TRADE FX/FOREX
FX | CFDs | ETFs | Futures | Metals | Indices
Trade FX/FOREX
Access the world’s most liquid market, trade over 200 major, minor and exotic currency pairs with institutional-grade liquidity, tight spreads and low commissions.
With daily transaction volumes in excess of $5.3 trillion (10x greater than global equities market) the foreign exchange (FX/Forex) market is the largest and most liquid in the world.
Trade FX like a pro with superior liquidity and tight spreads
A global, decentralised, largely ‘over the counter’ (OTC) market, FX brings institutions, companies and individuals together to trade in the movement of specific currency pairs (FX spot market) and offers the opportunity to speculate on currency movements using derivative instruments including currency futures (swap rates), NDFs (Non-Deliverable Forwards) and CFDs (Contracts For Difference).
Match Securities gives you the freedom to trade FX exactly how, where and when you want to, including all major, minor and exotic currency pairs including cryptocurrency pairs. Whether executing through proprietary ML Trader, MT5 or our other best in class trading platforms and connections (FIX API), trade FX like a pro, with superior liquidity and tight spreads.
FX Swap Rates
A forex swap rate, or rollover, is defined as the interest rate applied overnight to an open FX position, determined by the interest rate differential between two currencies in a pair, and whether the position is long (buy) or short (sell). As such, it may be ‘earned’ (given) or ‘paid’ (taken), depending on whether the differential rate has a positive or negative value.
Swap Rates are available to Match Securities clients via its MT5 execution platform
What you need to know
- Swap rates (rollovers) are applied to a trading account only when an FX position is kept open to the next trading day.
- Rates are calculated and applied every trading night (at the end of day rollover). Note: On Wednesday nights, swap rates are calculated at 3x the standard rate.
- Currency pairs have specific swap rate charges, calculated in points, on the basis of a standard size of 1.0 lots (100,000* base units). MetaTrader (MT5) converts the points into the base currency of the account automatically.
- Swap rates (rollovers) are applied to a trading account only when an FX position is kept open to the next trading day.
- Some currency pairs may be subject to a negative swap rate on both sides (buy and sell).
*FX currency pairs/symbols
