Forex

Trade the world's largest and most liquid market.

Why Trade Forex

WITH ALTUM BROKERS

Forex is the most actively traded market in the world, with over $5 trillion being traded on average every day.
That’s about $200 billion an hour, $3 billion a minute, $50 million a second!

1:500 Leverage

Deep liquidity

Low transactions costs

Take long and short positions

How

does it work?

Forex is traded in lots, with 1 lot being equal to 100,000 units of the base currency.

For example,

1 lot EURUSD is 100,000 EUR.

01

You open a 1 lot EURUSD Buy position when the exchange rate is 1.13231. This means you have bought $113,231 (100,000 EUR x 1.13231).

02

The next day, the exchange rate has risen to 1.14325 and you close your position. This means you have sold $114,325 (100,000 EUR x 1.14325).

03

Your total pofiit is therefore $1,094 ($114,325 - $113,231)

Forex

SPECIFICATIONS

Majors

Symbol 

Description

Digits    

Max Leverage

Contract Size

Min Volume

Step Volume

Max Volume

Average Spread

Sessions

CADCHF^

Canadian Dollar vs Swiss Franc

5

1 : 50

100,000

0.01

0.01

100

0.2

Mon-Fri: 00:00-24:00

CADJPY^

Canadian Dollar vs Japanese Yen

3

1 : 100

100,000

0.01

0.01

100

0.6

Mon-Fri: 00:00-24:00

CHFJPY^

Swiss Franc vs Japanese Yen

3

1 : 50

100,000

0.01

0.01

100

0.2

Mon-Fri: 00:00-24:00

EURCAD^

Euro vs Canadian Dollar

5

1 : 100

100,000

0.01

0.01

100

0.5

Mon-Fri: 00:00-24:00

EURCHF^

Euro vs Swiss Franc

5

1 : 50

100,000

0.01

0.01

100

0.5

Mon-Fri: 00:00-24:00

EURGBP^

Euro vs Great Britain Pound

5

1 : 100

100,000

0.01

0.01

100

0.2

Mon-Fri: 00:00-24:00

EURJPY^

Euro vs Japanese Yen

3

1 : 100

100,000

0.01

0.01

100

0.2

Mon-Fri: 00:00-24:00

EURUSD^

Euro vs US Dollar

5

1 : 100

100,000

0.01

0.01

100

0.0

Mon-Fri: 00:00-24:00

GBPCAD^

Great Britain Pound vs Canadian Dollar

5

1 : 100

100,000

0.01

0.01

100

0.9

Mon-Fri: 00:00-24:00

GBPCHF^

Great Britain Pound vs Swiss Franc

5

1 : 50

100,000

0.01

0.01

100

0.9

Mon-Fri: 00:00-24:00

GBPJPY^

Great Britain Pound vs Japanese Yen

3

1 : 100

100,000

0.01

0.01

100

0.4

Mon-Fri: 00:00-24:00

GBPUSD^

Great Britain Pound vs US Dollar

5

1 : 100

100,000

0.01

0.01

100

0.1

Mon-Fri: 00:00-24:00

USDCAD^

US Dollar vs Canadian Dollar

5

1 : 100

100,000

0.01

0.01

100

0.4

Mon-Fri: 00:00-24:00

USDCHF^

US Dollar vs Swiss Franc

5

1 : 50

100,000

0.01

0.01

100

0.2

Mon-Fri: 00:00-24:00

USDJPY^

US Dollar vs Japanese Yen

3

1 : 100

100,000

0.01

0.01

100

0.1

Mon-Fri: 00:00-24:00

Minors

Symbol

Description

Digits

Max Leverage

Contract Size

Min Volume

Step Volume

Max Volume

Average Spread

Sessions

AUDCAD^       

Australian Dollar vs Canadian Dollar

5

1 : 50

100,000

0.01

0.01

100

0.5

Mon-Fri: 00:00-24:00

AUDCHF^

Australian Dollar vs Swiss Franc

5

1 : 50

100,000

0.01

0.01

100

0.5

Mon-Fri: 00:00-24:00

AUDJPY^

Australian Dollar vs Japanese Yen

3

1 : 50

100,000

0.01

0.01

100

0.4

Mon-Fri: 00:00-24:00

AUDNZD^

Australian Dollar vs New Zealand Dollar

5

1 : 50

100,000

0.01

0.01

100

0.2

Mon-Fri: 00:00-24:00

AUDUSD^

Australian Dollar vs US Dollar

5

1 : 50

100,000

0.01

0.01

100

0.2

Mon-Fri: 00:00-24:00

CADNOK^

Canadian Dollar vs Norwegian Kroner

5

1 : 20

100,000

0.01

0.01

100

33.4

Mon-Fri: 00:00-24:00

CHFNOK^

Swiss Franc vs Norwegian Kroner

5

1 : 20

100,000

0.01

0.01

100

32.6

Mon-Fri: 00:00-24:00

EURAUD^

Euro vs Australian Dollar

5

1 : 50

100,000

0.01

0.01

100

0.2

Mon-Fri: 00:00-24:00

EURHUF^

Euro vs Hungarian Forint

3

1 : 10

100,000

0.01

0.01

100

15.5

Mon-Fri: 00:00-24:00

EURMXN^

Euro vs Mexican Peso

5

1 : 10

100,000

0.01

0.01

100

55.0

Mon-Fri: 00:00-24:00

EURNOK^

Euro vs Norwegian Krona

5

1 : 20

100,000

0.01

0.01

100

13.6

Mon-Fri: 00:00-24:00

EURNZD^

Euro vs New Zealand Dollar

5

1 : 50

100,000

0.01

0.01

100

0.8

Mon-Fri: 00:00-24:00

EURPLN^

Euro vs Polish Zloty

5

1 : 20

100,000

0.01

0.01

100

10.8

Mon-Fri: 00:00-24:00

EURSEK^

Euro vs Swedish Krona

5

1 : 20

100,000

0.01

0.01

100

71.4

Mon-Fri: 00:00-24:00

GBPAUD^

Great Britain Pound vs Australian Dollar

5

1 : 50

100,000

0.01

0.01

100

0.4

Mon-Fri: 00:00-24:00

GBPNOK^

Great Britain Pound vs Norwegian Kroner

5

1 : 20

100,000

0.01

0.01

100

25.2

Mon-Fri: 00:00-24:00

GBPNZD^

Great Britain Pound vs New Zealand Dollar

5

1 : 50

100,000

0.01

0.01

100

0.8

Mon-Fri: 00:00-24:00

GBPPLN^

Great Britain Pound vs Polish Zloty

5

1 : 20

100,000

0.01

0.01

100

11.8

Mon-Fri: 00:00-24:00

GBPSEK^

Great Britain Pound vs Swedish Krona

5

1 : 20

100,000

0.01

0.01

100

17.7

Mon-Fri: 00:00-24:00

NOKSEK^

Norwegian Kroner vs Swedish Krona

5

1 : 20

100,000

0.01

0.01

100

4.7

Mon-Fri: 00:00-24:00

NZDCAD^

New Zealand Dollar vs Canadian Dollar

5

1 : 50

100,000

0.01

0.01

100

0.8

Mon-Fri: 00:00-24:00

NZDCHF^

New Zealand Dollar vs Swiss Franc

5

1 : 50

100,000

0.01

0.01

100

0.6

Mon-Fri: 00:00-24:00

NZDJPY^

New Zealand Dollar vs Japanese Yen

3

1 : 50

100,000

0.01

0.01

100

0.4

Mon-Fri: 00:00-24:00

NZDUSD^

New Zealand Dollar vs US Dollar

5

1 : 50

100,000

0.01

0.01

100

0.3

Mon-Fri: 00:00-24:00

USDCNH^

US Dollar vs offshore RMB (Chinese Renminbi)

5

1 : 50

100,000

0.01

0.01

100

3.3

Mon-Fri: 00:00-24:00

USDCZK^

US Dollar vs Czech Koruna

4

1 : 50

100,000

0.01

0.01

100

6.7

Mon-Fri: 00:00-24:00

USDDKK^

US Dollar vs Danish Kroner

5

1 : 20

100,000

0.01

0.01

100

4.3

Mon-Fri: 00:00-24:00

USDHUF^

US Dollar vs Hugarian Forint

3

1 : 10

100,000

0.01

0.01

100

6.8

Mon-Fri: 00:00-24:00

USDMXN^

US Dollar vs Mexican Peso

5

1 : 10

100,000

0.01

0.01

100

43.4

Mon-Fri: 00:00-24:00

USDNOK^

US Dollar vs Norwegian Kroner

5

1 : 20

100,000

0.01

0.01

100

12.3

Mon-Fri: 00:00-24:00

USDPLN^

US Dollar vs Polish Zloty

5

1 : 20

100,000

0.01

0.01

100

68.8

Mon-Fri: 00:00-24:00

USDSEK^

US Dollar vs Swedish Krona

5

1 : 20

100,000

0.01

0.01

100

11.3

Mon-Fri: 00:00-24:00

Exotics

Symbol

Description

Digits

Max Leverage

Contract Size

Min Volume

Step Volume

Max Volume

Average Spread

Sessions

AUDSGD^

Australian Dollar vs Singapore Dollar

5

1 : 20

100,000

0.01

0.01

100

1.6

Mon-Fri: 00:00-24:00

CHFHUF^

Swiss Franc vs Hungarian Forint

3

1 : 10

100,000

0.01

0.01

100

24.1

Mon-Fri: 00:00-24:00

EURCZK^

Euro vs Czech Koruna

4

1 : 20

100,000

0.01

0.01

100

14.1

Mon-Fri: 00:00-24:00

EURDKK^

Euro vs Danish Krone

5

1 : 20

100,000

0.01

0.01

100

3.2

Mon-Fri: 00:00-24:00

EURHKD^

Euro vs Hong Kong Dollar

5

1 : 20

100,000

0.01

0.01

100

5.0

Mon-Fri: 00:00-24:00

EURRUB^

EURO vs Russian Ruble

5

1 : 5

100,000

0.01

0.01

100

463.0

Mon-Fri: 00:00-24:00

EURSGD^

Euro vs Singapore Dollar

5

1 : 20

100,000

0.01

0.01

100

1.7

Mon-Fri: 00:00-24:00

EURTRY^

Euro vs Turkish Lira

5

1 : 5

100,000

0.01

0.01

100

56.6

Mon-Fri: 00:00-24:00

GBPDKK^

Great Britain Pound vs Danish Krone

5

1 : 20

100,000

0.01

0.01

100

8.4

Mon-Fri: 00:00-24:00

GBPHUF^

Great Britain Pound vs Hungarian Forint

3

1 : 10

100,000

0.01

0.01

100

30.9

Mon-Fri: 00:00-24:00

GBPSGD^

Great Britain Pound vs Singapore Dollar

5

1 : 20

100,000

0.01

0.01

100

2.7

Mon-Fri: 00:00-24:00

NZDSGD^

New Zealand Dollar vs Singapore Dollar

5

1 : 20

100,000

0.01

0.01

100

1.6

Mon-Fri: 00:00-24:00

SGDJPY^

Singapore Dollar vs Japanese Yen

3

1 : 20

100,000

0.01

0.01

100

1.4

Mon-Fri: 00:00-24:00

TRYJPY^

Turkish Lira vs Japanese Yen

3

1 : 10

100,000

0.01

0.01

100

2.5

Mon-Fri: 00:00-24:00

USDHKD^

US Dollar vs Hong Kong Dollar

5

1 : 20

100,000

0.01

0.01

100

3.5

Mon-Fri: 00:00-24:00

USDILS^

US Dollar vs New Israeli Shekel

5

1 : 10

100,000

0.01

0.01

100

2.9

Mon-Fri: 00:00-24:00

USDRUB^

US Dollar vs Russian Ruble

5

1 : 5

100,000

0.01

0.01

100

114.0

Mon-Fri: 00:00-24:00

USDSGD^

US Dollar vs Singapore Dollar

5

1 : 20

100,000

0.01

0.01

100

1.4

Mon-Fri: 00:00-24:00

USDTHB^

US Dollar vs Thai Baht

5

1 : 10

100,000

0.01

0.01

100

115.4

Mon-Fri: 00:00-24:00

USDTRY^

US Dollar vs Turkish Lira

5

1 : 5

100,000

0.01

0.01

100

34.8

Mon-Fri: 00:00-24:00

USDZAR^

US Dollar vs South African Rand

5

1 : 10

100,000

0.01

0.01

100

48.4

Mon-Fri: 00:00-24:00

ZARJPY^

South African Rand vs Japanese Yen

3

1 : 10

100,000

0.01

0.01

100

0.5

Mon-Fri: 00:00-24:00

Forex

MARGIN REQUIRMENTS

Altum Brokers uses a dynamic leverage model, which automatically adapts to the clients' trading positions.This allows clients to take advantage of the maximum leverage offered, while still having limits in place.

As the clients trading volume increases, the maximum leverage offered decreases, as per the tables below:

Tiers
Volume USD
Max Leverage
Margin Requirement %
Tier 1
0 – 500,000
1:500
0.2
Tier 2
500,000 – 1,000,000
1:200
0.5
Tier 3
1,000,000 – 3,000,000
1:100
1
Tier 4
3,000,000 – 5,000,000
1:50
2
Tier 5
5,000,000 – 20,000,000
1:20
5

Forex

FINANCING FEES (SWAP)

All positions left open overnight are subject to financing fees (swap).
Swap may be positive or negative, depending on the direction (buy/sell) of the position.

The rate can be found under Specifications on the MT5 platform.

The swap is calculated in the quote currency as follows:

Pip value for 1 lot x No of Lots x Swap Rate x No of nights* /10

The swap will be automatically converted into the base currency of the trading account before being applied.

*Swap on FX pairs is charged triple (x3) on Wednesday.
AltumBrokers offers swap free accounts on all FX pairs for religious purposes.