Standard account spread rates
| |
| Majors |
Streaming currency pairs |
Spread rates in basis points* |
| AUDUSD |
0.0003 |
| EURUSD |
0.0003 |
| GBPUSD |
0.0003 |
| USDCAD |
0.0004 |
| USDCHF |
0.0003 |
| USDJPY |
0.03 |
| |
| Euro Crosses |
Streaming currency pairs |
Spread rates in basis points* |
| EURAUD |
0.0008 |
| EURCAD |
0.0007 |
| EURCHF |
0.0003 |
| EURDKK |
0.0005 |
| EURGBP |
0.0003 |
| EURJPY |
0.03 |
| EURNOK |
0.0030 |
| EURPLN** |
0.0040 |
| EURSEK |
0.0030 |
| EURTRY** |
0.0030 |
| |
| Other Rates |
Streaming currency pairs |
Spread rates in basis points* |
| AUDJPY |
0.06 |
| CADJPY |
0.05 |
| CHFDKK |
0.0017 |
| CHFNOK |
0.0025 |
| CHFSEK |
0.0025 |
| DKKSEK |
0.0007 |
| GBPCAD |
0.0009 |
| GBPCHF |
0.0007 |
| GBPDKK |
0.0050 |
| GBPJPY |
0.08 |
| GBPNOK |
0.0060 |
| GBPSEK |
0.0050 |
| NOKSEK |
0.0008 |
| NZDJPY |
0.06 |
| NZDUSD |
0.0004 |
| USDDKK |
0.0009 |
| USDHKD |
0.0007 |
| USDMXN*** |
0.0050 |
| USDNOK |
0.0035 |
| USDPLN** |
0.0040 |
| USDSGD |
0.0006 |
| USDTRY** |
0.0020 |
| USDZAR |
0.0100 |
|
Institutional account spread rates
| |
| Majors |
Streaming currency pairs |
Spread rates in basis points* |
| AUDUSD |
0.0003 |
| EURUSD |
0.0002 |
| GBPUSD |
0.0003 |
| USDCAD |
0.0004 |
| USDCHF |
0.0003 |
| USDJPY |
0.02 |
| |
| Euro Crosses |
Streaming currency pairs |
Spread rates in basis points* |
| EURAUD |
0.0005 |
| EURCAD |
0.0007 |
| EURCHF |
0.0003 |
| EURDKK |
0.0003 |
| EURGBP |
0.0001 |
| EURJPY |
0.03 |
| EURNOK |
0.0025 |
| EURPLN** |
0.0035 |
| EURSEK |
0.0025 |
| EURTRY** |
0.0020 |
| |
| Other Rates |
Streaming currency pairs |
Spread rates in basis points* |
| AUDJPY |
0.04 |
| CADJPY |
0.04 |
| CHFDKK |
0.0009 |
| CHFNOK |
0.0025 |
| CHFSEK |
0.0020 |
| DKKSEK |
0.0006 |
| GBPCAD |
0.0009 |
| GBPCHF |
0.0006 |
| GBPDKK |
0.0030 |
| GBPJPY |
0.07 |
| GBPNOK |
0.0050 |
| GBPSEK |
0.0040 |
| NOKSEK |
0.0007 |
| NZDJPY |
0.06 |
| NZDUSD |
0.0004 |
| USDDKK |
0.0009 |
| USDHKD |
0.0006 |
| USDMXN*** |
0.0040 |
| USDNOK |
0.0030 |
| USDPLN** |
0.0040 |
| USDSGD |
0.0005 |
| USDTRY** |
0.0020 |
| USDZAR |
0.0070 |
|
*Spread rates are normally fixed and will only widen significantly in rare occurrences such as:
- Central bank rate decisions (ECB, FED, BOE; BOJ etc).
- Monetary policy decisions (FOMC meetings etc).
- Unexpected events leading to volatile market conditions.
- Volatile market conditions.
- Illiquid market conditions (public holidays etc.)
In order to reflect on the real market dynamics FXEURASIA broadcasts factual spreads receivable from our liquidity providers. Our systems are conceived to choose and transmit the best prices available to us from our partner banks. However, high market volatility caused by lasting macroeconomic effects may cause our counterparties to quote larger-then-normal spreads on non-RFQ systems, causing FXEURASIA to adapt to this environment in real time. |
|
**These pairs can be traded live from 9h00 - 21h00 CET. Outside this time; limit/stop orders and margin requirements are being monitored.
We accept no responsibilities for price slippage between the close and open prices on the next days trading.
***USDMXN can be traded live from 14h30 - 21h00 CET. |
Margin rates
Minimum margin rates for FXEURASIA institutional accounts go as follows (Our margins do not widen overnight and during the weekend):
Account size (Deposit) |
|
Total Dollarized Value of open
Positions |
Liquidation
Margin |
Up to 4'000'000 USD |
and / or |
Up to 25'000'000 USD |
1.0% |
From 4'000'001 USD to 6’250'000 USD |
and / or |
From 25'000'001 USD to 31’250'000 USD |
2.0% |
From 6’250'001 USD to 9'000'000 USD |
and / or |
From 31’250'001 USD to 37’500'000 USD |
2.5% |
From 9'000'001 USD to 12'250'000 USD |
and / or |
From 37'500'001 USD to 43'750'000 USD |
3.0% |
From 12'250'001 USD to 16'000'000 USD |
and / or |
From 43'750'001 USD to 50’000'000 USD |
3.5% |
From 16'000'001 USD to 20'000'000 USD |
and / or |
From 50'000'001 USD to 55’000'000 USD |
4.0% |
From 20'000'001 USD to 25'000'000 USD |
and / or |
From 55'000'001 USD to 62’500'000 USD |
4.5% |
25'000'001 USD and above |
and / or |
62'500'001 USD and above |
as of 5% |
All customers are fully responsible for monitoring the activity on their accounts. In the case that open positions result in excessive margin exposure and attain the allowable limit, liquidation will occur automatically and all open positions will be closed.
Margin capacity
Margin indicates the level of leverage on which a customer may execute transactions and serves as a credit limit that he may not exceed. On a 1% margin, an account containing USD 50'000 theoretically has the capacity to execute transactions up to USD 5'000'000. In practice, customers should aim for a lower margin utilisation. FXEURASIA offers 1% initial margin. As a service, FXEURASIA dealers will attempt to contact customers accustomed to dealing by telephone with the dealing desk whose open positions are close to full margin capacity. All customers are however fully responsible for monitoring the activity on their accounts. FXEURASIA is obliged to liquidate all open positions on an account in the event that a negative result on those positions causes the specified 1% margin level to be crossed, liquidation occurs automatically.
The margin capacity FXEURASIA offers reflects our willingness to provide the traders with the level of risk they wish to adopt, we do not however recommend trading close to 1% margin capacity as this engages a large amount of risk. Ultimately the choice is left to the trader to make transactions that meet his/her appetite for risk. |
