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Frequently asked questions
How does FOREX.com make money?
Our main source of revenue comes from the market spread. In effect, you pay a little more for the buy price, and receive a little less for the sell price. For example, if EUR/USD is trading in the market at 1.2164, our 1-point spread means it would have a buy price of 1.21645 and a sell price of 1.21635.
When is the forex market open for trading?
You can trade forex on FOREX.com 24 hours a day, five days a week. The foreign exchange markets are worldwide and follow a 24-hour global timetable, opening Monday morning in Sydney, Australia, and closing on Friday evening in New York.
What are the margin requirements?
Margin requirements for forex vary by currency pair, but range from 3.33% (major pairs) to 30% (minor and exotic pairs). You can find out the specific margin of each instrument in its Market Information Sheet on the FOREX.com desktop platform, and you can calculate the required margin before placing a trade.