What is Forex?

Forex, also known as foreign exchange, FX or currency trading, is a decentralized global market where the world buys and sells currency. The forex market is the largest, most liquid market in the world with an average daily trading volume exceeding $5 trillion.

Advantages of trading Forex with DCFX PRIME

  • 25+ Currency Pairs – Majors, Minors and Crosses
  • Low spreads, starting from 0.0 pips
  • Leverage up to 50:1
  • Raw spread available

Details

InstrumentVolume per LotPip ValueSwap
(Long/Short)
AUDCAD
Australian Dollar / Canadian Dollar
100000 AUD 10 CAD -5.02/-1.07
AUDCHF
Australian Dollar / Swiss Franc
100000 AUD 10 CHF 0.87/-6.46
AUDJPY
Australian Dollar / Japanese Yen
100000 AUD 1,000 JPY 5.82/-12.49
AUDNZD
Australian Dollar / New Zealand Dollar
100000 AUD 10 NZD -5.34/-0.62
AUDUSD
Australian Dollar / US Dollar
100000 AUD 10 USD -4.81/0.62
CADCHF
Canadian Dollar / Swiss Franc
100000 CAD 10 CHF 2.58/-10.13
CADJPY
Canadian Dollar / Japanese Yen
100000 CAD 1,000 JPY 9.13/-15.32
CHFJPY
Swiss Franc / Japanese Yen
100000 CHF 1,000 JPY 0.83/-8.14
EURAUD
Euro / Australian Dollar
100000 EUR 10 AUD -6.39/-0.96
EURCAD
Euro / Canadian Dollar
100000 EUR 10 CAD -8.86/2.89
EURCHF
Euro / Swiss Franc
100000 EUR 10 CHF 1.44/-7.11
EURGBP
Euro / British Pound
100000 EUR 10 GBP -5.62/0.28
EURJPY
Euro / Japanese Yen
100000 EUR 1,000 JPY 9.41/-15.14
EURNZD
Euro / New Zealand Dollar
100000 EUR 10 NZD -22.01/-7.89
EURUSD
Euro / US Dollar
100000 EUR 10 USD -8.44/3.05
GBPAUD
British Pound / Australian Dollar
100000 GBP 10 AUD -0.63/-6.27
GBPCAD
British Pound / Canadian Dollar
100000 GBP 10 CAD -4.39/-2.12
GBPCHF
British Pound / Swiss Franc
100000 GBP 10 CHF 6.25/-11.74
GBPJPY
British Pound / Japanese Yen
100000 GBP 1,000 JPY 16.63/-22.35
GBPNZD
British Pound / New Zealand Dollar
100000 GBP 10 NZD -10.12/-7.23
GBPUSD
British Pound / US Dollar
100000 GBP 10 USD -6.99/-1.76
NZDCAD
New Zealand Dollar / Canadian Dollar
100000 NZD 10 CAD -3.15/-3.19
NZDCHF
New Zealand Dollar / Swiss Franc
100000 NZD 10 CHF 3.04/-7.78
NZDJPY
New Zealand Dollar / Japanese Yen
100000 NZD 1,000 JPY 7.42/-13.40
NZDUSD
New Zealand Dollar / US Dollar
100000 NZD 10 USD -2.42/-0.80
USDCAD
US Dollar / Canadian Dollar
100000 USD 10 CAD -2.45/-6.02
USDCHF
US Dollar / Swiss Franc
100000 USD 10 CHF 7.85/-11.63
USDCNH
US Dollar / Chinese Yuan
100000 USD 10 CNH -25.17/-241.45
USDJPY
US Dollar / Japanese Yen
100000 USD 1,000 JPY 15.61/-20.94
Trading Session (GMT+3)
InstrumentOpenCloseBreak
AUDCAD MON 00:05 FRI 23:55 --
AUDCHF MON 00:05 FRI 23:55 --
AUDJPY MON 00:05 FRI 23:55 --
AUDNZD MON 00:05 FRI 23:55 --
AUDUSD MON 00:05 FRI 23:55 --
CADCHF MON 00:05 FRI 23:55 --
CADJPY MON 00:05 FRI 23:55 --
CHFJPY MON 00:05 FRI 23:55 --
EURAUD MON 00:05 FRI 23:55 --
EURCAD MON 00:05 FRI 23:55 --
EURCHF MON 00:05 FRI 23:55 --
EURGBP MON 00:05 FRI 23:55 --
EURJPY MON 00:05 FRI 23:55 --
EURNZD MON 00:05 FRI 23:55 --
EURUSD MON 00:05 FRI 23:55 --
GBPAUD MON 00:05 FRI 23:55 --
GBPCAD MON 00:05 FRI 23:55 --
GBPCHF MON 00:05 FRI 23:55 --
GBPJPY MON 00:05 FRI 23:55 --
GBPNZD MON 00:05 FRI 23:55 --
GBPUSD MON 00:05 FRI 23:55 --
NZDCAD MON 00:05 FRI 23:55 --
NZDCHF MON 00:05 FRI 23:55 --
NZDJPY MON 00:05 FRI 23:55 --
NZDUSD MON 00:05 FRI 23:55 --
USDCAD MON 00:05 FRI 23:55 --
USDCHF MON 00:05 FRI 23:55 --
USDCNH MON 00:05 FRI 23:55 --
USDJPY MON 00:05 FRI 23:55 --

Transaction Terms and Conditions

  • Prices quoted are based on live market prices with a bid and offer spread. During hectic and volatile market conditions, spreads between the bid and offer prices can be wider than usual. Slippage prices can happen for stop orders during hectic conditions.
  • The following can happen during a volatile market condition:
    a. Bid or Offer is only one side.
    b. The spread between the Bid and Offer is wider than normal provided by the Liquidity Provider.
    c. News flashes such as economic, political, terrorism and natural disaster can cause big price movement.
  • During hectic and volatile market conditions, trading may be disrupted due to lack of bid/offer prices and slower price updates. The company reserves the right to widen the spread depending on market conditions.
  • Each transaction will be limited by a maximum of 50 lots.

Invalid Quote

If there is a price error (invalid quote) on the system, the company has the right to cancel the transaction that occurs with or without the consent of the customer.

Important

Swaps values may be adjusted daily based on market conditions and rates provided by our Liquidity Provider applicable to all open positions. Triple swaps are applied every Wednesday.
Server Times: Winter: GMT+2 and Summer: GMT+3 (DST) (last Sunday of March and ends last Sunday of October).
During the time period from 23:55 to 00:05 server time increased spreads and decreased liquidity can take place due to daily bank rollover. In case of inadequate liquidity/spreads during bank rollover, widened spreads and excessive slippage may occur. Therefore orders may not be executed during these times. When the equity (position exposure) value is less than or equal to 100% of margin requirement, Margin Call event will occur. When the equity (position exposure) value is less than or equal to 50% of margin requirement, positions with the highest loss will be liquidated without prior notification to clients.

Calculating Forex Margin Requirements

Account Leverage: 50: 1
Account Base Currency: USD
Position: Open 10 lots BUY EURUSD at 1.21745
Size of 1 Lot: 100,000 EUR
Maintenance Margin: 2%
Margin Required is: 1.21745*100000*10*2% = 24,349USD