Wednesday, March 11, 2009

Trading Conditions

Spreads
GFX offers 2 to 3 pip spreads in major currencies. Further information...

Margin Requirements
All currency products can be traded on 0.5% margin (200:1 leverage). Further information...

Overnight charges
Open positions may have overnight charges applied daily at 5pm EST. The exact amount, in dollars per lot, can be viewed from your trading software as follows. Further information...

Commissions and Fees
Zero for all accounts and all products, unless agreed otherwise.

Trading Hours
24 hours for all products beginning Sunday night at 5pm EST and ending Friday afternoon 5pm EST.

Placing Orders
Trading is most efficiently conducted on GFX GlobalTrader software. However, GFX also supports trading by telephone or online chat.

Tick values and lot sizes
Currencies are set at 100,000 units of the base currency per lot. Metals vary by product. Fractional lot trading is also possible (e.g., trade 0.1 lots for a transaction size of 10,000 units). Further information...