Foreign exchange trading, or simply forex, is the world’s largest financial market with over $5 trillion in daily trading.
Due to the fact that forex currency trading has no centralised marketplace, currencies can be traded in whatever market is open at any given time, creating a great opportunity for traders to buy and sell currencies around the clock 24 hours a day, 5 days a week with the exception of weekends. Investors include banks, large institutions and individual traders from all around the globe. IMC Trades offers you the ability to trade forex through our bespoke and multi-award winning forex trading platforms. We offer the tightest spreads in the market, starting from 0 pips.
*Zero Fixed Spreads on majors will be increased during Midnight session to 3pips.
CFD on Forex Contract Specifications & Leverage Levels details
The company, for risk management purposes, reserves the right to change the client’s account leverage based on trading activity or to reflect prevailing market conditions. A possible reduction in leverage may cause liquidation of some or all of the client’s positions.
Zero margin requirements for opening a hedged position provided free margin is positive (Margin Level > 100%);
The trading hours starting daily from 00:00 to 24:00 server time Monday through Friday.
The server time is GMT + 2 (GMT + 3 is applied during summer time).
Leverage on RUB,CNH,TRY,BRL BRL & MXN crosses will be set to Maximum 1:100.
Leverage on CHF,DKK and CZK crosses will be set to Maximum 1:200.
Trading hours for specific exotic pairs: USDRUB, EURRUB: 10:00- 18:00 USDCNH, EURCNH: 03:00 -24:00, USDBRL 13:00 - 22:00.