| USD/CAD | US Dollar / Canadian Dollar | 0.3pips | 0.0001 | 5 dp | 1:100 | 1% | 24/5 |
| NZD/USD | Kiwi / US Dollar | 0.4pips | 0.0001 | 5 dp | 1:100 | 1% | 24/5 |
| EUR/GBP | Euro / Pound | 0.3pips | 0.0001 | 5 dp | 1:100 | 1% | 24/5 |
| GBP/JPY | Pound / Yen | 0.6pips | 0.01 | 3 dp | 1:100 | 1% | 24/5 |
Before the ticket
Size a forex position
The calculator opens on this market. Change the instrument, lot size and stop to see margin, pip value and the exact loss at your stop.
Position calculator
Margin · pip value · risk
100,000.00 units of base currency
lots
1:10
Fixed for Forex.
$
@ 1.08370
pips
@ 1.09120
pips
Reference price
1.08620
- Notional value
- $108,620
- Margin required
- $10,862.00
- Free margin after
- -$862.00
- Pip value
- $10.00 / pips
- Spread cost
- $0.00
Loss at stop
−$250.00
2.50% of balance
Profit at target
+$500.00
2.00:1 reward-to-risk
Risk vs 2% reference
AboveThis position needs more margin than the account holds. Reduce the lot size or increase the balance.
Figures are indicative and use a reference price rather than a live quote. Actual margin and spread are applied by the platform at execution.
Getting started
From signup to first ticket in one session
Four steps, none of which depend on us calling you back. The slowest part is usually the bank.
Step 1 of 4
Register
Create the account with an email address and a phone number. You reach the client area immediately and can explore the platforms on a demo balance while verification runs.
- No deposit required to open the account
- Demo balance available from the first login
- One login for every platform and every market
Also on your account
Metals — Gold, silver, platinum and palladium against the deepest spot venues.
MARKET FOCUS 01
Forex
Track currency strength and trade major, minor and exotic pairs from one watchlist.
Leverage: Up to 1:100
Spreads shown are typical values on a Pro account during the London and New York overlap. See the full spec sheet.