Forex Trading
What is Forex Trading?
Forex trading, or foreign exchange trading, involves the buying and selling of currencies in the global market with the aim of making a profit. As the largest and most liquid financial market in the world, the Forex market operates 24 hours a day, five days a week, offering opportunities for traders to engage in currency trading from anywhere at any time.
Forex trading refers to the exchange of one currency for another with the goal of capitalizing on changes in exchange rates. Traders buy and sell currency pairs, such as EUR/USD (Euro/US Dollar) or GBP/JPY (British Pound/Japanese Yen), speculating on the direction of the exchange rate. The Forex market is decentralized, meaning it does not have a central exchange; instead, it operates through a network of banks, brokers, and financial institutions.
Forex Market Spreads, Commissions and Swaps
Benefits of Forex Trading:
- High Liquidity: The Forex market has a daily trading volume exceeding $6 trillion, ensuring quick execution at competitive prices.
- 24/5 Market: Trading is available 24 hours a day during the week, allowing traders to react to global market movements.
- Leverage: Traders can control large positions with a small amount of capital, increasing both potential profits and risks.
- Diverse Trading Opportunities: A wide range of currency pairs enables portfolio diversification.
- Low Transaction Costs: Many brokers offer tight spreads and competitive commissions.
Why Trade Forex with Decode Capital?
Tighter Spreads
Market leading pricing with spreads from 0.2 pips, 24/5
Faster Execution
Low latency, ultra fast execution with servers located in LD3
Advanced Platform
MetaTrader 4 on Windows, Mac, and mobile
24/5 Support
Customer service provided by our experienced account managers
Start Trading Now
Product Schedule – Forex – Standard Account
| Type | Symbol | Digits | Contract Size | Volumes | Spread (GMT+3) | Margin | |
|---|---|---|---|---|---|---|---|
| Minimum | Maximum (each time) | ||||||
| Forex | EURUSD | 5 | 100000 | 0.01 | 50 | Variable | 1:30 |
| Forex | GBPUSD | 5 | 100000 | 0.01 | 50 | Variable | 1:30 |
| Forex | USDJPY | 3 | 100000 | 0.01 | 50 | Variable | 1:30 |
| Forex | USDCHF | 5 | 100000 | 0.01 | 50 | Variable | 1:30 |
| Forex | AUDUSD | 5 | 100000 | 0.01 | 50 | Variable | 1:30 |
| Forex | USDCAD | 5 | 100000 | 0.01 | 50 | Variable | 1:30 |
| Forex | AUDNZD | 5 | 100000 | 0.01 | 50 | Variable | 1:20 |
| Forex | AUDCAD | 5 | 100000 | 0.01 | 50 | Variable | 1:20 |
| Forex | AUDCHF | 5 | 100000 | 0.01 | 50 | Variable | 1:20 |
| Forex | AUDJPY | 3 | 100000 | 0.01 | 50 | Variable | 1:20 |
| Forex | CHFJPY | 3 | 100000 | 0.01 | 50 | Variable | 1:20 |
| Forex | EURGBP | 5 | 100000 | 0.01 | 50 | Variable | 1:20 |
| Forex | EURAUD | 5 | 100000 | 0.01 | 50 | Variable | 1:20 |
| Forex | EURCHF | 5 | 100000 | 0.01 | 50 | Variable | 1:20 |
| Forex | EURJPY | 3 | 100000 | 0.01 | 50 | Variable | 1:20 |
| Forex | EURNZD | 5 | 100000 | 0.01 | 50 | Variable | 1:20 |
| Forex | EURCAD | 5 | 100000 | 0.01 | 50 | Variable | 1:20 |
| Forex | GBPCHF | 5 | 100000 | 0.01 | 50 | Variable | 1:20 |
| Forex | GBPJPY | 3 | 100000 | 0.01 | 50 | Variable | 1:20 |
| Forex | CADCHF | 5 | 100000 | 0.01 | 50 | Variable | 1:20 |
| Forex | USDCNH | 5 | 100000 | 0.01 | 50 | Variable | 1:20 |
| Forex | NZDUSD | 5 | 100000 | 0.01 | 50 | Variable | 1:20 |
| Forex | AUDSGD | 5 | 100000 | 0.01 | 50 | Variable | 1:20 |
| Forex | CADJPY | 3 | 100000 | 0.01 | 50 | Variable | 1:20 |
| Forex | CADSGD | 5 | 100000 | 0.01 | 50 | Variable | 1:20 |
| Forex | CHFSGD | 5 | 100000 | 0.01 | 50 | Variable | 1:20 |
| Forex | EURSGD | 5 | 100000 | 0.01 | 50 | Variable | 1:20 |
| Forex | GBPAUD | 5 | 100000 | 0.01 | 50 | Variable | 1:20 |
| Forex | GBPCAD | 5 | 100000 | 0.01 | 50 | Variable | 1:20 |
| Forex | GBPNZD | 5 | 100000 | 0.01 | 50 | Variable | 1:20 |
| Forex | GBPSGD | 5 | 100000 | 0.01 | 50 | Variable | 1:20 |
| Forex | NZDCAD | 5 | 100000 | 0.01 | 50 | Variable | 1:20 |
| Forex | NZDCHF | 5 | 100000 | 0.01 | 50 | Variable | 1:20 |
| Forex | USDHKD | 5 | 100000 | 0.01 | 50 | Variable | 1:20 |
| Forex | USDSGD | 5 | 100000 | 0.01 | 50 | Variable | 1:20 |
Product Schedule – Forex – Pro Account
| Type | Symbol | Digits | Contract Size | Volumes | Spread (GMT+3) | Commission USD (per Standard Lot) | Commission AUD (per Standard Lot) | Margin | |
|---|---|---|---|---|---|---|---|---|---|
| Minimum | Maximum (each time) | ||||||||
| Forex | EURUSD | 5 | 100000 | 0.01 | 50 | Variable | $3.50 | $3.50 | 1:30 |
| Forex | GBPUSD | 5 | 100000 | 0.01 | 50 | Variable | $3.50 | $3.50 | 1:30 |
| Forex | USDJPY | 3 | 100000 | 0.01 | 50 | Variable | $3.50 | $3.50 | 1:30 |
| Forex | USDCHF | 5 | 100000 | 0.01 | 50 | Variable | $3.50 | $3.50 | 1:30 |
| Forex | AUDUSD | 5 | 100000 | 0.01 | 50 | Variable | $3.50 | $3.50 | 1:30 |
| Forex | USDCAD | 5 | 100000 | 0.01 | 50 | Variable | $3.50 | $3.50 | 1:30 |
| Forex | AUDNZD | 5 | 100000 | 0.01 | 50 | Variable | $3.50 | $3.50 | 1:20 |
| Forex | AUDCAD | 5 | 100000 | 0.01 | 50 | Variable | $3.50 | $3.50 | 1:20 |
| Forex | AUDCHF | 5 | 100000 | 0.01 | 50 | Variable | $3.50 | $3.50 | 1:20 |
| Forex | AUDJPY | 3 | 100000 | 0.01 | 50 | Variable | $3.50 | $3.50 | 1:20 |
| Forex | CHFJPY | 3 | 100000 | 0.01 | 50 | Variable | $3.50 | $3.50 | 1:20 |
| Forex | EURGBP | 5 | 100000 | 0.01 | 50 | Variable | $3.50 | $3.50 | 1:20 |
| Forex | EURAUD | 5 | 100000 | 0.01 | 50 | Variable | $3.50 | $3.50 | 1:20 |
| Forex | EURCHF | 5 | 100000 | 0.01 | 50 | Variable | $3.50 | $3.50 | 1:20 |
| Forex | EURJPY | 3 | 100000 | 0.01 | 50 | Variable | $3.50 | $3.50 | 1:20 |
| Forex | EURNZD | 5 | 100000 | 0.01 | 50 | Variable | $3.50 | $3.50 | 1:20 |
| Forex | EURCAD | 5 | 100000 | 0.01 | 50 | Variable | $3.50 | $3.50 | 1:20 |
| Forex | GBPCHF | 5 | 100000 | 0.01 | 50 | Variable | $3.50 | $3.50 | 1:20 |
| Forex | GBPJPY | 3 | 100000 | 0.01 | 50 | Variable | $3.50 | $3.50 | 1:20 |
| Forex | CADCHF | 5 | 100000 | 0.01 | 50 | Variable | $3.50 | $3.50 | 1:20 |
| Forex | USDCNH | 5 | 100000 | 0.01 | 50 | Variable | $3.50 | $3.50 | 1:20 |
| Forex | NZDUSD | 5 | 100000 | 0.01 | 50 | Variable | $3.50 | $3.50 | 1:20 |
| Forex | AUDSGD | 5 | 100000 | 0.01 | 50 | Variable | $3.50 | $3.50 | 1:20 |
| Forex | CADJPY | 3 | 100000 | 0.01 | 50 | Variable | $3.50 | $3.50 | 1:20 |
| Forex | CADSGD | 5 | 100000 | 0.01 | 50 | Variable | $3.50 | $3.50 | 1:20 |
| Forex | CHFSGD | 5 | 100000 | 0.01 | 50 | Variable | $3.50 | $3.50 | 1:20 |
| Forex | EURSGD | 5 | 100000 | 0.01 | 50 | Variable | $3.50 | $3.50 | 1:20 |
| Forex | GBPAUD | 5 | 100000 | 0.01 | 50 | Variable | $3.50 | $3.50 | 1:20 |
| Forex | GBPCAD | 5 | 100000 | 0.01 | 50 | Variable | $3.50 | $3.50 | 1:20 |
| Forex | GBPNZD | 5 | 100000 | 0.01 | 50 | Variable | $3.50 | $3.50 | 1:20 |
| Forex | GBPSGD | 5 | 100000 | 0.01 | 50 | Variable | $3.50 | $3.50 | 1:20 |
| Forex | NZDCAD | 5 | 100000 | 0.01 | 50 | Variable | $3.50 | $3.50 | 1:20 |
| Forex | NZDCHF | 5 | 100000 | 0.01 | 50 | Variable | $3.50 | $3.50 | 1:20 |
| Forex | USDHKD | 5 | 100000 | 0.01 | 50 | Variable | $3.50 | $3.50 | 1:20 |
| Forex | USDSGD | 5 | 100000 | 0.01 | 50 | Variable | $3.50 | $3.50 | 1:20 |
If you are looking for a full Product Schedule, please click on Full Product Schedule.