Forex trading usually converts one currency into another in the OTC market (over-the-field market) at the exchange rate of the agreement. The forex market is a world with a very high level of trading activity, with an average daily trading volume of more than $5 trillion trillion. In essence, Forex trading refers to the act of buying and selling a currency at the same time for the purpose of speculation. The rise (appreciation) and decline (devaluation) of the monetary value are the result of the interaction of a series of factors. Unlike most financial markets, the OTC forex market has no specific location or central exchange and can be traded 24 hours a day through a global network of businesses, banks and individuals. Forex markets are a highly liquid market in the world, which means that forex market spreads tend to tighten for most of the day, while traders have some security knowledge and are able to execute positions and directives at any time. Governments, central banks, financial institutions, businesses and professional retail investors have an average daily turnover of $5 trillion trillion, and foreign exchange is a large financial market on a global scale. The New York Stock Exchange, by contrast, traded about $50 billion a day.

Forex Contract specifications Margin Min lot Max lot Trading hours
(GMT+2)
EUR/USD 100000EUR 0.2% 0.01lot 20lot Monday – Friday: 00:05 – 23:50
GBP/USD 100000GBP 0.2% 0.01lot 20lot Monday – Friday: 00:05 – 23:50
AUD/USD 100000AUD 0.2% 0.01lot 20lot Monday – Friday: 00:05 – 23:50
NZD/USD 100000NZD 0.2% 0.01lot 20lot Monday – Friday: 00:05 – 23:50
USD/JPY 100000USD 0.2% 0.01lot 20lot Monday – Friday: 00:05 – 23:50
USD/CAD 100000USD 0.2% 0.01lot 20lot Monday – Friday: 00:05 – 23:50
USD/CHF 100000USD 0.2% 0.01lot 20lot Monday – Friday: 00:05 – 23:50
EUR/GBP 100000EUR 0.2% 0.01lot 20lot Monday – Friday: 00:05 – 23:50
AUD/CAD 100000AUD 0.2% 0.01lot 20lot Monday – Friday: 00:05 – 23:50
AUD/CHF 100000AUD 0.2% 0.01lot 20lot Monday – Friday: 00:05 – 23:50
AUD/JPY 100000AUD 0.2% 0.01lot 20lot Monday – Friday: 00:05 – 23:50
AUD/NZD 100000AUD 0.2% 0.01lot 20lot Monday – Friday: 00:05 – 23:50
AUD/SGD 100000AUD 0.2% 0.01lot 20lot Monday – Friday: 00:05 – 23:50
CAD/CHF 100000CAD 0.2% 0.01lot 20lot Monday – Friday: 00:05 – 23:50
CAD/JPY 100000CAD 0.2% 0.01lot 20lot Monday – Friday: 00:05 – 23:50
CHF/JPY 100000CHF 0.2% 0.01lot 20lot Monday – Friday: 00:05 – 23:50
CHF/SGD 100000CHF 0.2% 0.01lot 20lot Monday – Friday: 00:05 – 23:50
EUR/AUD 100000EUR 0.2% 0.01lot 20lot Monday – Friday: 00:05 – 23:50
EUR/CAD 100000EUR 0.2% 0.01lot 20lot Monday – Friday: 00:05 – 23:50
EUR/CHF 100000EUR 0.2% 0.01lot 20lot Monday – Friday: 00:05 – 23:50
EUR/JPY 100000EUR 0.2% 0.01lot 20lot Monday – Friday: 00:05 – 23:50
EUR/NOK 100000EUR 0.2% 0.01lot 20lot Monday – Friday: 00:05 – 23:50
EUR/NZD 100000EUR 0.2% 0.01lot 20lot Monday – Friday: 00:05 – 23:50
EUR/PLN 100000EUR 0.2% 0.01lot 20lot Monday – Friday: 00:05 – 23:50
EUR/SEK 100000EUR 0.2% 0.01lot 20lot Monday – Friday: 00:05 – 23:50
EUR/GBP 100000EUR 0.2% 0.01lot 20lot Monday – Friday: 00:05 – 23:50
EUR/TRY 100000EUR 0.2% 0.01lot 20lot Monday – Friday: 00:05 – 23:50
GBP/AUD 100000GBP 0.2% 0.01lot 20lot Monday – Friday: 00:05 – 23:50
GBP/CAD 100000GBP 0.2% 0.01lot 20lot Monday – Friday: 00:05 – 23:50
GBP/CHF 100000GBP 0.2% 0.01lot 20lot Monday – Friday: 00:05 – 23:50
GBP/JPY 100000GBP 0.2% 0.01lot 20lot Monday – Friday: 00:05 – 23:50
GBP/NZD 100000GBP 0.2% 0.01lot 20lot Monday – Friday: 00:05 – 23:50
GBP/SGD 100000GBP 0.2% 0.01lot 20lot Monday – Friday: 00:05 – 23:50
NOK/SEK 100000NOK 0.2% 0.01lot 20lot Monday – Friday: 00:05 – 23:50
NZD/CAD 100000NZD 0.2% 0.01lot 20lot Monday – Friday: 00:05 – 23:50
NZD/CHF 100000NZD 0.2% 0.01lot 20lot Monday – Friday: 00:05 – 23:50
NZD/JPY 100000NZD 0.2% 0.01lot 20lot Monday – Friday: 00:05 – 23:50
SEK/JPY 100000SEK 0.2% 0.01lot 20lot Monday – Friday: 00:05 – 23:50
SGD/JPY 100000SGD 0.2% 0.01lot 20lot Monday – Friday: 00:05 – 23:50
USD/CNH 100000USD 0.2% 0.01lot 20lot Monday – Friday: 00:05 – 23:50
USD/HKD 100000USD 0.2% 0.01lot 20lot Monday – Friday: 00:05 – 23:50
USD/NOK 100000USD 0.2% 0.01lot 20lot Monday – Friday: 00:05 – 23:50
USD/PLN 100000USD 0.2% 0.01lot 20lot Monday – Friday: 00:05 – 23:50
USD/SEK 100000USD 0.2% 0.01lot 20lot Monday – Friday: 00:05 – 23:50
USD/SGD 100000USD 0.2% 0.01lot 20lot Monday – Friday: 00:05 – 23:50
USD/TRY 100000USD 0.2% 0.01lot 20lot Monday – Friday: 00:05 – 23:50
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