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What Is Forex Trading

Foreign exchange trading, or simply forex, is the world’s largest financial market with over $5 trillion in daily trading.

Due to the fact that forex currency trading has no centralised marketplace, currencies can be traded in whatever market is open at any given time, creating a great opportunity for traders to buy and sell currencies around the clock 24 hours a day, 5 days a week with the exception of weekends. Investors include banks, large institutions and individual traders from all around the globe. Hantec Markets offer you the ability to trade forex through our bespoke and multi-award winning forex trading platforms. We offer the tightest spreads in the market, starting from 0 pips.

ProductsSpreadsRollovers
CurrencyCodeAverage SpreadLongShortTriple Rollover Date
MajorAUDUSD0.4-2.20.2Wednesday
EURUSD0.3-32Wednesday
GBPUSD0.4-2.21.2Wednesday
NZDUSD0.5-2.20.2Wednesday
USDCAD0.50.1-1.1Wednesday
USDCHF0.42.35-3.35Wednesday
USDJPY0.41.8-2.8Wednesday
MinorEURGBP0.4-1.80.8Wednesday
EURJPY0.2-0.8-0.2Wednesday
EURCHF0.4-0.2-0.8Wednesday
GBPJPY0.20.5-1.5Wednesday
GBPCHF0.61-2Wednesday
GBPAUD1.5-1.3-0.7Wednesday
NZDJPY0.80.2-2.2Wednesday
CADJPY0.61.4-2.4Wednesday
CHFJPY0.8-1.10.1Wednesday
EURAUD0.9-2.50.5Wednesday
EURCAD0.8-2.51.5Wednesday
EURNZD2-2.70.7Wednesday
GBPCAD1.5-1.50.5Wednesday
GBPNZD1.5-1.50.5Wednesday
AUDCAD0.5-1.60.4Wednesday
AUDCHF0.50.7-2.7Wednesday
AUDNZD0.5-1.2-0.8Wednesday
NZDCAD1.2-1.6-0.4Wednesday
NZDCHF0.80.9-2.9Wednesday
CADCHF1.12-3Wednesday

Find out our trading rules:

ContractStandard AccountPlatinum Account
Minimum lot of orders issued each time 0.01 lot
Maximum lot of orders issued each time
(include position nad limit/stop orders)
100 lots
Contract size1 lot = 100000 base currency
Spreadfloating spreads
Commissionfree
Overnight interestClients may receive or pay overnight interest.

Please refer to the rates offered by interbank.
Maximum leverage200:1 100:1
Initial margin (per lot) 0.5% of opening position 1% of opening position
Margin closeout (per lot) 20% of initial margin
Lock position 30% of initial margin
Trading hours (AEDT) [1]
Summer time:
Monday 08:05 AM - Saturday 07:55 AM
Winter time:
Monday 08:05 AM - Saturday 06:55 AM

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