Forex

Forex, short for foreign exchange market, is by definition the operation of purchase of a currency by selling another one. It is also commonly abbreviated as FX. Before the advancement of internet technologies, only banks, corporations and other large financial institutions were players on the foreign exchange market, but in recent years everyone with a smart device has the opportunity to enter the FX market.

Why Trade Currencies?

The currency market has the largest daily turnover in the world – in 2015 the volume of the traded currencies amounts to $4.8 trillion

The operation is characterized by tight spreads and lightning fast execution

The fluctuation of the market price on the FX market provide a lot of opportunities for trading and profit

With the understanding that Forex is the most common form of online trading, we at ECNpremium have developed more than 60 tradable currency pairs that you may select on your customizable MT5 platform.

The major currency pairs listed below are the most liquid pairs to trade. Among these are US Dollar pairs, for example EUR/USD and USD/JPY.

The minor currency pairs listed below do not include USD pairs and are known as crosses. Examples - EUR/GBP, EUR/JPY, etc.

Among our offers we have some more exotic currency pairs, for example USD/NOK. These tradable pairs consist of a major currency and currency of a developing economy.

Essentially, when trading on FX, your purchase is the spread between the two currencies.

One of the main characteristics of the FX market is its low volatility. This is due to the fact that usually most currencies have small daily volatility, which for world currencies is in the range of a less than one percentage point per trading day.

ECNpremium is proud to offer to its clients a “fast reliable trading” – completely automated transactions to ensure that each trade is effectively executed, and the settlement is almost instant.

This complete automation ensures that there are no re-quotes or rejections (except in cases where there are pre-set lower and upper bounds as a measure for protection against volatility).

And finally – there are no designated dealing desks and no software interventions are allowed aiming pushing trades to the broker’s favour.

Here are all the currency pairs offered by ECNpremium:

FOREX
MAJOR
Instrument
Minimum Spread
Min. Margin Requirement
Stopout Level
Minimum Trade Size
Contract per lot
Tick Value (1 lot)
Decimal Places
Trading Hours (GMT+2)
EUR/USD
0,00000
0.3%
30%
0.01
100,000
1 USD
0.00001
00:02-24:00
GBP/USD
0,00003
0.3%
30%
0.01
100,000
1 USD
0.00001
00:02-24:00
USD/JPY
0,003
0.3%
30%
0.01
100,000
100 JPY
0.001
00:02-24:00
USD/CAD
0,00004
0.3%
30%
0.01
100,000
1 CAD
0.00001
00:02-24:00
USD/CHF
0,00002
0.3%
30%
0.01
100,000
1 CHF
0.00001
00:02-24:00
AUD/USD
0,00002
0.3%
30%
0.01
100,000
1 USD
0.00001
00:02-24:00
NZD/USD
0,00004
0.3%
30%
0.01
100,000
1 USD
0.00001
00:02-24:00
CROSS
Instrument
Minimum Spread
Min. Margin Requirement
Stopout Level
Minimum Trade Size
Contract per lot
Tick Value (1 lot)
Decimal Places
Trading Hours (GMT+2)
AUD/CAD
0,00012
0.3%
30%
0.01
100,000
1 CAD
0.00001
00:02-24:00
AUD/CHF
0,00007
0.3%
30%
0.01
100,000
1 CHF
0.00001
00:02-24:00
AUD/JPY
0,005
0.3%
30%
0.01
100,000
100 JPY
0.001
00:02-24:00
AUD/NZD
0,00005
0.3%
30%
0.01
100,000
1 NZD
0.00001
00:02-24:00
CAD/CHF
0,00008
0.3%
30%
0.01
100,000
1 CHF
0.00001
00:02-24:00
CAD/JPY
0,008
0.3%
30%
0.01
100,000
100 JPY
0.001
00:02-24:00
CHF/JPY
0,008
0.3%
30%
0.01
100,000
100 JPY
0.001
00:02-24:00
EUR/AUD
0,00010
0.3%
30%
0.01
100,000
1 AUD
0.00001
00:02-24:00
EUR/CAD
0,00009
0.3%
30%
0.01
100,000
1 CAD
0.00001
00:02-24:00
EUR/CHF
0,00003
0.3%
30%
0.01
100,000
1 CHF
0.00001
00:02-24:00
EUR/GBP
0,00002
0.3%
30%
0.01
100,000
1 GBP
0.00001
00:02-24:00
EUR/JPY
0,003
0.3%
30%
0.01
100,000
100 JPY
0.001
00:02-24:00
EUR/NZD
0,00022
0.3%
30%
0.01
100,000
1 NZD
0.00001
00:02-24:00
GBP/AUD
0,00022
0.3%
30%
0.01
100,000
1 AUD
0.00001
00:02-24:00
GBP/CAD
0,00024
0.3%
30%
0.01
100,000
1 CAD
0.00001
00:02-24:00
GBP/CHF
0,00018
0.3%
30%
0.01
100,000
1 CHF
0.00001
00:02-24:00
GBP/JPY
0,008
0.3%
30%
0.01
100,000
100 JPY
0.001
00:02-24:00
GBP/NZD
0,00035
0.3%
30%
0.01
100,000
1 NZD
0.00001
00:02-24:00
NZD/CAD
0,00015
0.3%
30%
0.01
100,000
1 CAD
0.00001
00:02-24:00
NZD/CHF
0,00010
0.3%
30%
0.01
100,000
1 CHF
0.00001
00:02-24:00
NZD/JPY
0,006
0.3%
30%
0.01
100,000
100 JPY
0.001
00:02-24:00
EXOTIC
Instrument
Minimum Spread
Margin Requirement
Stopout Level
Minimum Trade Size
Contract per lot
Tick Value (1 lot)
Decimal Places
Trading Hours (GMT)
EUR/SGD
0,00032
0.3%
30%
0.01
100,000
1 SGD
0.00001
00:02-24:00
EUR/CZK
0,0020
0.3%
30%
0.01
100,000
10 CZK
0.0001
00:02-24:00
EUR/DKK
0,00030
0.3%
30%
0.01
100,000
1 DKK
0.00001
00:02-24:00
EUR/HKD
0,00050
0.3%
30%
0.01
100,000
1 HKD
0.00001
00:02-24:00
EUR/HUF
0.150
0.3%
30%
0.01
100,000
100 HUF
0.001
00:02-24:00
EUR/NOK
0,00160
0.3%
30%
0.01
100,000
1 NOK
0.00001
00:02-24:00
EUR/PLN
0,00100
0.3%
30%
0.01
100,000
1 PLN
0.00001
00:02-24:00
EUR/RUB
0,0800
0.3%
30%
0.01
100,000
10 RUB
0.0001
10:00-18:00
EUR/SEK
0,00110
0.3%
30%
0.01
100,000
1 SEK
0.00001
00:02-24:00
EUR/TRY
0,00100
0.3%
30%
0.01
100,000
1 TRY
0.00001
00:02-24:00
EUR/ZAR
0,02300
0.3%
30%
0.01
100,000
1 ZAR
0.00001
00:02-24:00
GBP/CZK
0,0700
0.3%
30%
0.01
100,000
10 CZK
0.0001
00:02-24:00
GBP/DKK
0,00150
0.3%
30%
0.01
100,000
1 DKK
0.00001
00:02-24:00
GBP/HKD
0,00100
0.3%
30%
0.01
100,000
1 HKD
0.00001
00:02-24:00
GBP/HUF
0.180
0.3%
30%
0.01
100,000
100 HUF
0.001
00:02-24:00
GBP/NOK
0,00400
0.3%
30%
0.01
100,000
1 NOK
0.00001
00:02-24:00
GBP/PLN
0,00150
0.3%
30%
0.01
100,000
1 PLN
0.00001
00:02-24:00
GBP/SEK
0,00300
0.3%
30%
0.01
100,000
1 SEK
0.00001
00:02-24:00
GBP/SGD
0,00030
0.3%
30%
0.01
100,000
1 SGD
0.00001
00:02-24:00
GBP/TRY
0,00120
0.3%
30%
0.01
100,000
1 TRY
0.00001
00:02-24:00
GBP/ZAR
0,02600
0.3%
30%
0.01
100,000
1 ZAR
0.00001
00:02-24:00
NOK/SEK
0,00040
0.3%
30%
0.01
100,000
1 SEK
0.00001
00:02-24:00
NZD/SGD
0,00020
0.3%
30%
0.01
100,000
1 SGD
0.00001
00:02-24:00
USD/CZK
0,0040
0.3%
30%
0.01
100,000
10 CZK
0.0001
00:02-24:00
USD/DKK
0,00030
0.3%
30%
0.01
100,000
1 DKK
0.00001
00:02-24:00
USD/HKD
0,00030
0.3%
30%
0.01
100,000
1 HKD
0.00001
00:02-24:00
USD/HUF
0.100
0.3%
30%
0.01
100,000
100 HUF
0.001
00:02-24:00
USD/ILS
0,00110
0.3%
30%
0.01
100,000
1 ILS
0.00001
09:00-18:00
USD/MXN
0,00300
0.3%
30%
0.01
100,000
1 MXN
0.00001
00:02-24:00
USD/NOK
0,00170
0.3%
30%
0.01
100,000
1 NOK
0.00001
00:02-24:00
USD/PLN
0,00090
0.3%
30%
0.01
100,000
1 PLN
0.00001
00:02-24:00
USD/RUB
0,0300
0.3%
30%
0.01
100,000
1 RUB
0.0001
10:00-18:00
USD/SEK
0,00140
0.3%
30%
0.01
100,000
1 SEK
0.00001
00:02-24:00
USD/SGD
0,00012
0.3%
30%
0.01
100,000
1 SGD
0.00001
00:02-24:00
USD/TRY
0,00020
0.3%
30%
0.01
100,000
1 TRY
0.00001
00:02-24:00
USD/ZAR
0.01800
0.3%
30%
0.01
100,000
1 ZAR
0.00001
00:02-24:00
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