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Forex Trading
What is Forex? The foreign exchange (also known as FX or forex) market is where currencies are traded, it is a global marketplace for exchanging national currencies against one another. The forex market is the largest financial market in the world. Compared to the $34.52 billion per day volume of the New York Stock Exchange the forex market trading volume is more US$6.6 trillion per day; More than 85% of foreign exchange transactions are concentrated in major currency pairs, including Euro, US Dollar, Japanese Yen, British Pound, Swiss Franc, Australian Dollar and Canadian Dollar. London is the largest and most important forex trading session with more than 38% of volume that determine volatility.
RANGE OF FOREX AT ACForex
| Markets | Margin Level | Contract Size | Min. Trade Size | Spread from | Trading Hours(GMT+3) |
|---|---|---|---|---|---|
| EURUSD | Up to 1:500 | 100 000 EUR | 0.01 | 0.0 | 24 Hours |
| USDJPY | Up to 1:500 | 100 000 USD | 0.01 | 0.0 | 24 Hours |
| EURJPY | Up to 1:500 | 100 000 EUR | 0.01 | 0.1 | 24 Hours |
| GBPUSD | Up to 1:500 | 100 000 GBP | 0.01 | 0.2 | 24 Hours |
| EURGBP | Up to 1:500 | 100 000 EUR | 0.01 | 0.2 | 24 Hours |
Open an account with us in 3 Easy Steps
Choose an account type and submit your application
Multiple ways to deposit funds
Trading using the AC Forex Trader platform and gain instant access to over 180 tradable assets
0
Spreads as low as 0
30
Leverage up to 1:30
$0
Zero deposit fee
180
Over 180 trading products
Contract specifications for Forex:
Contract type: Spot
Contract size: 100,000 base currency
Leverage: From 1:20 to 1:30
Margin requirement: Based on leverage
Minimum deal size : 0.01 lot
Trading hour: Monday to Friday 00:00-24:00(GMT+0)