Markets & Products

Forex, also known as foreign exchange or currency trading, is the buying of one currency by simultaneously selling another. Forex traders attempt to profit by speculating on the direction the currency exchange rates will go in the future.

You can trade forex at FOREX.com 24 hours a day, five days a week. For more information, please visit our range of markets.

You can trade 80+ currency pairs at FOREX.com. View our full range of markets.

FOREX.com does not charge data or exchange fees on forex trades. We are compensated via the spread, which is the difference between the bid and ask. View our live spreads.

However, you may incur a rollover charge is you hold your positions overnight. Learn more about rollovers.

Our Margin Pip Calculator allows clients to review the amount of funds needed in order to enter into a Forex trade with the option to change the contract size.

In addition, our FOREX.com platforms have a built in Margin Calculator.

Gold (XAU) and silver (XAG) are traded as spot. Spot gold is offered as XAU/USD, XAU/EUR, XAU/GBP, XAU/CHF, XAU/GBP, XAU/JPY and XAU/AUD. The symbol for spot silver is XAG/USD. Copper, palladium, and platinum are traded as CFD futures.

All metals (including spot and CFD markets) are available 23 hours a day, 5 days a week. Please visit our Market Information Sheets in the platform for exact opening and closing times. When trading is closed you may still place new working orders or edit and cancel existing working orders. Metal markets also follow CME holiday closures. 

Full week trading, including over the weekend, is available for gold with the XAU/USD 7-Day product.

Yes, metal CFD futures have fixed monthly or quarterly expiry dates thus any position you have will close automatically when the market expires. When the market is close to expiry the next contract month will become available for you to trade.

If your account is a FOREX.com account, you can view a market’s expiry date in the Market Information Sheet on the FOREX.com desktop trading platform or the Market Info on the WebTrader platform.

If your account is a MetaTrader 5 account, you can view more information about the market's expiry date on the MetaTrader 5 desktop download platform in Terminal > Company > Support > CFD Product Details.

There is no expiry date when trading spot gold and silver. As long as you maintain the required margin, your position will remain open until you choose to close it. As with forex positions, open gold and silver positions automatically roll forward to the next day's value date following the close of NY trading at 5pm ET.

There is no financing charge for CFDs with expiry dates. These markets have wider spreads as the cost-of-carry (financing charge) has been incorporated into the price.

A CFD, or contract for difference, is an agreement to exchange the difference between the opening and closing price of the position under contract, rather than buying and selling the underlying security outright.

Margins for indices vary according to the market and type of account.

For more information on a specific market, please check the Key Market Information or Market Info within the trading platform.

Index CFD cash markets are non-expiring markets, however all of our index CFD Futures markets do expire.

You can find more information through Key Market Information directly on the desktop download platform. There is an "i" icon for each market.

You can also find this information on the WebTrader's Market Info section.

When a CFD Futures market expires, we close all open positions based on our most recent prices and all open orders are cancelled. To retain your open positions in a market, you must manually open a new position in the next contract month. You may also set the position to Autoroll prior to executing the position/order. When you launch the deal ticket, you will see a tick box option to Auto-Rollover. This box is located next to your "Direction" selection. If you tick this box, your futures contract will automatically roll to the next contract when it expires. Please note that autoroll is not available on the MetaTrader platform.

With most CFDs, financing is debited for long positions or credited for short positions daily if you are in a position at 5pm ET.

These charges are typically calculated as follows:

F=(S x P x R)/D

• F - Daily Financing Charge
• S - Number of CFDs (2500)
• P - Closing Price
• R - Relevant 1-month LIBOR rate, +250 basis points for long positions or -250 basis points for short positions, e.g. (4.50% + 2.50%) = 7.00%
• D - Number of days, i.e. 365 for UK shares and 360 for all others

Read more about our trade prices

FOREX.com is compensated by the spread, which is the difference between the bid and ask prices. View our live spreads.

In addition, you may be charged a nightly finance charge if you hold a position overnight, after 5pm ET.

With FOREX.com, you can trade Germany 40, Wall Street, EU Stocks 50 and more as CFDs. Click here to view our range of indices.

You can access thousands of popular global shares as CFDs at FOREX.com. Click here to learn more.

Shares trading is available on the proprietary FOREX.com platforms, as well as MetaTrader 5.

A CFD, or contract for difference, is an agreement to exchange the difference between the opening and closing price of the position under contract, rather than buying and selling the underlying security outright.

Yes, you can go either long or short on top companies from around the world.

On the FOREX.com desktop download platform, CFD specifications will located in the Key Market Information (the "i" box) available for each market.

On the WebTrader platform, CFD specifications will be located in the Market Info.

If you would like to add a share, you will need to email [email protected] stating the name or ticker code. Your request will be reviewed by our Trade Desk.

Margins for shares vary according to the market and type of account.

For more information on a specific market, please check the Key Market Information or Market Info within the trading platform.

Borrowing costs are incurred when you short a shares CFD position, and reflect a charge incurred in the underlying market when the underlying asset is borrowed in order to sell and return at a later date. Very few markets will incur a borrowing charge, and to determine whether the market you wish to trade has borrowing costs or not, please check the relevant Key Market Information or Market Info in the FOREX.com desktop platform.

Dividend adjustments are normally made on the ex-dividend date.

A corporate action is an event initiated by a company that will affect all positions in that market. Some of these will have a direct action on the price such as dividends, some are indirect such as stocks splits and some have little to no impact such as a name change.

Yes, your account is subject to any corporate actions occurring in the underlying market. All corporate actions (excluding dividends) will be emailed to you prior to the event. This is known as the instruction date. Depending on the corporate action, you may have to make a decision about positions on your account. You will have until the instruction deadline date noted in the email to decide. Corporate actions are free of commission.

Please note that in the event of any positions being closed and reopened, working orders will be cancelled.

Corporate actions will be applied on a per-trade basis, not as an overall value.

All of our commodity future CFD markets, including markets on MetaTrader, expire. Please note however, that our spot commodity CFD markets do not expire.

You can find more information through Key Market Information directly on the desktop download platform. There is an "i" icon for each market.

You can also find this information on the WebTrader's Market Info section.

For MetaTrader 5 accounts, commodity CFD markets information is found in Terminal > Company > Support > CFD Product Details on the MetaTrader 5 platform.

When a CFD market expires, we close all open positions based on our most recent prices and all open orders are cancelled. To retain your open positions in a market, you must manually open a new position in the next contract month. You may also set the position to Autoroll prior to executing the position/order. When you launch the deal ticket, you will see a tick box option to Auto-Rollover. This box is located next to your "Direction" selection. If you tick this box, your futures contract will automatically roll to the next contract when the it expires.

MetaTrader 5 does not have the option to autoroll; therefore, MetaTrader 5 clients will need to manually open a new position in the next contract month.

Margins for commodities vary according to the market and type of account.

For more information on a specific market, please check the Key Market Information or Market Info within the trading platform.

With FOREX.com, you can trade US crude oil, natural gas, coffee and many more as CFDs. Click here to view our range of commodities.

"Spot commodities are also known as Non-Expiring Commodities (NECs). To price these non-expiring markets, we use two sufficiently liquid futures contracts on the underlying commodity. This is usually the two with the nearest expiry date.

The contract with the closest expiry date is called the Front month contract and the second-nearest expiry date is called the Far month contract.

Throughout the duration of the Front month contract, the price of the NEC will gradually move from the price of the front month to the price of the far month.

As there will be an adjustment to the NEC Market price every day, your account will be subject to an adjustment in the form of a Credit/Debit to offset this price adjustment. For example, if the NEC contract is adjusted by +2 points, clients with long positions will be debited 2 x stake and clients with short positions will be credited 2 x stake. "

With most CFDs, financing is debited for long positions or credited for short positions daily if you are in a position at 5pm ET.

These charges are typically calculated as follows:

F=(S x P x R)/D

F - Daily Financing Charge

S - Number of CFDs (2500)

P - Closing Price

R - Relevant overnight LIBOR rate, +250 basis points for long positions or -250 basis points for short positions, e.g. (4.50% + 2.50%) = 7.00%

D - Number of days, i.e. 365 for UK shares and 360 for all others

A CFD, or contract for difference, is an agreement to exchange the difference between the opening and closing price of the position under contract, rather than buying and selling the underlying security outright.

US Crude Oil 7-Day is a standalone WTI Crude Oil Cash CFD product that is available during standard weekday trading hours and remains open most of Saturday and Sunday, allowing you to react to geopolitical, economic, and market-moving events outside traditional oil market hours. Trading pauses for a short period on Sunday before weekday market pricing resumes.  

When can I trade US Crude Oil 7-Day?
US Crude Oil 7-Day is tradeable 7 days and week with the following trading breaks: 

• Sunday to Thursday:  from 5 PM ET to 6 PM ET 
• Friday:  from 5 PM ET, reopening on Saturday at 4 AM ET 

Please review the Market Information Sheet on the platform for exact trading hours.  

How does pricing work?
During standard market hours, pricing follows our standard US Crude Oil pricing methodology, which references the underlying WTI market. When the traditional WTI futures market is closed during the weekend, pricing is derived from alternative crude oil reference markets and other relevant market information available to FOREX.com. Pricing adjustments may be applied to reflect differences between weekend reference markets and the traditional WTI market. When the traditional WTI futures market reopens, pricing returns to the standard US Crude Oil pricing methodology. Weekend spreads may be wider than during standard market hours. In exceptional circumstances, trading may be restricted, paused, or made close-only. 

How do positions work for US Crude Oil 7-Day?
US Crude Oil 7-Day is a separate market from the standard US Crude Oil CFD. Positions, margin requirements, and profit and loss are managed independently, and positions in one market will not offset, transfer to, or roll into the other. 

Why might weekend prices differ from standard US Crude Oil prices?
The traditional WTI futures market is closed during portions of the weekend. As a result, weekend prices are derived from alternative crude oil reference markets, which may not move in the same way as the traditional WTI market. The US Crude Oil 7-Day price may therefore differ from the final weekday price or from the price available when the traditional WTI futures market reopens. Trading during the weekend may allow clients to respond to market development before the traditional WTI futures market reopens, but it does not eliminate the risk that prices may gap when the traditional markets reopen.  

What events can affect US Crude Oil 7-Day prices during the weekend?
Crude oil prices can respond rapidly to developments affecting global oil supply and demand. These may include geopolitical events, OPEC+ decisions, production or supply disruptions, inventory developments, and other significant energy-market events. These events may occur while the traditional WTI futures market is closed and can result in significant price movements. 

Will financing charges apply?
Yes. Financing is applied to US Crude Oil 7-Day positions on a daily basis, including weekends. Positions held through the applicable financing cut-off may therefore be subject to a financing adjustment. Please refer to the Market Information Sheet for current financing information. 

Can stop-loss orders be triggered during the weekend?
Yes. If a stop level is reached based on the price quoted for US Crude Oil 7-Day, the order will be triggered as usual. Execution will occur based on available prices in the US Crude Oil 7-Day market at that time. Orders associated with the separate standard US Crude Oil market will not be triggered by movements in the US Crude Oil 7-Day market. 

Can trading be restricted or suspended?
Yes. In exceptional circumstances, including significant market disruption, problems with available reference prices, or other conditions where reliable pricing cannot be maintained, FOREX.com may restrict trading, make the market close-only, or one-sided, temporarily suspending trading or withdrawing pricing. In extreme circumstances, you may be unable to close a position until reliable price formation resumes.  

You can trade our range of cryptocurrency CFD markets, which include: Bitcoin, Ethereum, Litecoin, Ripple, and many more.

FOREX.com is compensated by the spread, which is the difference between the bid and ask prices. View our live spreads.

In addition, you may be charged a nightly finance charge if you hold a position overnight, after 5pm ET.

We do not offer physical cryptocurrencies, as the CFDs we offer are based on the value of the underlying digital coin. When trading CFDs, you never physically own the instrument you're trading.

Margins for cryptocurrencies vary according to the type of account.

For more information, you may refer to Indices on our Markets page.

You can use a deal ticket in the platform to calculate how much margin you need to place a cryptocurrency trade, or you can visit our margin calculator.

Crypto CFDs will be available to trade continuously from Saturday at 8:00 AM UTC until Friday at 9:00 PM UTC. Trading will pause from Friday 9:00 PM UTC and resume the following Saturday at 8:00 AM UTC.

While we aim to keep trading hours consistent, there may be instances where Crypto markets open later or close earlier than scheduled. In such cases, FOREX.com will endeavour to provide advance notifications to minimize any disruption to your trading experience.

Yes, you can continue to fund your trading account over the weekend. However, we recommend using debit or credit card funding, as bank wire transfers may experience delays during weekend hours.

Card funding (debit/credit) is typically processed instantly, ensuring your account is promptly credited. In contrast, bank wire transfers are subject to banking hours and may not be processed until the next business day, potentially putting your open positions at risk.

If your account is not sufficiently funded, you may risk the liquidation of your open Crypto positions. To avoid this, please ensure your account has adequate funds before the weekend, or use card funding to top up promptly when possible.

Yes, FOREX.com will endeavour to inform customers in advance of any changes to Crypto trading hours to help you plan and manage your positions effectively.

As of now, only Crypto CFDs are available to trade over the weekend. Other asset classes (like FX, indices, or commodities) follow standard weekday trading hours.

StoneX Europe Ltd executes orders as a market maker and acts as the sole execution venue for the all the orders of its clients. Therefore, the Company will act as a counterparty to all its clients’ orders and will be quoting prices for all the instruments offered through the trading platforms.

All prices offered by StoneX Europe are provided by StoneX Financial Limited, a StoneX Group Company authorised and regulated by the Financial Conduct Authority.

For more information, please refer to the Best Execution Summary available in the website under the Terms and Policies tab.

Foreign Exchange

Foreign exchange, gold, and silver price quotes are derived from prices provided to us by selected top-tier global banks in the wholesale foreign exchange, gold and silver markets.

Commodity CFDs

Commodity CFD price quotes are derived from quoted or execution prices from the derivative exchanges for commodities products.

Index CFDs

Index CFD price quotes are derived from quoted or execution prices for the underlying reference assets from derivatives exchanges with respect to the given indices which we believe will provide the best available prices to you on a consistent basis.

Pending orders, such as stops and limits, can be executed End of Day (EOD) or Good 'til Cancelled (GTC) on FOREX.com platforms.

End of Day (EOD) orders automatically expire at 5pm ET on the same day the order was entered.

Good ‘til Cancelled (GTC) orders will not expire unless clients manually cancel them or if they are linked to an open position, they will expire when that position is closed.

Pending orders on the MetaTrader 5 platform can be set to expire at a specific date and time; otherwise, it will remain on the platform with no expiry.

To check the execution price of your order you may use our charts, but be sure to review the correct price type chart.

If you have an open buy position or a pending sell order, you will need to monitor the BID chart.

If you have an open sell position or a pending buy order, you will need to monitor the ASK chart.

Market gap risk is a risk of holding positions open over the weekend or during a trading break.

Therefore, when the market reopens, the price could be substantially different from the previous closing price.

Slippage is when an order is filled at a price other than the requested price.

Our quoted prices are executable the majority of the time. In fast-moving markets, orders may be executed at a price which has ceased to be the best market price. Limit orders will always be filled at the price asked or better.

A limit down price is the maximum sell-off permitted in a market on a single day of trading. Once this level has been reached, trading on the market may then be restricted to prevent significant volatility and potential panic selling. A limit down price is typically determined as a percentage decline in a given market, rather than a nominal decline in price.

A limit down period is imposed by an exchange (such as the NYSE) and not by brokers. It usually lasts 15 minutes but may be extended depending on the percentage decline before market open.

Please note that a limit down only restricts selling on the affected market(s).

A trailing stop loss order is a powerful risk management tool, helping you to minimise potential losses, without setting a limit on your potential gains.

A trailing stop is created by setting a stop order that 'trails' your position by a specific number of points. If your trade moves in your favour, the trailing stop moves with the market, executing only when the market moves against you by the set number of points.

The trailing stop is more flexible than a fixed stop loss, since it automatically tracks the market's price direction and does not have to be manually reset, as you would have to with a fixed stop loss.

CFDs: There is no expiry for a CFD trade (unless it is a CFD future) and you may hold it for an unlimited period, as long as you have enough funds in your account to cover margin. Please remember that you will, however, be charged a daily overnight financing fee.

Futures contracts work differently and you can trade the price of futures markets using CFDs. Futures contracts are quoted monthly or quarterly and will have various different expiry dates, which will be stated in the Key Market Information section within the platform. You can choose to close your position at the expiry of a contract or roll your contract into the following month.

You're only charged margin on the larger side of the trade. Using the example above, you would only have been charged margin on the original Wall Street short 10 position, and not any hedged trade thereafter which is smaller than the initial trade.

For example, you have an open sell position for 2 Wall Street with an initial margin of €2400, and then you open a buy position for 1 Wall Street with a margin of €1200 (hedged trade). As the margin is bigger on the open sell 2 Wall Street trade, this will be the total margin required for all trades in this market. We do this to ensure that you have enough margin to cover the remaining position if and when the larger side is closed.

The same rule apples for all step margin levels.

The cost to trade varies depending on the market you are placing a trade for and your account type.

If you have a retail account, FOREX.com only charges commissions on shares CFD trading.

When a price for a market is quoted, you will actually see two prices. The first price, known as the bid, is the sell price and the second price is the buy price, known as the offer. The difference between the sell and buy price is called the spread.

FOREX.com offers both fixed and variable spreads, depending on the market you wish to trade.

Fixed spreads don’t change according to market conditions such as volatility or liquidity. Depending on the market, fixed spreads may either be offered for a defined period of the day, or throughout trading hours.

Variable spreads may fluctuate throughout the day according to different factors such as underlying liquidity or market volatility. With variable spreads, FOREX.com will quote you the minimum spread it could be, plus an average spread for a defined historical period of time. View our live spreads.

Please contact a tax professional for information on the tax situation in your country.

The current spread that is shown for an instrument is good for the maximum trade size shown on the Key Market Information for that specific instrument. Please note spreads may increase with large size trades.

FOREX.com does not charge data exchange fees. However, you may incur a financing/rollover charge if you hold your positions overnight. Learn more about rollovers.

Rollover rates (also known as a financing charge or swap rate) are based on the interest rate differential of the two currencies and the spot price, and is calculated according to whether the position is long or short. We source institutional rollover rates and pass these onto the clients at a competitive price.

However, rollover rates can be impacted by market conditions, especially at the end of a quarter or year. We periodically review our rollover rates and adjust them to fit with current market and industry conditions.

Each currency pair will have two rollover rates: one for short positions, another for long positions. Depending on the difference, your account will either be debited or credited a certain amount based on the rollover rate.

As a service to our customers, all open forex positions at the end of the day (5:00pm New York time) are automatically rolled over to the next settlement date. The rollover (or swap) adjustment is simply the accounting of the cost-of-carry on a day-to-day basis. We do not charge rollover on intraday trades.

Rollover rates are based on the interest rate differential of the two currencies and the spot price. However, rollover rates can be impacted by market conditions, especially at the end of a quarter or year.

We periodically review our rollover rates and adjust them to fit with current market and industry conditions.

You can access our rollover rates directly from our trading platforms.

FOREX.com Desktop Platform: Click on the "i" icon next to a market in a Watchlist to view details on that market. Rollover information can be found under the financing charge section.

WebTrader: You can view a market’s rollover on its Markets Info tab. To open this tab, right click on the name of a market and select Market Info from the dropdown. From there, rollover information can be found under the financing charge section.

FOREX.com mobile apps: In our mobile app, you can view a market’s rollover on its Market Info tab. To open this tab, select the name of a market and head to the Market Info tab. From there, rollover information can be found under the financing charge section.

MetaTrader 5: Click on the Company tab in Terminal, scroll to Profile, and select "Rollover Rates".

At FOREX.com, rollovers are processed daily at 5:00pm ET, at which time any open positions will be rolled and a debit or credit applied to your account. We do not charge rollover on intraday trades.

Visit our market trading hours page for the latest trading hours on every market that may be affected by public holidays.

At FOREX.com, rollovers are not applied to intraday trades. No interest is paid or received if you open and close a position within the same trading day after 5pm ET and before 5pm ET the following day.

Other brokers may apply rollovers on a continuous, second-by-second basis. This policy may ultimately end up raising your total trading costs, especially if the broker's rollovers are not competitive.

The spreads on both rollover rates and STIRs (short-term interest rates) typically widen considerably at the end of each quarter. As a result, usually only for a few days, the daily charge can increase dramatically, causing visible spikes in the cost. It is also possible for currency pairs to charge rollovers for both long and short positions where they may not usually do so.

Intraday positions are all positions opened anytime during the 24-hour period after the close of FOREX.com's normal trading hours at 5pm ET.

Overnight positions are positions that are still on at the end of normal trading hours (5pm ET), which are automatically rolled by FOREX.com at competitive rates (based on the currencies' interest rate differentials) and applied directly to your account balance.

At FOREX.com, rollovers for positions held over the weekend will be posted on Wednesday, as is standard in the industry. As a result, the rollover applied on Wednesday will be for three days of rollover interest.

A holiday rollover will occur when the currency traded has a major holiday and the banks are closed. A holiday rollover will typically be applied two days before the holiday.

Financing, also known as rollovers, is a charge that you pay in order to hold a position open overnight. The daily financing fee is automatically applied to your account each day that you hold an open position (including weekends). Should you hold a position overnight, there will be an overnight financing adjustment. We use swap points to calculate the daily overnight financing adjustment amount for FX pairs.

Financing charges for positions which remain open at our market close are calculated using the following formula:

Short Positions F = V × I / b

Long Positions F = V × I / b, where:

F = Daily Financing Fee

V = value of equivalent (quantity x end of day closing price)

I = applicable Financing Rate

b = day basis for currency (365 for GBP, HKD and AUD, 360 for all other currencies)

The daily financing fee will be applied to your account each day that you hold an open position (including weekend days). The financing rates are set at benchmark regional interest rate +/- 2.5%.

For example, you are long €10 on the France 40 and hold the position overnight. France 40 closes at 6500.

The LIBOR rate for that day is 0.33.

F = V x I/b

V = 10 (quantity) x 6500 (end of day closing price ) = 65000

I = 0.33 + 2.5% = 2.88%

V x I = 65000 x 2.88% = 1872

F = 1872 / 365 = €5.12 (Financing paid by you per day)

The daily financing fee will be applied to your account each day that you hold an open position (including weekend days).

Financing is applied from 5pm ET each day for most markets. For details of the times for all of our available markets, please view the Key Market Information on the platform.

Should you hold a position overnight, there will be an overnight financing adjustment. We use swap points to calculate the daily overnight financing adjustment amount for FX pairs. Note that on positions held overnight on Wednesdays, 3 days are charged to cover financing over the weekend.

We run an end of day process, where all positions held open during that time will be debited/credited. Clients who hold long positions will be credited/debited by –1 x notional amount x swap points unit quote currency, while short positions will be debited/credited by notional amount x swap points in unit quote currency.

For EUR/USD, if swap rates were 0.817/1.28, on a long position of €10,000 you would be charged $1.28 to hold the position overnight.

If you were to sell EUR/USD for €10,000, you would receive $0.82 overnight. These amounts are then converted back into your base currency.

Borrowing costs are incurred when you short a shares CFD position, and reflect a charge incurred in the underlying market when the underlying asset is borrowed in order to sell and return at a later date. Very few markets will incur a borrowing charge, and to determine whether the market you wish to trade has borrowing costs or not, please check the relevant Key Market Information or Market Info in the FOREX.com desktop platform.

Back to Base automatically converts any realised profits and losses, adjustments, fees and charges that are denominated in another currency, back to the base currency of your account before applying them to your account.

When Back to Base charges are applied, we strive to use commercially reasonable rates (which may be up to and including +/- 1.0% away from our quoted prices or rates from time to time). Any conversions and the rates applied will be disclosed on your contract notes and statements.

If there has been no trading activity within 12 months, we charge an inactivity fee of €15 per month until trading activity restarts, or until there are no funds left in the account.

If the account balance is below €15, only this remaining balance will be charged as the inactivity fee, rather than the full €15. Additional fees will not be charged if the account has no funds.

To avoid inactivity fees, we recommend withdrawing your funds if you do not plan to use your trading account. Placing a trade will reset your activity period, and inactivity fees will only be charged again if the account becomes inactive for a subsequent 12 months.

Platform logins, deposits and withdrawals are not considered “activity” and will not exempt a client from inactivity fees.

Accounts will automatically be suspended if the account has a zero balance after 12 months. If you would like to reactivate your account after it has been suspended, you will need to email [email protected] with your username and account number, indicating that you would like to reactivate your account.

Margin is equity from your account set aside by FOREX.com to maintain a position when you’re trading on leverage.

Equity is the sum of your cash and unrealised P&L.

Leverage is the ability to control a large position with a small amount of capital. It is usually denoted by a ratio. For example, if your account has a leverage of 30:1, that means you can trade a position of €50,000 with only approximately €1666.

Please note that increased leverage increases risk.

Our margin requirements differ according to platform (FOREX.com or MetaTrader), market, asset class and position size. You can find out the specific margin of each instrument in its Market Information Sheet on the FOREX.com platforms.

To calculate the amount of funds required to cover the margin requirement when you open a trade, simply multiply the total notional value of your trade (quantity x price of instrument) by the margin factor.

For example, say the margin requirement for EURUSD is 3.33%. The current buy price of EURUSD is 1.300 and you wish to buy 1 standard lot (100,000).

The total value of the position is $130,000 (100,000 x 1.300). The equivalent of $4329 would therefore be allocated from your account to open the position ($130,000 x 3.33%).

Keep in mind that when you have open positions, your margin requirement for those positions will adjust to the current market pricing.

With FOREX.com platforms, you can calculate the required margin before placing a trade through the platform’s margin calculator, monitor each position’s margin requirement separately or review your account’s total margin requirement through the Margin Indicator.

The larger the trade size, the higher the risk level associated with the trade. Therefore, we may increase our margin requirements for larger size trades or any additional trades in that instrument. To do this, FOREX.com increases the size of the margin requirement at specific levels, known as 'step margin levels'. Please note that step margin levels are not present in MetaTrader platforms.

The larger the trade size, the higher the risk level associated with the trade. Therefore, we may increase our margin requirements for larger size trades or any additional trades in that instrument. To do this, FOREX.com increases the size of the margin requirement at specific quantity levels, known as step margin levels. You can view a market’s step margin levels in its Market Information Sheet within the FOREX.com desktop platform.

Hedging margin on FOREX.com’s platforms is set to the largest trade, whereby only the margin for the larger portion of the hedge trade will be applied, and not for the smaller trade.

For example, you are trading CFDs and have two open Wall Street positions, originally selling a quantity of 10 and then buying a quantity of 5. In this case, only the margin for the larger side of the trade will be applied: the Wall Street short 10 position. Assuming that the margin for selling 10 Wall Street is €1,691.45 and the margin for buying 5 Wall Street is €845.70, you would only need to provide enough margin to cover the original, larger sell position for both of the trades in this market.

Some markets on the FOREX.com platform may benefit from orders-aware margining, which means that placing a stop loss order on an open position will reduce the margin required to maintain that position. Information on whether a market includes orders-aware margining can be found within the Key Market Information within the platform.

FOREX.com Retail Clients are covered under negative balance protection. This means that their account balance will never be allowed to go below zero, regardless of market conditions.

Please note negative balance protection is not available to Professional Client accounts.

You are responsible for monitoring your account and maintaining the required margin at all times to support your open positions.

By default, FOREX.com accounts have a 50% margin requirement level (this may vary with your level of leverage and account type). This means that, if at any point, the equity in your account drops below 50% of the required margin, your open positions will be subject to auto-liquidation. The liquidation process depends on the trading platform that you are using and, in the case of certain CFD markets, the timing of the liquidation:

• Proprietary FOREX.com platforms (during normal market hours):
  The net aggregated open position with the greatest unrealised loss first will be subject to liquidation first, followed by the net aggregated open position with next largest unrealised loss, and so on, until the maintenance margin requirement is satisfied or exceeded. Depending on the size and unrealised P&L of your positions, all open positions may be liquidated to meet the margin requirement.
• MetaTrader platforms (during normal market hours):
  The liquidation process for the MetaTrader platforms is slightly different. Instead of the net aggregate position, the individual open trade with the largest unrealised loss will be subject to liquidation first, followed by the individual open trade with the next largest unrealised loss, and so on, until the maintenance margin requirement is satisfied or exceeded. Depending on the size and unrealised P&L of the open positions, all open positions may be liquidated in order to meet the margin requirement.
• Weekend Cryptocurrency CFD trading:
  Over the weekend*, only cryptocurrency CFD markets are open and tradable. Therefore, if the equity in your account drops below 50% of the required margin during the weekend, your cryptocurrency CFD positions will be subject to liquidation - regardless of whether they are in profit or loss - and we may close any or all of your cryptocurrency CFD positions while your account equity remains below the 50% margin requirement over the weekend. During normal market hours, cryptocurrency CFD liquidations will be handled in accordance with the procedures described in the applicable platform sections above. Positions in other asset classes that are not actively trading will not be liquidated during the weekend; however, your account may be subject to further liquidations when other markets open depending on your available margin at that time.

*"Weekend" means the period between the normal market close time on Friday (or Saturday, depending on your time zone) and the normal market open time on Sunday (or Monday, depending on your time zone). Please refer to the trading platform for market hours for the time zone where you are located.

You may be notified by e-mail when the available margin in your account falls below 100%, 75% and 50% of the margin requirement. Please note that this notification is for your convenience only and should not be relied upon to protect your account.

When your account falls below 100% margin, your account will be set to reduce only and you will not be able to enter into new positions.

There are several proactive measures that you can employ to reduce the risk of liquidation and manage your account:

• Actively monitor the status of your open positions.
• Set a stop-loss order for each open trade to limit downside risk. You can set the stop-loss level at the time you place a trade, or add a stop-loss order at any time for any open trade. You can also change your stop-loss orders at any time to take current market prices or other conditions into account. The use of stop loss orders may not necessarily limit your losses.
• Keep your account funded in excess of your required margin. These extra funds act as a cushion, protecting you if the market moves against you. If you are in danger of breaching your margin limits, either incrementally reduce the size of your position or add funds to your account as soon as possible. However this measure is not a guaranteed method that limit your losses.