Trading Conditions
FXM Financial Group specializes in trading currencies and precious metals.
We offer our customers an opportunity to carry out trade operations with currency pairs.
Our modern trade platform FXM Trading Station allows customers to carry out transactions in real time mode without the necessity to request a quotation. That makes it possible for the customers to carry out operations much faster and with more efficiency.
24-hour trade for our customers from 11 p.m. of Sunday until 10 p.m. on Friday GMT.
The minimum amount to open a FXM REAL-ACCOUNT is 100.00 USD.
Lot size:
0.01 = 1,000 in base currency
0.10 = 10,000 in base currency
1.00 = 100,000 in base currency
Our trading conditions and contract details are given in the tables below.
| Item Name |
Symbol |
Spread |
Swaps
Short |
Swaps
Long |
| Euro vs US Dollar |
EURUSD |
2 |
+0.09 |
-0.14 |
| Euro vs British Pound |
EURGBP |
2 |
+0.23 |
-0.39 |
| US Dollar vs Japanese Yen |
USDJPY |
3 |
-1.34 |
+1.05 |
| British Pound vs US Dollar |
GBPUSD |
3 |
-0.87 |
+0.53 |
| US Dollar vs Swiss Franc |
USDCHF |
3 |
-0.90 |
+0.63 |
| Australian Dollar vs US Dollar |
AUDUSD |
4 |
-0.64 |
+0.34 |
| US Dollar vs Canadian dollar |
USDCAD |
4 |
-0.12 |
+0.05 |
| New Zealand Dollar vs US Dollar |
NZDUSD |
9 |
-0.99 |
+0.77 |
| Euro vs Japanese Yen |
EURJPY |
4 |
-1.85 |
+1.41 |
| Euro vs Swiss Franc |
EURCHF |
3 |
-1.11 |
+0.82 |
| Euro vs Canadian Dollar |
EURCAD |
8 |
+0.14 |
-0.52 |
| Euro vs Australian Dollar |
EURAUD |
8 |
+0.90 |
-1.22 |
| British Pound vs Japanese Yen |
GBPJPY |
8 |
-3.70 |
+2.74 |
| British Pound vs Swiss Franc |
GBPCHF |
8 |
-2.73 |
+1.88 |
| British Pound vs Canadian Dollar |
GBPCAD |
8 |
-0.99 |
+0.66 |
| British Pound vs Australian Dollar |
GBPAUD |
9 |
+0.17 |
-0.84 |
| Swiss Franc vs Japanese Yen |
CHFJPY |
4 |
-0.52 |
+0.32 |
| Australian Dollar vs Canadian dollar |
AUDCAD |
9 |
-0.74 |
+0.37 |
| Australian Dollar vs Japanese Yen |
AUDJPY |
6 |
-1.88 |
+1.31 |
| Australian Dollar vs New Zealand Dollar |
AUDNZD |
11 |
+0.39 |
-0.88 |
| Australian Dollar vs Swiss Franc |
AUDCHF |
10 |
-1.46 |
+0.94 |
| Canadian Dollar vs Japanese Yen |
CADJPY |
6 |
-1.27 |
+0.93 |
| Canadian Dollar vs Swiss Franc |
CADCHF |
10 |
-0.78 |
+0.54 |
| New Zealand Dollar vs Swiss Franc |
NZDCHF |
10 |
-1.78 |
+1.37 |
| New Zealand Dollar vs Japanese Yen |
NZDJPY |
8 |
-2.16 |
+1.67 |
| Euro vs New Zealand Dollar |
EURNZD |
14 |
1.96 |
-2.56 |
| New Zealand Dollar vs Canadian Dollar |
NZDCAD |
10 |
-1.10 |
+0.81 |
| British Pound vs New Zealand Dollar |
GBPNZD |
19 |
+1.63 |
-2.46 |
NO SCALPING
Scalping is an aggressive speculation directed to a big number of opening and closing orders in a short period of time and a short range. The quantitative definition of scalping at FXM Broker Group S. A. is the following: As scalping can be seen that an Order is open for less than two minutes. This rule is valid for both kinds of orders, instant execution orders and pending orders. This regulation is valid first of all for targeted scalping strategies.
The customer should accept the existing risk and should be thought about the present restriction.
The final decision is made by the legal department of the broker.
The customer will always be notified in the case of scalping.
Risk Warning
High Risk Investment
Margined Currency Trading is one of the riskiest forms of investment available in the
financial markets and is only suitable for sophisticated individuals and
institutions. An account with FXM Financial Group permits you to
trade foreign currencies on a highly leveraged basis (up to approximately 50
times your account equity). In a standard account an initial deposit of $1,000
will enable the account holder to take a maximum position of $100,000 market
value. (Please note that the minimum required to open an account is $2,500 for
a standard account and $250 for a mini a $100 for a mikro).
The funds in an account trading at maximum leverage can be completely lost, if the
position(s) held in the account has a one percent swing in value.
Theoretically, an account could lose more than the equity it contains, if the
account is trading at maximum leverage and positions held in the account swing
more than one percent in value. Given the possibility of losing one's entire
investment, speculation in the foreign exchange market should only be
conducted with risk capital funds that if lost will not significantly effect
one's personal or institution's financial well beings.
Market Opinions - FXM TRADE
Any opinions expressed by representatives of FXM Financial Group as to
the future direction of prices of specific currencies are purely opinions, do
not necessarily represent the opinion of Interbank FX, and are not guaranteed
in any way. In no event shall FXM Financial Group have any liability
for any losses incurred in connection with any decision made, action or
inaction taken by any party in reliance upon the information provided verbally
or via the Internet, or any delays, inaccuracies, errors in, or omissions of
information.
Internet Trading Risks
In addition, there are risks associated with utilizing an Internet-based deal
execution trading system including, but not limited to, the failure of
hardware, software, and Internet connection. Since FXM Financial Group does
not control signal power, its reception or routing via Internet, configuration
of your equipment or reliability of its connection, we cannot be responsible
for communication failures, distortions or delays when trading via the
Internet. FXM Financial Group employs back up systems and contingency
plans to minimize the possibility of system failure, and trading via telephone
is always available
Doing transactions with the use of leverage can have a considerable effect on
the status of the trading account, both in your favour, as well as
against you. Please remember that any professional trader risks only the
money the loss of which will not lead to financial collapse. That allows
the trader to make sensible and cool-headed decisions. Make sure that
you are fully aware of the degree of risk and you are ready to bear full
responsibility for the transactions carried out.
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