products forex

Forex

At Anzo Capital, we offer competitive spreads with access to major currencies and an optimised system for quality executions.

Trade the world’s largest market

Forex trading allows you to buy and sell currencies, 24 hours a day, 5 days a week.

Why trade Forex?

  • You can find opportunities in both rising and falling markets.
  • Access the largest and most liquid market with a daily turnover of $5.3 trillion.
  • Leverage* provides traders the ability to hold larger positions for a fraction of the value required.

* Leverage can significantly increase your losses as well as your gains. Therefore, it may not be suitable for all investors as traders may lose more than their initial investment amount.

Spreads

Our spreads are derived from the top liquidity providers. Pricing is standardized at 5 decimal places (JPY is at 3 decimal place) to enhance accuracy.

Typical spreads under normal forex trading conditions

Major and Minor Pairs

Pair STP Target Spread ECN Target Spread**
AUD/CAD 2.5 0.6
AUD/CHF 2.3 0.6
AUD/JPY 2.3 0.4
AUD/NZD 3.2 0.7
AUD/USD 1.9 0.2
CAD/CHF 2.4 0.7
CAD/JPY 2.4 0.5
CHF/JPY 2.6 0.7
EUR/AUD 2.4 0.2
EUR/CAD 3 0.8
EUR/CHF 2.1 0.4
EUR/GBP 1.6 0.4
EUR/JPY 2.2 0.3
EUR/NZD 3.6 1.1
EUR/USD 1.8 0.1
GBP/AUD 3.5 1.2
GBP/CAD 3.6 1.4
GBP/CHF 2.1 0.4
GBP/JPY 2.6 0.7
GBP/NZD 4.5 2
GBP/USD 2.1 0.4
NZD/CAD 3 0.8
NZD/CHF 2.5 0.8
NZD/JPY 2.5 0.6
NZD/USD 2.3 0.6
USD/CAD 2.6 0.4
USD/CHF 2.3 0.6
USD/JPY 2.3 0.4

*Slippage may occur during volatile market conditions
**For ECN accounts, a commission charge of US$7 / €6 / PLN25 per lot applies

Exotic Pairs

Pair STP Target Spread ECN Target Spread**
EUR/DKK 11.8 1.1
EUR/HUF 13.7 3.6
EUR/NOK 21.8 8
EUR/PLN 12.6 6.5
EUR/SEK 22.1 7.2
EUR/TRY 16.4 9.1
USD/CNH 12.9 2
USD/DKK 14.7 4
USD/HKD 15.5 2.2
USD/HUF 11 3.2
USD/MXN 55.2 22
USD/NOK 28.8 15
USD/PLN 12.1 5.7
USD/SEK 27.6 12.7
USD/SGD 2.7 0.4
USD/TRY 10.4 3.1
USD/ZAR 57.9 36.5

*Slippage may occur during volatile market conditions
**For ECN accounts, a commission charge of US$7 / €6 / PLN25 per lot applies

#Minimum level for placing Stop Loss and Take Profit orders from a current market price.

Trading Hours

The forex market is open 24 hours a day, 5 days a week. Trading is continuous between the standard trading hours for all currency pairs.

Server Time (GMT+3): Open from Monday 00:00 to Friday 24:00

*Our Server Time is set to GMT+3

Leverage Levels

There are different leverages to cater to our clients' trading preference, with leverage up to 1:500.

Please refer to the available leverages based on the account types.

Margin Requirement

Margin Requirement is an initial deposit required to maintain open positions. A portion of your trading account funds will be set aside as a margin deposit and this will be dependent on your leverage setting.

Example 1
Margin requirement for one standard contract position in EUR/USD at 1.15000 with a leverage of 1:100 is calculated as follows:
Margin = (1 * 100,000 * $1.1500) / (100) = $1150.00

Example 2
Margin requirement for one standard contract position in EUR/JPY at 122.760 with a leverage of 1:100 is calculated as follows:
Margin = (1 * 100,000 * $122.760) / (100) = JPY$122760

Assuming your MT4 account is denominated in USD, we will need to convert the margin requirement into USD:
Assuming the rate for USD/JPY is 109.725
Margin = $122.760 / 109.725 = $1118.79

Margin Call

Margin Call is a measure set by the brokerage to alert traders before their account funds fall below the Margin Requirement. This will prevent positions from liquidation due to insufficient Margin Requirement. At Anzo Capital, Margin Call is set at 80%, therefore, if your Equity (Balance – Open Positions Profit/Loss) falls below 80% of the margin required to maintain your positions, a notification within MT4 will be sent to alert you to make additional deposit to maintain your open positions.

Stop Out Level

If you are unable to maintain sufficient funds in your account after hitting the Margin Call level, and your account funds depreciates to the Stop Out level, your positions will be closed automatically to prevent further losses into the negative territory. At Anzo Capital, Stop Out level is set at 50%.

Swaps

It is a rollover interest (that is earned or paid) when traders hold their positions overnight. The interest for positions held over the weekend will occur on Wednesday. Therefore, the interest applied on Wednesday will be for three days of rollover interest.

Major and Minor Pairs

Pairs Long Short
AUD/CAD -0.86 -2.73
AUD/CHF 3.249 -7.392
AUD/JPY 2.736 -6.93
AUD/NZD -2.541 -2.2
AUD/USD -2.1 -0.63
CAD/CHF 2.997 -6.468
CAD/JPY 2.484 -5.896
CHF/JPY -3.355 0
EUR/AUD -13.75 5.733
EUR/CAD -11.319 5.049
EUR/CHF -0.231 -3.003
EUR/GBP -3.927 1.197
EUR/JPY -2.079 -1.507
EUR/NZD -14.443 6.669
EUR/USD -9.87 6.27
GBP/AUD -10.054 2.394
GBP/CAD -7.282 1.629
GBP/CHF 2.826 -7.623
GBP/JPY 1.629 -6.237
GBP/NZD -10.516 3.168
GBP/USD -7.46 3.71
NZD/CAD -0.583 -2.662
NZD/CHF 3.249 -6.82
NZD/JPY 2.826 -6.358
NZD/USD -1.848 -0.583
USD/CAD 0.67 -4.31
USD/CHF 5.193 -10.78
USD/JPY 5.61 -9.14

Exotic Pairs

Pairs Long Short
EUR/DKK -6.237 -16.06
EUR/HUF -9.24 0
EUR/NOK -43.89 13.428
EUR/PLN -35.805 17.955
EUR/SEK -11.55 -22.44
EUR/TRY -334.719 216.657
USD/CNH -31.185 7.695
USD/DKK 33.264 -65.032
USD/HKD -24.486 -0.814
USD/HUF 10.431 -22.407
USD/MXN -460.504 224.613
USD/NOK 19.242 -49.203
USD/PLN -1.617 -8.899
USD/SEK 37.44 -73.81
USD/SGD 1.971 -8.316
USD/TRY -250.294 158.094
USD/ZAR -234.696 104.913
SGD/JPY 0.945 -4.62
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