Forex Advantages with Axiom Traders
Most Liquid Market in the World
Re-Quotes Tight Spreads
50+ Currency pairs
Round the Clock Support 5 Days
Fee No hidden cost
Forex Currencies - Metals - Specifications and Spreads
Leverage for EURDKK, EURHKD, GBPDKK, USDDKK, USDHKD, USDCNH, EURRUB and USDRUB is set to 1:50 for all accounts.
Margin required for positions on all CHF pairs is 4 times the margin set as per account leverage.
The average spreads shown here are calculated throughout the day. They tend to be narrower under normal market conditions. However, spreads may widen following important news announcements, during political uncertainty, unexpected events leading to volatile market conditions or at the close of the business day and on weekends when liquidity is lower. When you trade with us Trading Point is your counter-party. Your trades are matched and any next exposure above predefined thresholds is hedged with our partner banks (our liquidity providers) at the current market spread. However, during volatile and illiquid market conditions our liquidity providers quote larger than normal spreads. At such times Trading Point is forced to pass on some of the spread increases to its clients.
If you leave an open position for the next trading day, you pay or you obtain the certain amount, calculated on the basis of interest rates difference of two currencies in currency pair. This operation is called "swap." In the trading terminal, "swap" is automatically converted into the deposit currency. The operation is conducted at 00.00 (GMT+2 time zone, please note DST may apply) and can take several minutes. From Wednesday to Thursday swap is charged for three days.
Minimum level for placing Stop Loss and Take Profit orders from a current market price.
USDRUB and EURRUB are not available for trading. The instruments are available for close only purpose.