FOREX (FX)

The currency market is the largest and most active financial market, with an equivalent of over 4 trillion US Dollars traded every day. This is significantly larger than any other major financial market. As a result of high liquidity and the market’s unique decentralized characteristics, there are always price fluctuations in the Forex market. As a result of these price movements, there are always opportunities to make significant profits, even when other markets remain stagnant.

Trading in the currency market consists of two currencies (a cross or currency pair), in which one currency is bought (long) and the other is sold (short).

Forex – Trading Conditions

With ECM trading platform, the quotes of the currency pairs are in 5-digit decimal pricing. Our fifth digit allows us to be more precise in our execution, and gives us the opportunity to offer the very best possible spreads.

With prices measured in 1/10th of a pip the view of the foreign exchange market and its direction is easily attainable in comparison to four digit pricing where figures are ‘rounded up’ or ‘rounded down’ where necessary.

Why trade FOREX with ECM?

ECM offers elite services to Forex traders with diverse levels of knowledge and experience. These services include:

Meta Trader 4 trading platform that has built-in analysis charts, advanced trading orders, and expert advisor compatibility

High Leverage 500x

Dealing Fixed Spread from 3 pip for EURUSD

Over 30 available currency pairs and precious metals like Gold and Silver

Hedging allowed – hold simultaneous long and short positions in the same account

Small deal sizes with as little as 0.01 standard lot (Standard & Privileged Accounts) and 0.01 mini lot (Mini Accounts)

24 hour client email support, available 5.5 days a week

5th decimal place pricing

Competitive Bid/Ask pip spreads

INSTRUMENT NAME SYMBOLS DIGITS MARGIN (5%)  TRADING HOURS – GMT +2
Euro vs United
States Dollar
EURUSD 5 2 Monday – Friday ( 00:00 – 24:00 )
United States Dollar vs Japanese Yen USDJPY 3 2 Monday – Friday ( 00:00 – 24:00 )
British Pound vs United States Dollar GBPUSD 5 2 Monday – Friday ( 00:00 – 24:00 )
Australian Dollar vs United States
Dollarr
AUDUSD 5 2 Monday – Friday ( 00:00 – 24:00 )
United States Dollar vs Swiss Franc USDCHF 5 2 Monday – Friday ( 00:00 – 24:00 )
New Zaeland vs United States Dollar NZDUSD 5 2 Monday – Friday ( 00:00 – 24:00 )
United States Dollar vs Canadian
Dollar
USDCAD 5 2 Monday – Friday ( 00:00 – 24:00 )
Australian
Dollar vs Canadian Dollar
AUDCAD 5 2 Monday – Friday ( 00:00 – 24:00 )
Australian Dollar vs Swiss Franc AUDCHF 5 2 Monday – Friday ( 00:00 – 24:00 )
Australian Dollar vs New Zaeland
Dollar
AUDNZD 5 2 Monday – Friday ( 00:00 – 24:00 )
Euro vs Australian Dollar EURAUD 5 2 Monday – Friday ( 00:00 – 24:00 )
Euro vs Swiss Franc EURCHF 5 2 Monday – Friday ( 00:00 – 24:00 )
Euro vs British Pound EURGBP 5 2 Monday – Friday ( 00:00 – 24:00 )
British Pound vs Australian Dollar GBPAUD 5 2 Monday – Friday ( 00:00 – 24:00 )
British Pound vs Swiss Franc GBPCHF 5 2 Monday – Friday ( 00:00 – 24:00 )
Australian Dollar vs Japanese Yen AUDJPY 3 2 Monday – Friday ( 00:00 – 24:00 )
Canadian Dollar vs Swiss Franc CADCHF 5 2 Monday – Friday ( 00:00 – 24:00 )
Canadian Dollar vs Japanese Yen CADJPY 3 2 Monday – Friday ( 00:00 – 24:00 )
Swiss Franc vs Japanese Yen CHFJPY 3 2 Monday – Friday ( 00:00 – 24:00 )
Euro vs Canadian Dollar EURCAD 5 2 Monday – Friday ( 00:00 – 24:00 )
Euro vs Japanese Yen EURJPY 3 1 Monday – Friday ( 00:00 – 24:00 )
Euro vs New Zaeland Dollar EURNZD 5 2 Monday – Friday ( 00:00 – 24:00 )
British Pound vs Canadian Dollar GBPCAD 5 2 Monday – Friday ( 00:00 – 24:00 )
British Pound vs Japanese Yen GBPJPY 3 2 Monday – Friday ( 00:00 – 24:00 )
British Pound vs New Zaeland Dollar GBPNZD 5 2 Monday – Friday ( 00:00 – 24:00 )
New Zaeland Dollar vs Canadian Dollar NZDCAD 5 2 Monday – Friday ( 00:00 – 24:00 )
New Zaeland Dollar vs Swiss Franc NZDCHF 5 2 Monday – Friday ( 00:00 – 24:00 )
New Zealand Dollar vs Japanese Yen NZDJPY 3 2 Monday – Friday ( 00:00 – 24:00 )
Euro vs Polish Zloty EURPLN 5 1 Monday – Friday ( 00:00 – 24:00 )
Euro vs Turkish Lira EURTRY 5 10 Monday – Friday ( 00:00 – 24:00 )
United States Dollar vs Singapore
Dollar
USDSGD 5 5 Monday – Friday ( 00:00 – 24:00 )
United States Dollar vs Chinese Yuan USDCNH 5 10 Monday – Friday ( 00:00 – 24:00 )
United States Dollar vs Czech Republic
Koruna
USDCZK 4 1 Monday – Friday ( 00:00 – 24:00 )
United States Dollar vs Hong Kong
Dollar
USDHKD 5 10 Monday – Friday ( 00:00 – 24:00 )
United States
Dollar vs Hungarian Forint
USDHUF 3 1 Monday – Friday ( 00:00 – 24:00 )
United States Dollar vs Mexican Peso USDMXN 5 10 Monday – Friday ( 00:00 – 24:00 )
United States Dollar vs Norwegioan Krone USDNOK 5 5 Monday – Friday ( 00:00 – 24:00 )
United States Dollar vs Polish Zloty USDPLN 5 1 Monday – Friday ( 00:00 – 24:00 )
United States Dollar vs Russian Ruble USDRUB 4 1 Monday – Friday ( 00:00 – 24:00 )
United States Dollar vs Swedish Krona USDSEK 5 5 Monday – Friday ( 00:00 – 24:00 )
United States Dollar vs Turkish Lira USDTRY 5 10 Monday – Friday ( 00:00 – 24:00 )
United States Dollar vs South African
Rand
USDZAR 5 10 Monday – Friday ( 00:00 – 24:00 )