Trade Forex with Confidence on OpalX
Ultra-fast execution
Risk-free demo account
Ultra-fast execution
Risk-free demo account
Services
Why Trade CFDs on Forex With OpalX
Become an Introducing Broker with us and enjoy tailored commission models with unrivaled operational support
0.0 Ultra-tight spreads
50 + Currency pairs – majors, minors & exotics
1:2000 Account Leverage
7 Powerful trading platforms
Superior trading tools
24/7 Customer Support
Services
Forex Major Pairs Contract Specifications
Important
- Swaps values may be adjusted daily based on market conditions and rates provided by our Price Provider applicable to all open positions. Triple swaps are applied every Wednesday.
- Server Times: Winter: GMT+2 and Summer: GMT+3 (DST) (last Sunday of March and ends last Sunday of October).
- During the time period from 23:55 to 00:05 server time increased spreads and decreased liquidity can take place due to daily bank rollover. In case of inadequate liquidity/spreads during bank rollover, widened spreads and excessive slippage may occur. Therefore orders may not be executed during these times.
Calculating Forex Margin Requirements - Example
Account Leverage:
1:400
Account base currency:
USD
Position:
Open 10 lots BUY EURUSD at 1.21745
1 Lot size:
100,000 units
Notional value is:
10 * 100,000 * 1.21745 = 1,217,450 USD
Margin required is:
1,217,450 USD / 400 = 3,043.63 USD
What Is Forex Trading?
Trade Forex CFDs (Contracts for Difference) to take advantage of currency price fluctuations. Predict movements in exchange rates, like the US Dollar rising against the Euro, and make strategic trades. If your forecast is correct, you can sell your Dollars for Euros at a higher value, earning a profit. With the flexibility of Forex CFDs, both rising and falling markets offer opportunities.
Forex, also known as the foreign exchange market, is a decentralized global marketplace for currency trading. Its primary advantage is the ability to profit from currency volatility caused by economic and geopolitical factors, including interest rates, inflation, and political instability. Whether you're an individual trader or an institution, forex offers constant opportunities in a dynamic financial environment.
Forex trading comes with multiple advantages, such as leverage, high liquidity, competitive spreads, and low transaction costs. Enjoy 24/5 market access on powerful platforms like MT5 and CTrader. Experience seamless trading with cutting-edge tools and market insights — making it simple to get started in the forex market.
Successful forex trading requires staying informed about global economic events, interest rate decisions, and market news that can influence currency prices. Continuous learning and market analysis are key to navigating the dynamic forex landscape.
FAQs
Frequently Asked Questions
Find quick answers to common questions about OpalX, including our services, account setup, and trading features. If you need more help, feel free to reach out to our support team.
